QMINES LTD (81V) — Defensive Interval Ratio

Latest as of June 2024: 2 days

QMINES LTD (81V) has a Defensive Interval Ratio of 2 days as of June 2024. Defensive assets of €15.45K (cash €-, short-term investments €15.45K, receivables €-) cover 2 days of daily cash needs of €9.34K/day. Check 81V goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

€15.45K
Cash + ST Investments + Receivables

Daily Cash Need

€9.34K
Current Liabilities ÷ 365

Current Liabilities

€3.41 Million
EUR

QMINES LTD Defensive Interval Ratio (2024–2024)

This chart shows how QMINES LTD's Defensive Interval Ratio has evolved across 1 annual periods from 2024 to 2024. As of June 2024, the ratio stands at 2 days, meaning defensive assets of €15.45K can fund 2 days of operations without new revenue. Also explore 81V year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for QMINES LTD (2024–2024)

The table below presents the year-by-year Defensive Interval Ratio for QMINES LTD from 2024 to 2024, covering 1 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 QMINES LTD market cap and net worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 2 days €15.45K €9.34K/day €- €15.45K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)