First Graphene Ltd (M11) — Defensive Interval Ratio

Latest as of June 2024: 7 days

First Graphene Ltd (M11) has a Defensive Interval Ratio of 7 days as of June 2024. Defensive assets of €63.45K (cash €-, short-term investments €-, receivables €63.45K) cover 7 days of daily cash needs of €8.79K/day. Check tangible equity quality of First Graphene Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

7 days
Days of operational coverage

Defensive Assets

€63.45K
Cash + ST Investments + Receivables

Daily Cash Need

€8.79K
Current Liabilities ÷ 365

Current Liabilities

€3.21 Million
EUR

First Graphene Ltd Defensive Interval Ratio (2017–2024)

This chart shows how First Graphene Ltd's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of June 2024, the ratio stands at 7 days, meaning defensive assets of €63.45K can fund 7 days of operations without new revenue. Also explore First Graphene Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for First Graphene Ltd (2017–2024)

The table below presents the year-by-year Defensive Interval Ratio for First Graphene Ltd from 2017 to 2024, 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 M11 market cap overview.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 7 days €63.45K €8.79K/day €- €- ▼ -19 days
2023 26 days €346.50K €13.33K/day €- €- ▲ +17 days
2022 9 days €167.74K €19.28K/day €- €- ▲ +4 days
2021 5 days €86.02K €18.55K/day €- €- ▼ -9 days
2020 14 days €65.57K €4.67K/day €- €- ▼ -51 days
2019 65 days €182.25K €2.79K/day €- €- ▲ +27 days
2018 38 days €219.43K €5.81K/day €- €- ▲ +22 days
2017 16 days €43.76K €2.81K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)