RENFORTH RESS. INC. NEW (9RR) — Defensive Interval Ratio
RENFORTH RESS. INC. NEW (9RR) has a Defensive Interval Ratio of 0 days as of December 2023. Defensive assets of €0.00 (cash €-, short-term investments €0.00, receivables €-) cover 0 days of daily cash needs of €1.60K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
RENFORTH RESS. INC. NEW Defensive Interval Ratio (2021–2023)
This chart shows how RENFORTH RESS. INC. NEW's Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of December 2023, the ratio stands at 0 days, meaning defensive assets of €0.00 can fund 0 days of operations without new revenue. For the complete balance sheet picture, see 9RR total asset value.
Annual Defensive Interval Ratio for RENFORTH RESS. INC. NEW (2021–2023)
The table below presents the year-by-year Defensive Interval Ratio for RENFORTH RESS. INC. NEW from 2021 to 2023, covering 3 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital position of RENFORTH RESS. INC. NEW to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 0 days | €0.00 | €1.60K/day | €- | €0.00 | ▼ -812 days |
| 2022 | 812 days | €1.70 Million | €2.09K/day | €- | €1.70 Million | ▼ -567 days |
| 2021 | 1379 days | €2.86 Million | €2.08K/day | €- | €2.86 Million | — |