MANUKA RESOURCES LTD (6M0A) — Defensive Interval Ratio

Latest as of June 2024: 1 days

MANUKA RESOURCES LTD (6M0A) has a Defensive Interval Ratio of 1 days as of June 2024. Defensive assets of €98.99K (cash €-, short-term investments €95.56K, receivables €3.43K) cover 1 days of daily cash needs of €98.33K/day. Check MANUKA RESOURCES LTD tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1 days
Days of operational coverage

Defensive Assets

€98.99K
Cash + ST Investments + Receivables

Daily Cash Need

€98.33K
Current Liabilities ÷ 365

Current Liabilities

€35.89 Million
EUR

MANUKA RESOURCES LTD Defensive Interval Ratio (2021–2024)

This chart shows how MANUKA RESOURCES LTD's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2024, the ratio stands at 1 days, meaning defensive assets of €98.99K can fund 1 days of operations without new revenue. Also explore MANUKA RESOURCES LTD net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for MANUKA RESOURCES LTD (2021–2024)

The table below presents the year-by-year Defensive Interval Ratio for MANUKA RESOURCES LTD from 2021 to 2024, covering 4 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 6M0A market cap.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 1 days €98.99K €98.33K/day €- €95.56K ▼ -1 days
2023 2 days €189.30K €91.57K/day €- €186.00K ▼ -2 days
2022 4 days €236.60K €55.10K/day €- €186.00K ▼ -11 days
2021 15 days €439.29K €28.83K/day €- €84.00K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)