Kanabo Group PLC (KNB) — Defensive Interval Ratio

Latest as of June 2024: 353 days

Kanabo Group PLC (KNB) has a Defensive Interval Ratio of 353 days as of June 2024. Defensive assets of GBX850.00K (cash GBX-, short-term investments GBX542.00K, receivables GBX308.00K) cover 353 days of daily cash needs of GBX2.41K/day. Check KNB tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

353 days
Days of operational coverage

Defensive Assets

GBX850.00K
Cash + ST Investments + Receivables

Daily Cash Need

GBX2.41K
Current Liabilities ÷ 365

Current Liabilities

GBX880.00K
GBX

Kanabo Group PLC Defensive Interval Ratio (2017–2023)

This chart shows how Kanabo Group PLC's Defensive Interval Ratio has evolved across 7 annual periods from 2017 to 2023. As of June 2024, the ratio stands at 353 days, meaning defensive assets of GBX850.00K can fund 353 days of operations without new revenue. Also explore Kanabo Group PLC net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Kanabo Group PLC (2017–2023)

The table below presents the year-by-year Defensive Interval Ratio for Kanabo Group PLC from 2017 to 2023, covering 7 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 value of Kanabo Group PLC.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2023 902 days GBX1.75 Million GBX1.95K/day GBX- GBX1.53 Million ▲ +738 days
2022 164 days GBX673.00K GBX4.10K/day GBX- GBX491.00K ▲ +81 days
2021 84 days GBX95.00K GBX1.14K/day GBX- GBX20.00K ▼ -72 days
2020 155 days GBX23.00K GBX147.95/day GBX- GBX5.00K ▲ +24 days
2019 132 days GBX13.00K GBX98.63/day GBX- GBX- ▼ -147 days
2018 279 days GBX13.00K GBX46.58/day GBX- GBX- ▲ +254 days
2017 25 days GBX4.00K GBX158.90/day GBX- GBX-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)