KGL Resources Limited (KN6) — Defensive Interval Ratio

Latest as of June 2024: 18 days

KGL Resources Limited (KN6) has a Defensive Interval Ratio of 18 days as of June 2024. Defensive assets of €148.76K (cash €-, short-term investments €148.76K, receivables €-) cover 18 days of daily cash needs of €8.15K/day. Check KN6 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

18 days
Days of operational coverage

Defensive Assets

€148.76K
Cash + ST Investments + Receivables

Daily Cash Need

€8.15K
Current Liabilities ÷ 365

Current Liabilities

€2.97 Million
EUR

KGL Resources Limited Defensive Interval Ratio (2013–2023)

This chart shows how KGL Resources Limited's Defensive Interval Ratio has evolved across 11 annual periods from 2013 to 2023. As of June 2024, the ratio stands at 18 days, meaning defensive assets of €148.76K can fund 18 days of operations without new revenue. Also explore KN6 net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for KGL Resources Limited (2013–2023)

The table below presents the year-by-year Defensive Interval Ratio for KGL Resources Limited from 2013 to 2023, 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 market cap of KGL Resources Limited.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 18 days €148.76K €8.15K/day €- €148.76K ▼ -54 days
2022 72 days €350.21K €4.85K/day €- €148.76K ▲ +29 days
2021 43 days €379.19K €8.72K/day €- €148.76K ▼ -51 days
2020 94 days €133.48K €1.42K/day €- €110.16K ▼ -188 days
2019 283 days €648.31K €2.29K/day €- €476.64K ▼ -2140 days
2018 2423 days €10.46 Million €4.32K/day €- €10.17 Million ▼ -1008 days
2017 3430 days €8.57 Million €2.50K/day €- €8.47 Million ▲ +3348 days
2016 83 days €115.97K €1.40K/day €- €0.00 ▼ -656 days
2015 739 days €984.70K €1.33K/day €- €902.34K ▲ +571 days
2014 167 days €546.01K €3.26K/day €- €296.53K ▲ +81 days
2013 86 days €719.27K €8.34K/day €- €344.44K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)