Greencoat Renewables PLC (GRP) — Defensive Interval Ratio

Latest as of December 2022: 1 days

Greencoat Renewables PLC (GRP) has a Defensive Interval Ratio of 1 days as of December 2022. Defensive assets of €240.00K (cash €-, short-term investments €-, receivables €240.00K) cover 1 days of daily cash needs of €296.34K/day. Check GRP tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1 days
Days of operational coverage

Defensive Assets

€240.00K
Cash + ST Investments + Receivables

Daily Cash Need

€296.34K
Current Liabilities ÷ 365

Current Liabilities

€108.16 Million
EUR

Greencoat Renewables PLC Defensive Interval Ratio (2017–2022)

This chart shows how Greencoat Renewables PLC's Defensive Interval Ratio has evolved across 6 annual periods from 2017 to 2022. As of December 2022, the ratio stands at 1 days, meaning defensive assets of €240.00K can fund 1 days of operations without new revenue. Also explore net asset growth rate of Greencoat Renewables PLC to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Greencoat Renewables PLC (2017–2022)

The table below presents the year-by-year Defensive Interval Ratio for Greencoat Renewables PLC from 2017 to 2022, covering 6 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 Greencoat Renewables PLC (GRP) total market value.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 1 days €240.00K €296.34K/day €- €- ▼ -9 days
2021 10 days €177.00K €17.25K/day €- €- ▼ -262 days
2020 273 days €3.99 Million €14.64K/day €- €- ▲ +267 days
2019 5 days €3.14 Million €573.89K/day €- €- ▼ -88 days
2018 93 days €2.03 Million €21.74K/day €- €- ▼ -222 days
2017 315 days €1.13 Million €3.59K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)