Harmony Energy Income Trust PLC (HEIT) — Defensive Interval Ratio

Latest as of October 2023: 10907 days

Harmony Energy Income Trust PLC (HEIT) has a Defensive Interval Ratio of 10907 days as of October 2023. Defensive assets of GBX3.04 Million (cash GBX-, short-term investments GBX-, receivables GBX3.04 Million) cover 10907 days of daily cash needs of GBX278.35/day. Check HEIT tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

10907 days
Days of operational coverage

Defensive Assets

GBX3.04 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX278.35
Current Liabilities ÷ 365

Current Liabilities

GBX101.60K
GBX

Harmony Energy Income Trust PLC Defensive Interval Ratio (2022–2023)

This chart shows how Harmony Energy Income Trust PLC's Defensive Interval Ratio has evolved across 2 annual periods from 2022 to 2023. As of October 2023, the ratio stands at 10907 days, meaning defensive assets of GBX3.04 Million can fund 10907 days of operations without new revenue. Also explore HEIT year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Harmony Energy Income Trust PLC (2022–2023)

The table below presents the year-by-year Defensive Interval Ratio for Harmony Energy Income Trust PLC from 2022 to 2023, covering 2 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 HEIT market cap.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2023 10907 days GBX3.04 Million GBX278.35/day GBX- GBX- ▲ +10741 days
2022 166 days GBX6.96 Million GBX41.84K/day GBX- GBX4.65 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)