Lightbridge Corporation (N7ON) — Defensive Interval Ratio

Latest as of September 2021: 36 days

Lightbridge Corporation (N7ON) has a Defensive Interval Ratio of 36 days as of September 2021. Defensive assets of €110.00K (cash €-, short-term investments €-, receivables €110.00K) cover 36 days of daily cash needs of €3.04K/day. See working capital position of Lightbridge Corporation to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

36 days
Days of operational coverage

Defensive Assets

€110.00K
Cash + ST Investments + Receivables

Daily Cash Need

€3.04K
Current Liabilities ÷ 365

Current Liabilities

€1.11 Million
EUR

Lightbridge Corporation Defensive Interval Ratio (2016–2019)

This chart shows how Lightbridge Corporation's Defensive Interval Ratio has evolved across 4 annual periods from 2016 to 2019. As of September 2021, the ratio stands at 36 days, meaning defensive assets of €110.00K can fund 36 days of operations without new revenue. See Lightbridge Corporation net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Lightbridge Corporation (2016–2019)

The table below presents the year-by-year Defensive Interval Ratio for Lightbridge Corporation from 2016 to 2019, covering 4 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 market cap of Lightbridge Corporation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2019 417 days €400.00K €959.72/day €- €- ▲ +345 days
2018 71 days €93.25K €1.30K/day €- €- ▲ +68 days
2017 3 days €10.40K €3.15K/day €- €- ▼ -113 days
2016 117 days €388.43K €3.33K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)