Eneraqua Technologies PLC (ETP) — Defensive Interval Ratio

Latest as of July 2024: 293 days

Eneraqua Technologies PLC (ETP) has a Defensive Interval Ratio of 293 days as of July 2024. Defensive assets of GBX16.60 Million (cash GBX-, short-term investments GBX-, receivables GBX16.60 Million) cover 293 days of daily cash needs of GBX56.59K/day. Check ETP tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

293 days
Days of operational coverage

Defensive Assets

GBX16.60 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX56.59K
Current Liabilities ÷ 365

Current Liabilities

GBX20.65 Million
GBX

Eneraqua Technologies PLC Defensive Interval Ratio (2019–2024)

This chart shows how Eneraqua Technologies PLC's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of July 2024, the ratio stands at 293 days, meaning defensive assets of GBX16.60 Million can fund 293 days of operations without new revenue. Also explore ETP year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Eneraqua Technologies PLC (2019–2024)

The table below presents the year-by-year Defensive Interval Ratio for Eneraqua Technologies PLC from 2019 to 2024, covering 6 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 Eneraqua Technologies PLC (ETP) total market value.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2024 348 days GBX23.02 Million GBX66.18K/day GBX- GBX- ▼ -274 days
2023 621 days GBX29.23 Million GBX47.03K/day GBX- GBX- ▲ +228 days
2022 393 days GBX12.39 Million GBX31.53K/day GBX- GBX- ▲ +190 days
2021 203 days GBX2.85 Million GBX14.03K/day GBX- GBX- ▼ -1 days
2020 204 days GBX2.01 Million GBX9.83K/day GBX- GBX- ▼ -64 days
2019 269 days GBX1.33 Million GBX4.95K/day GBX- GBX-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)