Galan Lithium Limited (9CH) — Defensive Interval Ratio

Latest as of June 2023: 27 days

Galan Lithium Limited (9CH) has a Defensive Interval Ratio of 27 days as of June 2023. Defensive assets of €533.61K (cash €-, short-term investments €-, receivables €533.61K) cover 27 days of daily cash needs of €19.83K/day. Check 9CH tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

27 days
Days of operational coverage

Defensive Assets

€533.61K
Cash + ST Investments + Receivables

Daily Cash Need

€19.83K
Current Liabilities ÷ 365

Current Liabilities

€7.24 Million
EUR

Galan Lithium Limited Defensive Interval Ratio (2018–2023)

This chart shows how Galan Lithium Limited's Defensive Interval Ratio has evolved across 6 annual periods from 2018 to 2023. As of June 2023, the ratio stands at 27 days, meaning defensive assets of €533.61K can fund 27 days of operations without new revenue. Also explore how fast is Galan Lithium Limited growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Galan Lithium Limited (2018–2023)

The table below presents the year-by-year Defensive Interval Ratio for Galan Lithium Limited from 2018 to 2023, covering 6 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 market cap of Galan Lithium Limited.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 27 days €533.61K €19.83K/day €- €- ▲ +19 days
2022 8 days €59.24K €7.10K/day €- €- ▼ -9 days
2021 17 days €21.49K €1.27K/day €- €- ▲ +5 days
2020 12 days €15.34K €1.32K/day €- €- ▼ -1 days
2019 13 days €53.49K €4.21K/day €- €- ▼ -30 days
2018 43 days €42.51K €988.84/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)