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.

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. For the complete balance sheet picture, see SHEARWATER GRP PLC LS-10 total assets.

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. See SHEARWATER GRP PLC LS-10 short-term liquidity 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)
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)