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. See West African Resources Limited working capital to net assets to evaluate short-term liquidity relative to 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. See net asset quality index of West African Resources Limited to measure how much of total assets are equity-financed.

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 company net worth.

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)