Meteoric Resources NL (RNF) — Defensive Interval Ratio

Latest as of June 2023: 274 days

Meteoric Resources NL (RNF) has a Defensive Interval Ratio of 274 days as of June 2023. Defensive assets of €344.33K (cash €-, short-term investments €-, receivables €344.33K) cover 274 days of daily cash needs of €1.26K/day. See RNF working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

274 days
Days of operational coverage

Defensive Assets

€344.33K
Cash + ST Investments + Receivables

Daily Cash Need

€1.26K
Current Liabilities ÷ 365

Current Liabilities

€459.44K
EUR

Meteoric Resources NL Defensive Interval Ratio (2014–2023)

This chart shows how Meteoric Resources NL's Defensive Interval Ratio has evolved across 10 annual periods from 2014 to 2023. As of June 2023, the ratio stands at 274 days, meaning defensive assets of €344.33K can fund 274 days of operations without new revenue. See RNF equity financing ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Meteoric Resources NL (2014–2023)

The table below presents the year-by-year Defensive Interval Ratio for Meteoric Resources NL from 2014 to 2023, covering 10 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 Meteoric Resources NL.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 274 days €344.33K €1.26K/day €- €- ▲ +230 days
2022 44 days €51.12K €1.17K/day €- €- ▼ -70 days
2021 114 days €164.24K €1.45K/day €- €- ▼ -10 days
2020 124 days €76.65K €618.58/day €- €- ▼ -4 days
2019 128 days €134.12K €1.05K/day €- €- ▲ +85 days
2018 43 days €28.34K €661.49/day €- €- ▲ +8 days
2017 35 days €19.29K €557.05/day €- €0.00 ▼ -28 days
2016 63 days €23.87K €378.96/day €- €0.00 ▼ -567 days
2015 630 days €308.93K €490.62/day €- €- ▲ +622 days
2014 8 days €1.32K €169.30/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)