XTL Biopharmaceuticals Ltd (H2K2) — Defensive Interval Ratio

Latest as of December 2024: 144 days

XTL Biopharmaceuticals Ltd (H2K2) has a Defensive Interval Ratio of 144 days as of December 2024. Defensive assets of €871.00K (cash €-, short-term investments €772.00K, receivables €99.00K) cover 144 days of daily cash needs of €6.05K/day. Check H2K2 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

144 days
Days of operational coverage

Defensive Assets

€871.00K
Cash + ST Investments + Receivables

Daily Cash Need

€6.05K
Current Liabilities ÷ 365

Current Liabilities

€2.21 Million
EUR

XTL Biopharmaceuticals Ltd Defensive Interval Ratio (2016–2024)

This chart shows how XTL Biopharmaceuticals Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of December 2024, the ratio stands at 144 days, meaning defensive assets of €871.00K can fund 144 days of operations without new revenue. Also explore H2K2 year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for XTL Biopharmaceuticals Ltd (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for XTL Biopharmaceuticals Ltd from 2016 to 2024, covering 9 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 XTL Biopharmaceuticals Ltd stock valuation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 144 days €871.00K €6.05K/day €- €772.00K ▼ -928 days
2023 1072 days €605.00K €564.38/day €- €605.00K ▼ -2104 days
2022 3176 days €1.63 Million €512.33/day €- €1.63 Million ▼ -1814 days
2021 4990 days €3.16 Million €632.88/day €- €3.16 Million ▲ +1525 days
2020 3465 days €2.41 Million €695.89/day €- €2.41 Million ▼ -111 days
2019 3576 days €2.27 Million €635.62/day €- €2.27 Million ▼ -3446 days
2018 7022 days €4.87 Million €693.15/day €- €4.87 Million ▲ +3576 days
2017 3446 days €2.83 Million €821.92/day €- €2.81 Million ▲ +2776 days
2016 669 days €605.00K €904.11/day €- €414.00K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)