SHEARWATER GRP PLC LS-10 (DTW1) — Defensive Interval Ratio

Latest as of September 2024: 99 days

SHEARWATER GRP PLC LS-10 (DTW1) has a Defensive Interval Ratio of 99 days as of September 2024. Defensive assets of €2.00 Million (cash €-, short-term investments €-, receivables €2.00 Million) cover 99 days of daily cash needs of €20.27K/day. Check tangible net worth ratio of SHEARWATER GRP PLC LS-10 to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

99 days
Days of operational coverage

Defensive Assets

€2.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

€20.27K
Current Liabilities ÷ 365

Current Liabilities

€7.40 Million
EUR

SHEARWATER GRP PLC LS-10 Defensive Interval Ratio (2021–2024)

This chart shows how SHEARWATER GRP PLC LS-10's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of September 2024, the ratio stands at 99 days, meaning defensive assets of €2.00 Million can fund 99 days of operations without new revenue. Also explore how fast is SHEARWATER GRP PLC LS-10 growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for SHEARWATER GRP PLC LS-10 (2021–2024)

The table below presents the year-by-year Defensive Interval Ratio for SHEARWATER GRP PLC LS-10 from 2021 to 2024, covering 4 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 SHEARWATER GRP PLC LS-10 worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 259 days €8.95 Million €34.53K/day €- €- ▲ +38 days
2023 221 days €7.47 Million €33.83K/day €- €- ▲ +107 days
2022 114 days €4.54 Million €39.78K/day €- €- ▼ -153 days
2021 267 days €8.96 Million €33.53K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)