RENFORTH RESS. INC. NEW (9RR) — Defensive Interval Ratio

Latest as of December 2023: 0 days

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. Check 9RR tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

€0.00
Cash + ST Investments + Receivables

Daily Cash Need

€1.60K
Current Liabilities ÷ 365

Current Liabilities

€582.75K
EUR

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. Also explore net asset growth rate of RENFORTH RESS. INC. NEW to track the company's year-over-year net asset growth rate.

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. For live market cap and the full company financial profile, see how much is RENFORTH RESS. INC. NEW worth.

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
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)