Greencoat Renewables PLC (GRP) — Defensive Interval Ratio
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. See GRP working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. See Greencoat Renewables PLC (GRP) balance sheet quality index to measure how much of total assets are equity-financed.
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 market cap and net worth.
| 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 | €- | €- | — |