First Graphene Ltd (M11) — Defensive Interval Ratio
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.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. For the complete balance sheet picture, see how large is First Graphene Ltd's balance sheet.
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. See M11 working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| 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 | €- | €- | — |