Paragon Care Limited (PXS) — Defensive Interval Ratio

Latest as of June 2024: 154 days

Paragon Care Limited (PXS) has a Defensive Interval Ratio of 154 days as of June 2024. Defensive assets of €350.58 Million (cash €-, short-term investments €-, receivables €350.58 Million) cover 154 days of daily cash needs of €2.28 Million/day. Check Paragon Care Limited (PXS) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

154 days
Days of operational coverage

Defensive Assets

€350.58 Million
Cash + ST Investments + Receivables

Daily Cash Need

€2.28 Million
Current Liabilities ÷ 365

Current Liabilities

€832.03 Million
EUR

Paragon Care Limited Defensive Interval Ratio (2014–2024)

This chart shows how Paragon Care Limited's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of June 2024, the ratio stands at 154 days, meaning defensive assets of €350.58 Million can fund 154 days of operations without new revenue. Also explore how fast is Paragon Care Limited growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Paragon Care Limited (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Paragon Care Limited from 2014 to 2024, covering 11 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 value of Paragon Care Limited.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 147 days €282.00 Million €1.92 Million/day €- €- ▲ +4 days
2023 143 days €36.66 Million €256.30K/day €- €- ▲ +18 days
2022 125 days €30.48 Million €243.84K/day €- €- ▲ +7 days
2021 118 days €26.66 Million €225.23K/day €- €- ▼ -12 days
2020 130 days €30.31 Million €232.54K/day €- €- ▼ -120 days
2019 250 days €49.89 Million €199.65K/day €- €22.00K ▲ +39 days
2018 211 days €43.83 Million €207.47K/day €- €21.34K ▲ +47 days
2017 164 days €20.78 Million €126.80K/day €- €0.00 ▼ -28 days
2016 192 days €17.75 Million €92.44K/day €- €0.00 ▼ -6 days
2015 198 days €7.14 Million €36.04K/day €- €- ▼ -85 days
2014 283 days €4.06 Million €14.36K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)