Altech Chemicals Ltd (A3Y) — Defensive Interval Ratio
Altech Chemicals Ltd (A3Y) has a Defensive Interval Ratio of 1 days as of June 2024. Defensive assets of €10.77K (cash €-, short-term investments €-, receivables €10.77K) cover 1 days of daily cash needs of €16.16K/day. Check tangible net worth ratio of Altech Chemicals Ltd to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Altech Chemicals Ltd Defensive Interval Ratio (2023–2024)
This chart shows how Altech Chemicals Ltd's Defensive Interval Ratio has evolved across 2 annual periods from 2023 to 2024. As of June 2024, the ratio stands at 1 days, meaning defensive assets of €10.77K can fund 1 days of operations without new revenue. Also explore net asset growth rate of Altech Chemicals Ltd to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Altech Chemicals Ltd (2023–2024)
The table below presents the year-by-year Defensive Interval Ratio for Altech Chemicals Ltd from 2023 to 2024, 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 Altech Chemicals Ltd (A3Y) total market value.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 1 days | €10.77K | €16.16K/day | €- | €- | ▼ -9 days |
| 2023 | 10 days | €180.33K | €18.04K/day | €- | €- | — |