Latrobe Magnesium Limited (L2Q) — Defensive Interval Ratio
Latrobe Magnesium Limited (L2Q) has a Defensive Interval Ratio of 163 days as of June 2021. Defensive assets of €855.12K (cash €-, short-term investments €-, receivables €855.12K) cover 163 days of daily cash needs of €5.23K/day. Check L2Q goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Latrobe Magnesium Limited Defensive Interval Ratio (2014–2021)
This chart shows how Latrobe Magnesium Limited's Defensive Interval Ratio has evolved across 8 annual periods from 2014 to 2021. As of June 2021, the ratio stands at 163 days, meaning defensive assets of €855.12K can fund 163 days of operations without new revenue. Also explore L2Q shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Latrobe Magnesium Limited (2014–2021)
The table below presents the year-by-year Defensive Interval Ratio for Latrobe Magnesium Limited from 2014 to 2021, covering 8 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 L2Q market cap.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2021 | 163 days | €855.12K | €5.23K/day | €- | €- | ▼ -624 days |
| 2020 | 787 days | €8.84 Million | €11.23K/day | €- | €- | ▲ +677 days |
| 2019 | 110 days | €825.26K | €7.52K/day | €- | €- | ▼ -156 days |
| 2018 | 266 days | €1.07 Million | €4.02K/day | €- | €- | ▼ -222 days |
| 2017 | 488 days | €1.07 Million | €2.19K/day | €- | €- | ▲ +93 days |
| 2016 | 395 days | €654.65K | €1.66K/day | €- | €- | ▼ -321 days |
| 2015 | 715 days | €516.51K | €722.13/day | €- | €- | ▲ +346 days |
| 2014 | 369 days | €479.41K | €1.30K/day | €- | €- | — |