Hammer Metals Limited (6HM) — Defensive Interval Ratio
Hammer Metals Limited (6HM) has a Defensive Interval Ratio of 122 days as of June 2023. Defensive assets of €171.76K (cash €-, short-term investments €-, receivables €171.76K) cover 122 days of daily cash needs of €1.40K/day. Check Hammer Metals Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Hammer Metals Limited Defensive Interval Ratio (2017–2023)
This chart shows how Hammer Metals Limited's Defensive Interval Ratio has evolved across 7 annual periods from 2017 to 2023. As of June 2023, the ratio stands at 122 days, meaning defensive assets of €171.76K can fund 122 days of operations without new revenue. Also explore net asset growth rate of Hammer Metals Limited to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Hammer Metals Limited (2017–2023)
The table below presents the year-by-year Defensive Interval Ratio for Hammer Metals Limited from 2017 to 2023, covering 7 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Hammer Metals Limited market cap and net worth.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 122 days | €171.76K | €1.40K/day | €- | €- | ▼ -108 days |
| 2022 | 230 days | €476.61K | €2.07K/day | €- | €- | ▲ +196 days |
| 2021 | 34 days | €115.69K | €3.38K/day | €- | €- | ▼ -77 days |
| 2020 | 111 days | €115.87K | €1.04K/day | €- | €- | ▲ +91 days |
| 2019 | 20 days | €13.10K | €643.90/day | €- | €- | ▼ -10 days |
| 2018 | 30 days | €59.94K | €1.98K/day | €- | €- | ▼ -184 days |
| 2017 | 214 days | €288.35K | €1.35K/day | €- | €- | — |