IRWIN NATURALS INC. (97X) — Defensive Interval Ratio

Latest as of December 2022: 203 days

IRWIN NATURALS INC. (97X) has a Defensive Interval Ratio of 203 days as of December 2022. Defensive assets of €21.31 Million (cash €-, short-term investments €-, receivables €21.31 Million) cover 203 days of daily cash needs of €105.02K/day. See IRWIN NATURALS INC. working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

203 days
Days of operational coverage

Defensive Assets

€21.31 Million
Cash + ST Investments + Receivables

Daily Cash Need

€105.02K
Current Liabilities ÷ 365

Current Liabilities

€38.33 Million
EUR

IRWIN NATURALS INC. Defensive Interval Ratio (2021–2022)

This chart shows how IRWIN NATURALS INC.'s Defensive Interval Ratio has evolved across 2 annual periods from 2021 to 2022. As of December 2022, the ratio stands at 203 days, meaning defensive assets of €21.31 Million can fund 203 days of operations without new revenue. See IRWIN NATURALS INC. balance sheet independence to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for IRWIN NATURALS INC. (2021–2022)

The table below presents the year-by-year Defensive Interval Ratio for IRWIN NATURALS INC. from 2021 to 2022, covering 2 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 97X market cap.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 203 days €21.31 Million €105.02K/day €- €- ▼ -73 days
2021 276 days €16.39 Million €59.36K/day €- €1.00K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)