Clean Seas Seafood Limited (C7S) — Defensive Interval Ratio

Latest as of June 2024: 72 days

Clean Seas Seafood Limited (C7S) has a Defensive Interval Ratio of 72 days as of June 2024. Defensive assets of €3.27 Million (cash €-, short-term investments €-, receivables €3.27 Million) cover 72 days of daily cash needs of €45.64K/day.

Defensive Interval Ratio

72 days
Days of operational coverage

Defensive Assets

€3.27 Million
Cash + ST Investments + Receivables

Daily Cash Need

€45.64K
Current Liabilities ÷ 365

Current Liabilities

€16.66 Million
EUR

Clean Seas Seafood Limited Defensive Interval Ratio (2014–2024)

This chart shows how Clean Seas Seafood Limited's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of June 2024, the ratio stands at 72 days, meaning defensive assets of €3.27 Million can fund 72 days of operations without new revenue. For the complete balance sheet picture, see total assets of Clean Seas Seafood Limited.

Annual Defensive Interval Ratio for Clean Seas Seafood Limited (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Clean Seas Seafood Limited from 2014 to 2024, covering 11 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 Clean Seas Seafood Limited working capital to net assets 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)
2024 72 days €3.27 Million €45.64K/day €- €- ▼ -29 days
2023 100 days €4.61 Million €45.92K/day €- €- ▼ -15 days
2022 115 days €4.84 Million €41.98K/day €- €- ▲ +14 days
2021 101 days €6.15 Million €60.78K/day €- €- ▲ +46 days
2020 55 days €2.80 Million €50.75K/day €- €- ▼ -70 days
2019 125 days €5.76 Million €46.08K/day €- €- ▼ -109 days
2018 235 days €5.13 Million €21.88K/day €- €- ▼ -38 days
2017 272 days €3.83 Million €14.08K/day €- €- ▲ +86 days
2016 186 days €3.43 Million €18.38K/day €- €- ▼ -720 days
2015 906 days €6.24 Million €6.88K/day €- €- ▲ +43 days
2014 863 days €5.05 Million €5.85K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)