KINGS ENTERTAINMENT GROUP (L12) — Defensive Interval Ratio

Latest as of December 2022: 130 days

KINGS ENTERTAINMENT GROUP (L12) has a Defensive Interval Ratio of 130 days as of December 2022. Defensive assets of €960.78K (cash €-, short-term investments €-, receivables €960.78K) cover 130 days of daily cash needs of €7.37K/day. Check KINGS ENTERTAINMENT GROUP tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

130 days
Days of operational coverage

Defensive Assets

€960.78K
Cash + ST Investments + Receivables

Daily Cash Need

€7.37K
Current Liabilities ÷ 365

Current Liabilities

€2.69 Million
EUR

KINGS ENTERTAINMENT GROUP Defensive Interval Ratio (2021–2022)

This chart shows how KINGS ENTERTAINMENT GROUP's Defensive Interval Ratio has evolved across 2 annual periods from 2021 to 2022. As of December 2022, the ratio stands at 130 days, meaning defensive assets of €960.78K can fund 130 days of operations without new revenue. Also explore net asset growth rate of KINGS ENTERTAINMENT GROUP to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for KINGS ENTERTAINMENT GROUP (2021–2022)

The table below presents the year-by-year Defensive Interval Ratio for KINGS ENTERTAINMENT GROUP from 2021 to 2022, covering 2 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 L12 stock market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 130 days €960.78K €7.37K/day €- €- ▲ +29 days
2021 101 days €804.95K €7.98K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)