Develop North PLC (DVNO) — Defensive Interval Ratio
Develop North PLC (DVNO) has a Defensive Interval Ratio of 8125 days as of May 2024. Defensive assets of GBX3.07 Million (cash GBX-, short-term investments GBX3.06 Million, receivables GBX16.00K) cover 8125 days of daily cash needs of GBX378.08/day. See Develop North PLC (DVNO) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Develop North PLC Defensive Interval Ratio (2017–2021)
This chart shows how Develop North PLC's Defensive Interval Ratio has evolved across 5 annual periods from 2017 to 2021. As of May 2024, the ratio stands at 8125 days, meaning defensive assets of GBX3.07 Million can fund 8125 days of operations without new revenue. See Develop North PLC net asset quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Develop North PLC (2017–2021)
The table below presents the year-by-year Defensive Interval Ratio for Develop North PLC from 2017 to 2021, covering 5 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 Develop North PLC market cap and net worth.
| Year | DIR (days) | Defensive Assets (GBX) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2021 | 28546 days | GBX10.56 Million | GBX369.86/day | GBX- | GBX- | ▲ +11700 days |
| 2020 | 16846 days | GBX6.05 Million | GBX358.90/day | GBX- | GBX- | ▼ -5464 days |
| 2019 | 22310 days | GBX5.99 Million | GBX268.49/day | GBX- | GBX5.41 Million | ▲ +21474 days |
| 2018 | 836 days | GBX465.00K | GBX556.16/day | GBX- | GBX- | ▼ -430 days |
| 2017 | 1267 days | GBX288.00K | GBX227.40/day | GBX- | GBX- | — |