Zanaga Iron Ore Company Limited (6ZA) — Defensive Interval Ratio

Latest as of June 2023: 10 days

Zanaga Iron Ore Company Limited (6ZA) has a Defensive Interval Ratio of 10 days as of June 2023. Defensive assets of €44.00K (cash €-, short-term investments €-, receivables €44.00K) cover 10 days of daily cash needs of €4.53K/day. For the complete balance sheet picture, see 6ZA total assets.

Defensive Interval Ratio

10 days
Days of operational coverage

Defensive Assets

€44.00K
Cash + ST Investments + Receivables

Daily Cash Need

€4.53K
Current Liabilities ÷ 365

Current Liabilities

€1.66 Million
EUR

Zanaga Iron Ore Company Limited Defensive Interval Ratio (2014–2021)

This chart shows how Zanaga Iron Ore Company Limited's Defensive Interval Ratio has evolved across 8 annual periods from 2014 to 2021. As of June 2023, the ratio stands at 10 days, meaning defensive assets of €44.00K can fund 10 days of operations without new revenue. Read 6ZA total debt and obligations for a breakdown of total debt and financial obligations.

Annual Defensive Interval Ratio for Zanaga Iron Ore Company Limited (2014–2021)

The table below presents the year-by-year Defensive Interval Ratio for Zanaga Iron Ore Company Limited from 2014 to 2021, covering 8 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2021 81 days €34.00K €419.18/day €- €- ▲ +14 days
2020 67 days €34.00K €504.11/day €- €- ▼ -1 days
2019 69 days €33.00K €479.45/day €- €- ▼ -296 days
2018 365 days €75.00K €205.48/day €- €- ▲ +200 days
2017 165 days €34.00K €205.48/day €- €- ▲ +52 days
2016 113 days €35.00K €309.59/day €- €- ▼ -737 days
2015 850 days €340.00K €400.00/day €- €- ▲ +810 days
2014 40 days €38.00K €956.16/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)