DigitalX Limited (VSL) — Defensive Interval Ratio

Latest as of June 2024: 1161 days

DigitalX Limited (VSL) has a Defensive Interval Ratio of 1161 days as of June 2024. Defensive assets of €49.67 Million (cash €-, short-term investments €49.37 Million, receivables €300.01K) cover 1161 days of daily cash needs of €42.77K/day. Check DigitalX Limited (VSL) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1161 days
Days of operational coverage

Defensive Assets

€49.67 Million
Cash + ST Investments + Receivables

Daily Cash Need

€42.77K
Current Liabilities ÷ 365

Current Liabilities

€15.61 Million
EUR

DigitalX Limited Defensive Interval Ratio (2015–2024)

This chart shows how DigitalX Limited's Defensive Interval Ratio has evolved across 10 annual periods from 2015 to 2024. As of June 2024, the ratio stands at 1161 days, meaning defensive assets of €49.67 Million can fund 1161 days of operations without new revenue. Also explore net asset growth rate of DigitalX Limited to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for DigitalX Limited (2015–2024)

The table below presents the year-by-year Defensive Interval Ratio for DigitalX Limited from 2015 to 2024, 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 how much is DigitalX Limited worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 1161 days €49.67 Million €42.77K/day €- €49.37 Million ▼ -7563 days
2023 8724 days €27.91 Million €3.20K/day €- €27.67 Million ▲ +3842 days
2022 4882 days €23.76 Million €4.87K/day €- €23.57 Million ▲ +1589 days
2021 3293 days €32.56 Million €9.89K/day €- €32.48 Million ▼ -679 days
2020 3972 days €6.95 Million €1.75K/day €- €6.88 Million ▲ +903 days
2019 3069 days €10.24 Million €3.34K/day €- €10.15 Million ▼ -74 days
2018 3143 days €7.37 Million €2.35K/day €- €6.09 Million ▲ +3107 days
2017 36 days €89.32K €2.46K/day €- €0.00 ▼ -420 days
2016 456 days €1.49 Million €3.26K/day €- €0.00 ▼ -214 days
2015 671 days €1.26 Million €1.88K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)