Drax Group PLC (DRX) — Defensive Interval Ratio
Drax Group PLC (DRX) has a Defensive Interval Ratio of 67 days as of June 2025. Defensive assets of GBX344.30 Million (cash GBX-, short-term investments GBX-, receivables GBX344.30 Million) cover 67 days of daily cash needs of GBX5.13 Million/day. Check tangible net worth ratio of Drax Group PLC to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Drax Group PLC Defensive Interval Ratio (2002–2024)
This chart shows how Drax Group PLC's Defensive Interval Ratio has evolved across 23 annual periods from 2002 to 2024. As of June 2025, the ratio stands at 67 days, meaning defensive assets of GBX344.30 Million can fund 67 days of operations without new revenue. Also explore Drax Group PLC annual equity growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Drax Group PLC (2002–2024)
The table below presents the year-by-year Defensive Interval Ratio for Drax Group PLC from 2002 to 2024, covering 23 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 DRX market cap overview.
| Year | DIR (days) | Defensive Assets (GBX) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 106 days | GBX445.40 Million | GBX4.21 Million/day | GBX- | GBX- | ▼ -5 days |
| 2023 | 111 days | GBX633.70 Million | GBX5.72 Million/day | GBX- | GBX293.60 Million | ▲ +128 days |
| 2022 | -18 days | GBX-125.10 Million | GBX7.14 Million/day | GBX- | GBX-421.70 Million | ▲ +9 days |
| 2021 | -27 days | GBX-164.00 Million | GBX6.12 Million/day | GBX- | GBX-357.50 Million | ▼ -121 days |
| 2020 | 94 days | GBX338.00 Million | GBX3.58 Million/day | GBX- | GBX-103.80 Million | ▲ +97 days |
| 2019 | -3 days | GBX-11.20 Million | GBX3.56 Million/day | GBX- | GBX-152.30 Million | ▲ +76 days |
| 2018 | -79 days | GBX-374.40 Million | GBX4.72 Million/day | GBX- | GBX-546.70 Million | ▼ -209 days |
| 2017 | 129 days | GBX306.50 Million | GBX2.37 Million/day | GBX- | GBX175.50 Million | ▼ -158 days |
| 2016 | 288 days | GBX697.90 Million | GBX2.42 Million/day | GBX- | GBX405.00 Million | ▼ -24 days |
| 2015 | 311 days | GBX650.70 Million | GBX2.09 Million/day | GBX- | GBX330.80 Million | ▲ +63 days |
| 2014 | 248 days | GBX408.80 Million | GBX1.65 Million/day | GBX- | GBX40.10 Million | ▲ +46 days |
| 2013 | 202 days | GBX266.20 Million | GBX1.32 Million/day | GBX- | GBX20.00 Million | ▲ +22 days |
| 2012 | 181 days | GBX193.60 Million | GBX1.07 Million/day | GBX- | GBX30.00 Million | ▼ -27 days |
| 2011 | 207 days | GBX243.70 Million | GBX1.18 Million/day | GBX- | GBX30.00 Million | ▲ +60 days |
| 2010 | 147 days | GBX295.20 Million | GBX2.01 Million/day | GBX- | GBX95.00 Million | ▲ +10 days |
| 2009 | 137 days | GBX234.90 Million | GBX1.72 Million/day | GBX- | GBX55.00 Million | ▲ +137 days |
| 2008 | 0 days | GBX0.00 | GBX1.91 Million/day | GBX- | GBX286.50 Million | ▲ +0 days |
| 2007 | 0 days | GBX0.00 | GBX876.71K/day | GBX- | GBX15.00 Million | ▲ +0 days |
| 2006 | 0 days | GBX0.00 | GBX703.01K/day | GBX- | GBX257.20 Million | ▼ -155 days |
| 2005 | 155 days | GBX192.90 Million | GBX1.25 Million/day | GBX- | GBX7.70 Million | ▲ +19 days |
| 2004 | 135 days | GBX101.66 Million | GBX750.96K/day | GBX- | GBX38.17 Million | ▼ -499 days |
| 2003 | 634 days | GBX109.80 Million | GBX173.15K/day | GBX- | GBX55.15 Million | ▲ +599 days |
| 2002 | 35 days | GBX121.50 Million | GBX3.43 Million/day | GBX- | GBX- | — |