Great Western Mining Corp Plc (8GW) — Defensive Interval Ratio

Latest as of June 2023: 200 days

Great Western Mining Corp Plc (8GW) has a Defensive Interval Ratio of 200 days as of June 2023. Defensive assets of €144.96K (cash €-, short-term investments €-, receivables €144.96K) cover 200 days of daily cash needs of €723.36/day. See Great Western Mining Corp Plc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

200 days
Days of operational coverage

Defensive Assets

€144.96K
Cash + ST Investments + Receivables

Daily Cash Need

€723.36
Current Liabilities ÷ 365

Current Liabilities

€264.03K
EUR

Great Western Mining Corp Plc Defensive Interval Ratio (2015–2021)

This chart shows how Great Western Mining Corp Plc's Defensive Interval Ratio has evolved across 7 annual periods from 2015 to 2021. As of June 2023, the ratio stands at 200 days, meaning defensive assets of €144.96K can fund 200 days of operations without new revenue. See debt-free asset ratio of Great Western Mining Corp Plc to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Great Western Mining Corp Plc (2015–2021)

The table below presents the year-by-year Defensive Interval Ratio for Great Western Mining Corp Plc from 2015 to 2021, 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 Great Western Mining Corp Plc (8GW) market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2021 111 days €110.94K €1.00K/day €- €- ▲ +59 days
2020 52 days €61.40K €1.19K/day €- €- ▼ -3 days
2019 55 days €52.62K €960.09/day €- €- ▼ -25 days
2018 80 days €69.25K €870.27/day €- €- ▼ -241 days
2017 320 days €58.66K €183.21/day €- €- ▲ +199 days
2016 121 days €24.08K €198.45/day €- €- ▼ -157 days
2015 278 days €71.90K €258.40/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)