Firering Strategic Minerals Plc (FRG) — Defensive Interval Ratio

Latest as of June 2025: 9 days

Firering Strategic Minerals Plc (FRG) has a Defensive Interval Ratio of 9 days as of June 2025. Defensive assets of GBX35.98K (cash GBX-, short-term investments GBX-, receivables GBX35.98K) cover 9 days of daily cash needs of GBX3.96K/day. Check how tangible is Firering Strategic Minerals Plc's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

9 days
Days of operational coverage

Defensive Assets

GBX35.98K
Cash + ST Investments + Receivables

Daily Cash Need

GBX3.96K
Current Liabilities ÷ 365

Current Liabilities

GBX1.44 Million
GBX

Firering Strategic Minerals Plc Defensive Interval Ratio (2019–2022)

This chart shows how Firering Strategic Minerals Plc's Defensive Interval Ratio has evolved across 4 annual periods from 2019 to 2022. As of June 2025, the ratio stands at 9 days, meaning defensive assets of GBX35.98K can fund 9 days of operations without new revenue. Also explore net asset growth rate of Firering Strategic Minerals Plc to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Firering Strategic Minerals Plc (2019–2022)

The table below presents the year-by-year Defensive Interval Ratio for Firering Strategic Minerals Plc from 2019 to 2022, 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. For live market cap and the full company financial profile, see Firering Strategic Minerals Plc market cap and net worth.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2022 16 days GBX32.00K GBX1.99K/day GBX- GBX- ▼ -7 days
2021 23 days GBX30.00K GBX1.28K/day GBX- GBX- ▲ +23 days
2020 0 days GBX1.00K GBX5.19K/day GBX- GBX- ▼ 0 days
2019 0 days GBX1.00K GBX2.55K/day GBX- GBX-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)