Latrobe Magnesium Limited Defensive Interval Ratio
Latrobe Magnesium Limited 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. See Latrobe Magnesium Limited current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Latrobe Magnesium Limited (2014–2021)
Defensive interval ratio of Latrobe Magnesium Limited from 2014 to 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. Read Latrobe Magnesium Limited (L2Q) total liabilities for a breakdown of total debt and financial obligations.
Latrobe Magnesium Limited Defensive Interval Ratio by Year (2014–2021)
Latrobe Magnesium Limited defensive interval ratio by year from 2014 to 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 the complete balance sheet picture, see L2Q current and non-current assets.
| 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 | €- | €- | — |