Ovoca Gold PLC (OVXA) — Defensive Interval Ratio
Ovoca Gold PLC (OVXA) has a Defensive Interval Ratio of 94 days as of June 2023. Defensive assets of €211.00K (cash €-, short-term investments €-, receivables €211.00K) cover 94 days of daily cash needs of €2.25K/day. For the complete balance sheet picture, see Ovoca Gold PLC balance sheet assets.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Ovoca Gold PLC Defensive Interval Ratio (2015–2021)
This chart shows how Ovoca Gold PLC's Defensive Interval Ratio has evolved across 7 annual periods from 2015 to 2021. As of June 2023, the ratio stands at 94 days, meaning defensive assets of €211.00K can fund 94 days of operations without new revenue. Read Ovoca Gold PLC balance sheet liabilities for a breakdown of total debt and financial obligations.
Annual Defensive Interval Ratio for Ovoca Gold PLC (2015–2021)
The table below presents the year-by-year Defensive Interval Ratio for Ovoca Gold 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.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2021 | 91 days | €334.00K | €3.65K/day | €- | €- | ▲ +59 days |
| 2020 | 32 days | €43.00K | €1.33K/day | €- | €- | ▼ -114 days |
| 2019 | 146 days | €171.00K | €1.17K/day | €- | €- | ▲ +87 days |
| 2018 | 59 days | €191.00K | €3.22K/day | €- | €- | ▼ -218 days |
| 2017 | 278 days | €35.00K | €126.03/day | €- | €- | ▲ +221 days |
| 2016 | 57 days | €34.00K | €594.52/day | €- | €- | ▼ -947 days |
| 2015 | 1004 days | €740.00K | €736.99/day | €- | €- | — |