Malin Corporation plc (MLC) — Defensive Interval Ratio

Latest as of December 2023: 2336 days

Malin Corporation plc (MLC) has a Defensive Interval Ratio of 2336 days as of December 2023. Defensive assets of €6.40 Million (cash €-, short-term investments €6.40 Million, receivables €-) cover 2336 days of daily cash needs of €2.74K/day. Check Malin Corporation plc tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2336 days
Days of operational coverage

Defensive Assets

€6.40 Million
Cash + ST Investments + Receivables

Daily Cash Need

€2.74K
Current Liabilities ÷ 365

Current Liabilities

€1.00 Million
EUR

Malin Corporation plc Defensive Interval Ratio (2015–2023)

This chart shows how Malin Corporation plc's Defensive Interval Ratio has evolved across 8 annual periods from 2015 to 2023. As of December 2023, the ratio stands at 2336 days, meaning defensive assets of €6.40 Million can fund 2336 days of operations without new revenue. Also explore net asset momentum of Malin Corporation plc to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Malin Corporation plc (2015–2023)

The table below presents the year-by-year Defensive Interval Ratio for Malin Corporation plc from 2015 to 2023, covering 8 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 Malin Corporation plc (MLC) market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 2336 days €6.40 Million €2.74K/day €- €6.40 Million ▲ +1606 days
2021 730 days €5.20 Million €7.12K/day €- €- ▲ +621 days
2020 109 days €7.70 Million €70.96K/day €- €1.60 Million ▲ +38 days
2019 70 days €5.50 Million €78.36K/day €- €- ▼ -30 days
2018 100 days €9.20 Million €91.78K/day €- €900.00K ▼ -69 days
2017 169 days €10.30 Million €60.82K/day €- €- ▼ -112 days
2016 281 days €17.10 Million €60.82K/day €- €- ▲ +47 days
2015 234 days €14.60 Million €62.47K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)