First Class Metals PLC (FCM) — Defensive Interval Ratio
First Class Metals PLC (FCM) has a Defensive Interval Ratio of 182 days as of June 2025. Defensive assets of GBX301.96K (cash GBX-, short-term investments GBX-, receivables GBX301.96K) cover 182 days of daily cash needs of GBX1.66K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
First Class Metals PLC Defensive Interval Ratio (2021–2024)
This chart shows how First Class Metals PLC's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2025, the ratio stands at 182 days, meaning defensive assets of GBX301.96K can fund 182 days of operations without new revenue. For the complete balance sheet picture, see FCM total asset value.
Annual Defensive Interval Ratio for First Class Metals PLC (2021–2024)
The table below presents the year-by-year Defensive Interval Ratio for First Class Metals PLC from 2021 to 2024, covering 4 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See FCM current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (GBX) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 26 days | GBX90.39K | GBX3.45K/day | GBX- | GBX- | ▼ -111 days |
| 2023 | 137 days | GBX257.56K | GBX1.88K/day | GBX- | GBX- | ▲ +37 days |
| 2022 | 100 days | GBX158.30K | GBX1.58K/day | GBX- | GBX- | ▲ +70 days |
| 2021 | 31 days | GBX8.92K | GBX292.01/day | GBX- | GBX- | — |