Seanergy Maritime Holdings Corp (RHSR) — Defensive Interval Ratio

Latest as of December 2022: 3 days

Seanergy Maritime Holdings Corp (RHSR) has a Defensive Interval Ratio of 3 days as of December 2022. Defensive assets of €720.00K (cash €-, short-term investments €0.00, receivables €720.00K) cover 3 days of daily cash needs of €259.32K/day. See working capital to net assets of Seanergy Maritime Holdings Corp to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

3 days
Days of operational coverage

Defensive Assets

€720.00K
Cash + ST Investments + Receivables

Daily Cash Need

€259.32K
Current Liabilities ÷ 365

Current Liabilities

€94.65 Million
EUR

Seanergy Maritime Holdings Corp Defensive Interval Ratio (2016–2022)

This chart shows how Seanergy Maritime Holdings Corp's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2022. As of December 2022, the ratio stands at 3 days, meaning defensive assets of €720.00K can fund 3 days of operations without new revenue. See Seanergy Maritime Holdings Corp balance sheet quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Seanergy Maritime Holdings Corp (2016–2022)

The table below presents the year-by-year Defensive Interval Ratio for Seanergy Maritime Holdings Corp from 2016 to 2022, covering 7 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 Seanergy Maritime Holdings Corp.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 3 days €720.00K €259.32K/day €- €0.00 ▼ -3 days
2021 6 days €1.50 Million €241.19K/day €- €1.50 Million ▼ -22 days
2020 28 days €2.40 Million €84.28K/day €- €1.60 Million ▲ +26 days
2019 3 days €1.76 Million €650.08K/day €- €- ▼ -24 days
2018 27 days €2.65 Million €99.35K/day €- €- ▼ -12 days
2017 38 days €3.63 Million €94.41K/day €- €- ▼ -9 days
2016 48 days €2.78 Million €58.16K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)