Induction Healthcare Group PLC (INHC) — Defensive Interval Ratio
Induction Healthcare Group PLC (INHC) has a Defensive Interval Ratio of 223 days as of September 2024. Defensive assets of GBX3.03 Million (cash GBX-, short-term investments GBX-, receivables GBX3.03 Million) cover 223 days of daily cash needs of GBX13.62K/day. Check Induction Healthcare Group PLC tangible equity quality to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Induction Healthcare Group PLC Defensive Interval Ratio (2019–2024)
This chart shows how Induction Healthcare Group PLC's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of September 2024, the ratio stands at 223 days, meaning defensive assets of GBX3.03 Million can fund 223 days of operations without new revenue. Also explore INHC net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Induction Healthcare Group PLC (2019–2024)
The table below presents the year-by-year Defensive Interval Ratio for Induction Healthcare Group 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 Induction Healthcare Group PLC market cap and net worth.
| Year | DIR (days) | Defensive Assets (GBX) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 285 days | GBX4.88 Million | GBX17.10K/day | GBX- | GBX- | ▲ +8 days |
| 2023 | 277 days | GBX4.95 Million | GBX17.88K/day | GBX- | GBX- | ▲ +52 days |
| 2022 | 225 days | GBX4.19 Million | GBX18.64K/day | GBX- | GBX500.00K | ▼ -149 days |
| 2021 | 374 days | GBX2.48 Million | GBX6.63K/day | GBX- | GBX1.60 Million | ▼ -1422 days |
| 2020 | 1796 days | GBX10.20 Million | GBX5.68K/day | GBX- | GBX10.05 Million | ▲ +1772 days |
| 2019 | 24 days | GBX212.00K | GBX8.93K/day | GBX- | GBX100.00K | — |