West African Resources Limited (W25) — Defensive Interval Ratio

Latest as of June 2023: 188 days

West African Resources Limited (W25) has a Defensive Interval Ratio of 188 days as of June 2023. Defensive assets of €62.50 Million (cash €-, short-term investments €-, receivables €62.50 Million) cover 188 days of daily cash needs of €331.87K/day. Check W25 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

188 days
Days of operational coverage

Defensive Assets

€62.50 Million
Cash + ST Investments + Receivables

Daily Cash Need

€331.87K
Current Liabilities ÷ 365

Current Liabilities

€121.13 Million
EUR

West African Resources Limited Defensive Interval Ratio (2016–2022)

This chart shows how West African Resources Limited's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2022. As of June 2023, the ratio stands at 188 days, meaning defensive assets of €62.50 Million can fund 188 days of operations without new revenue. Also explore how fast is West African Resources Limited growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for West African Resources Limited (2016–2022)

The table below presents the year-by-year Defensive Interval Ratio for West African Resources Limited 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 W25 market cap.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 169 days €40.51 Million €239.94K/day €- €- ▲ +102 days
2021 67 days €36.25 Million €540.53K/day €- €39.00K ▲ +35 days
2020 32 days €19.73 Million €609.59K/day €- €39.00K ▲ +5 days
2019 27 days €1.18 Million €43.23K/day €- €38.00K ▲ +3 days
2018 24 days €647.00K €26.55K/day €- €- ▼ -38 days
2017 62 days €746.06K €12.05K/day €- €37.06K ▼ -6 days
2016 68 days €368.75K €5.40K/day €- €36.16K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)