ARC MINERALS LTD (DFYA) — Defensive Interval Ratio

Latest as of December 2023: 11 days

ARC MINERALS LTD (DFYA) has a Defensive Interval Ratio of 11 days as of December 2023. Defensive assets of €68.00K (cash €-, short-term investments €68.00K, receivables €-) cover 11 days of daily cash needs of €6.15K/day.

Defensive Interval Ratio

11 days
Days of operational coverage

Defensive Assets

€68.00K
Cash + ST Investments + Receivables

Daily Cash Need

€6.15K
Current Liabilities ÷ 365

Current Liabilities

€2.24 Million
EUR

ARC MINERALS LTD Defensive Interval Ratio (2021–2023)

This chart shows how ARC MINERALS LTD's Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of December 2023, the ratio stands at 11 days, meaning defensive assets of €68.00K can fund 11 days of operations without new revenue. For the complete balance sheet picture, see ARC MINERALS LTD total assets.

Annual Defensive Interval Ratio for ARC MINERALS LTD (2021–2023)

The table below presents the year-by-year Defensive Interval Ratio for ARC MINERALS LTD 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 ARC MINERALS LTD (DFYA) liquidity to equity ratio 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 11 days €68.00K €6.15K/day €- €68.00K ▼ -221 days
2022 232 days €1.74 Million €7.49K/day €- €1.74 Million ▲ +112 days
2021 120 days €439.00K €3.67K/day €- €439.00K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)