Chariot Oil & Gas Limited (CHAR) — Defensive Interval Ratio

Latest as of June 2024: 103 days

Chariot Oil & Gas Limited (CHAR) has a Defensive Interval Ratio of 103 days as of June 2024. Defensive assets of GBX2.22 Million (cash GBX-, short-term investments GBX-, receivables GBX2.22 Million) cover 103 days of daily cash needs of GBX21.61K/day. Check Chariot Oil & Gas Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

103 days
Days of operational coverage

Defensive Assets

GBX2.22 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX21.61K
Current Liabilities ÷ 365

Current Liabilities

GBX7.89 Million
GBX

Chariot Oil & Gas Limited Defensive Interval Ratio (2012–2023)

This chart shows how Chariot Oil & Gas Limited's Defensive Interval Ratio has evolved across 12 annual periods from 2012 to 2023. As of June 2024, the ratio stands at 103 days, meaning defensive assets of GBX2.22 Million can fund 103 days of operations without new revenue. Also explore CHAR net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Chariot Oil & Gas Limited (2012–2023)

The table below presents the year-by-year Defensive Interval Ratio for Chariot Oil & Gas Limited from 2012 to 2023, 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 Chariot Oil & Gas Limited (CHAR) market capitalisation.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2023 174 days GBX2.31 Million GBX13.31K/day GBX- GBX1.05 Million ▲ +90 days
2022 84 days GBX1.50 Million GBX17.96K/day GBX- GBX- ▼ -67 days
2021 151 days GBX6.52 Million GBX43.25K/day GBX- GBX- ▼ -51 days
2020 202 days GBX811.00K GBX4.02K/day GBX- GBX- ▲ +22 days
2019 180 days GBX1.43 Million GBX7.95K/day GBX- GBX- ▲ +138 days
2018 42 days GBX800.00K GBX19.26K/day GBX- GBX- ▼ -171 days
2017 213 days GBX1.33 Million GBX6.25K/day GBX- GBX- ▲ +75 days
2016 137 days GBX2.12 Million GBX15.46K/day GBX- GBX- ▼ -1687 days
2015 1825 days GBX11.03 Million GBX6.04K/day GBX- GBX- ▼ -477 days
2014 2302 days GBX13.45 Million GBX5.84K/day GBX- GBX- ▲ +1334 days
2013 968 days GBX15.96 Million GBX16.49K/day GBX- GBX- ▲ +759 days
2012 209 days GBX11.00 Million GBX52.62K/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)