ULTRA LITHIUM (QFB) — Defensive Interval Ratio

Latest as of October 2024: 8 days

ULTRA LITHIUM (QFB) has a Defensive Interval Ratio of 8 days as of October 2024. Defensive assets of €73.11K (cash €-, short-term investments €-, receivables €73.11K) cover 8 days of daily cash needs of €8.97K/day. Check tangible equity quality of ULTRA LITHIUM to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

8 days
Days of operational coverage

Defensive Assets

€73.11K
Cash + ST Investments + Receivables

Daily Cash Need

€8.97K
Current Liabilities ÷ 365

Current Liabilities

€3.27 Million
EUR

ULTRA LITHIUM Defensive Interval Ratio (2019–2024)

This chart shows how ULTRA LITHIUM's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of October 2024, the ratio stands at 8 days, meaning defensive assets of €73.11K can fund 8 days of operations without new revenue. Also explore ULTRA LITHIUM (QFB) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for ULTRA LITHIUM (2019–2024)

The table below presents the year-by-year Defensive Interval Ratio for ULTRA LITHIUM from 2019 to 2024, covering 6 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 QFB market cap.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 8 days €73.11K €8.97K/day €- €- ▼ -48 days
2023 56 days €423.10K €7.53K/day €- €- ▲ +38 days
2022 18 days €309.27K €16.81K/day €- €- ▲ +4 days
2021 14 days €5.53K €384.43/day €- €0.00 ▼ -148 days
2020 162 days €43.55K €268.88/day €- €41.89K ▲ +52 days
2019 110 days €24.48K €221.92/day €- €11.00K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)