Pan African Resources PLC (PAN) — Defensive Interval Ratio

Latest as of December 2025: 38 days

Pan African Resources PLC (PAN) has a Defensive Interval Ratio of 38 days as of December 2025. Defensive assets of ZAC15.89 Million (cash ZAC-, short-term investments ZAC-, receivables ZAC15.89 Million) cover 38 days of daily cash needs of ZAC421.59K/day. Check tangible net worth ratio of Pan African Resources PLC to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

38 days
Days of operational coverage

Defensive Assets

ZAC15.89 Million
Cash + ST Investments + Receivables

Daily Cash Need

ZAC421.59K
Current Liabilities ÷ 365

Current Liabilities

ZAC153.88 Million
ZAC

Pan African Resources PLC Defensive Interval Ratio (2014–2025)

This chart shows how Pan African Resources PLC's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of December 2025, the ratio stands at 38 days, meaning defensive assets of ZAC15.89 Million can fund 38 days of operations without new revenue. Also explore Pan African Resources PLC (PAN) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Pan African Resources PLC (2014–2025)

The table below presents the year-by-year Defensive Interval Ratio for Pan African Resources PLC from 2014 to 2025, covering 12 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 market cap of Pan African Resources PLC.

Year DIR (days) Defensive Assets (ZAC) Daily Cash Need Cash ST Investments Change (days)
2025 0 days ZAC0.00 ZAC481.84K/day ZAC- ZAC- ▼ -2 days
2024 2 days ZAC328.00K ZAC212.42K/day ZAC- ZAC- ▲ +0 days
2023 1 days ZAC226.00K ZAC212.02K/day ZAC- ZAC- ▼ -49 days
2022 50 days ZAC8.02 Million ZAC161.61K/day ZAC- ZAC- ▼ -1 days
2021 51 days ZAC14.76 Million ZAC290.35K/day ZAC- ZAC- ▲ +35 days
2020 16 days ZAC3.43 Million ZAC215.68K/day ZAC- ZAC- ▼ -92 days
2019 108 days ZAC18.91 Million ZAC174.94K/day ZAC- ZAC- ▼ -71 days
2018 179 days ZAC21.74 Million ZAC121.63K/day ZAC- ZAC- ▲ +8 days
2017 171 days ZAC14.81 Million ZAC86.61K/day ZAC- ZAC- ▲ +56 days
2016 115 days ZAC13.60 Million ZAC117.80K/day ZAC- ZAC- ▼ -54 days
2015 170 days ZAC10.39 Million ZAC61.23K/day ZAC- ZAC- ▼ -21 days
2014 191 days ZAC12.55 Million ZAC65.79K/day ZAC- ZAC- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)