Mount Gibson Iron Limited (FWQ) — Defensive Interval Ratio

Latest as of June 2024: 2577 days

Mount Gibson Iron Limited (FWQ) has a Defensive Interval Ratio of 2577 days as of June 2024. Defensive assets of €427.57 Million (cash €-, short-term investments €426.77 Million, receivables €794.00K) cover 2577 days of daily cash needs of €165.89K/day. Check FWQ tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2577 days
Days of operational coverage

Defensive Assets

€427.57 Million
Cash + ST Investments + Receivables

Daily Cash Need

€165.89K
Current Liabilities ÷ 365

Current Liabilities

€60.55 Million
EUR

Mount Gibson Iron Limited Defensive Interval Ratio (2014–2024)

This chart shows how Mount Gibson Iron Limited's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of June 2024, the ratio stands at 2577 days, meaning defensive assets of €427.57 Million can fund 2577 days of operations without new revenue. Also explore how fast is Mount Gibson Iron Limited growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Mount Gibson Iron Limited (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Mount Gibson Iron 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. For live market cap and the full company financial profile, see FWQ company net worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 2577 days €427.57 Million €165.89K/day €- €426.77 Million ▲ +2058 days
2023 519 days €107.90 Million €207.72K/day €- €107.38 Million ▲ +349 days
2022 170 days €49.80 Million €292.81K/day €- €47.99 Million ▼ -608 days
2021 778 days €262.09 Million €336.98K/day €- €256.30 Million ▼ -679 days
2020 1457 days €323.73 Million €222.20K/day €- €311.56 Million ▼ -391 days
2019 1848 days €370.32 Million €200.39K/day €- €335.68 Million ▲ +872 days
2018 976 days €139.83 Million €143.23K/day €- €131.99 Million ▼ -356 days
2017 1332 days €139.05 Million €104.37K/day €- €129.52 Million ▲ +1116 days
2016 217 days €25.18 Million €116.28K/day €- €19.77 Million ▼ -1210 days
2015 1427 days €258.35 Million €181.05K/day €- €243.00 Million ▲ +162 days
2014 1265 days €511.96 Million €404.84K/day €- €449.30 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)