Prominence Energy Limited (RSX) — Defensive Interval Ratio

Latest as of June 2023: 2 days

Prominence Energy Limited (RSX) has a Defensive Interval Ratio of 2 days as of June 2023. Defensive assets of €3.44K (cash €-, short-term investments €-, receivables €3.44K) cover 2 days of daily cash needs of €1.68K/day.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

€3.44K
Cash + ST Investments + Receivables

Daily Cash Need

€1.68K
Current Liabilities ÷ 365

Current Liabilities

€612.94K
EUR

Prominence Energy Limited Defensive Interval Ratio (2014–2023)

This chart shows how Prominence Energy Limited's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2023. As of June 2023, the ratio stands at 2 days, meaning defensive assets of €3.44K can fund 2 days of operations without new revenue. For the complete balance sheet picture, see RSX total asset value.

Annual Defensive Interval Ratio for Prominence Energy Limited (2014–2023)

The table below presents the year-by-year Defensive Interval Ratio for Prominence Energy Limited from 2014 to 2023, covering 9 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Prominence Energy Limited working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 2 days €3.44K €1.68K/day €- €- ▼ -94 days
2022 96 days €222.55K €2.31K/day €- €- ▲ +93 days
2020 3 days €27.60K €9.43K/day €- €- ▼ -8 days
2019 11 days €49.56K €4.72K/day €- €- ▲ +1 days
2018 10 days €33.42K €3.45K/day €- €- ▲ +4 days
2017 6 days €33.12K €5.81K/day €- €- ▼ -68 days
2016 73 days €341.50K €4.65K/day €- €- ▲ +61 days
2015 12 days €139.10K €11.31K/day €- €- ▼ -89 days
2014 101 days €1.47 Million €14.60K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)