Citigold Corporation Limited (CHP) — Defensive Interval Ratio

Latest as of December 2022: 65 days

Citigold Corporation Limited (CHP) has a Defensive Interval Ratio of 65 days as of December 2022. Defensive assets of €391.00K (cash €-, short-term investments €-, receivables €391.00K) cover 65 days of daily cash needs of €6.01K/day.

Defensive Interval Ratio

65 days
Days of operational coverage

Defensive Assets

€391.00K
Cash + ST Investments + Receivables

Daily Cash Need

€6.01K
Current Liabilities ÷ 365

Current Liabilities

€2.19 Million
EUR

Citigold Corporation Limited Defensive Interval Ratio (2014–2020)

This chart shows how Citigold Corporation Limited's Defensive Interval Ratio has evolved across 7 annual periods from 2014 to 2020. As of December 2022, the ratio stands at 65 days, meaning defensive assets of €391.00K can fund 65 days of operations without new revenue. For the complete balance sheet picture, see how large is Citigold Corporation Limited's balance sheet.

Annual Defensive Interval Ratio for Citigold Corporation Limited (2014–2020)

The table below presents the year-by-year Defensive Interval Ratio for Citigold Corporation Limited from 2014 to 2020, covering 7 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 Citigold Corporation Limited 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)
2020 14 days €100.00K €6.98K/day €- €- ▲ +13 days
2019 1 days €14.50K €12.07K/day €- €- ▼ -16 days
2018 17 days €300.42K €17.31K/day €- €- ▲ +13 days
2017 4 days €283.72K €68.66K/day €- €- ▲ +0 days
2016 4 days €203.69K €53.29K/day €- €- ▲ +3 days
2015 1 days €32.95K €42.33K/day €- €- ▼ -34 days
2014 35 days €994.50K €28.48K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)