Latrobe Magnesium Limited (L2Q) — Defensive Interval Ratio

Latest as of June 2021: 163 days

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 working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

163 days
Days of operational coverage

Defensive Assets

€855.12K
Cash + ST Investments + Receivables

Daily Cash Need

€5.23K
Current Liabilities ÷ 365

Current Liabilities

€1.91 Million
EUR

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. See Latrobe Magnesium Limited net asset quality index to measure how much of total assets are equity-financed.

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 Latrobe Magnesium Limited stock valuation.

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 €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)