SolGold Plc (S8F) — Defensive Interval Ratio

Latest as of June 2023: 234 days

SolGold Plc (S8F) has a Defensive Interval Ratio of 234 days as of June 2023. Defensive assets of €8.82 Million (cash €-, short-term investments €-, receivables €8.82 Million) cover 234 days of daily cash needs of €37.77K/day. Check tangible net worth ratio of SolGold Plc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

234 days
Days of operational coverage

Defensive Assets

€8.82 Million
Cash + ST Investments + Receivables

Daily Cash Need

€37.77K
Current Liabilities ÷ 365

Current Liabilities

€13.78 Million
EUR

SolGold Plc Defensive Interval Ratio (2017–2023)

This chart shows how SolGold Plc's Defensive Interval Ratio has evolved across 7 annual periods from 2017 to 2023. As of June 2023, the ratio stands at 234 days, meaning defensive assets of €8.82 Million can fund 234 days of operations without new revenue. Also explore SolGold Plc (S8F) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for SolGold Plc (2017–2023)

The table below presents the year-by-year Defensive Interval Ratio for SolGold Plc from 2017 to 2023, 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 SolGold Plc.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 234 days €8.82 Million €37.77K/day €- €- ▼ -186 days
2022 419 days €7.95 Million €18.97K/day €- €- ▲ +116 days
2021 304 days €6.81 Million €22.42K/day €- €- ▲ +268 days
2020 36 days €2.11 Million €59.24K/day €- €- ▼ -106 days
2019 142 days €2.53 Million €17.85K/day €- €- ▼ -9 days
2018 151 days €2.90 Million €19.13K/day €- €- ▲ +7 days
2017 145 days €1.09 Million €7.51K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)