Golden Metal Resources PLC (GMET) — Defensive Interval Ratio

Latest as of December 2024: 178 days

Golden Metal Resources PLC (GMET) has a Defensive Interval Ratio of 178 days as of December 2024. Defensive assets of GBX179.00K (cash GBX-, short-term investments GBX-, receivables GBX179.00K) cover 178 days of daily cash needs of GBX1.01K/day. Check Golden Metal Resources PLC (GMET) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

178 days
Days of operational coverage

Defensive Assets

GBX179.00K
Cash + ST Investments + Receivables

Daily Cash Need

GBX1.01K
Current Liabilities ÷ 365

Current Liabilities

GBX368.00K
GBX

Golden Metal Resources PLC Defensive Interval Ratio (2022–2024)

This chart shows how Golden Metal Resources PLC's Defensive Interval Ratio has evolved across 3 annual periods from 2022 to 2024. As of December 2024, the ratio stands at 178 days, meaning defensive assets of GBX179.00K can fund 178 days of operations without new revenue. Also explore GMET net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Golden Metal Resources PLC (2022–2024)

The table below presents the year-by-year Defensive Interval Ratio for Golden Metal Resources PLC from 2022 to 2024, covering 3 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 market cap of Golden Metal Resources PLC.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2024 84 days GBX189.00K GBX2.26K/day GBX- GBX- ▼ -373 days
2023 456 days GBX517.58K GBX1.13K/day GBX- GBX292.62K ▲ +220 days
2022 236 days GBX80.00K GBX338.39/day GBX- GBX-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)