Enteq Upstream (NTQ) — Defensive Interval Ratio

Latest as of September 2024: 38 days

Enteq Upstream (NTQ) has a Defensive Interval Ratio of 38 days as of September 2024. Defensive assets of GBX116.00K (cash GBX-, short-term investments GBX-, receivables GBX116.00K) cover 38 days of daily cash needs of GBX3.01K/day. Check how tangible is Enteq Upstream's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

38 days
Days of operational coverage

Defensive Assets

GBX116.00K
Cash + ST Investments + Receivables

Daily Cash Need

GBX3.01K
Current Liabilities ÷ 365

Current Liabilities

GBX1.10 Million
GBX

Enteq Upstream Defensive Interval Ratio (2013–2024)

This chart shows how Enteq Upstream's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2024, the ratio stands at 38 days, meaning defensive assets of GBX116.00K can fund 38 days of operations without new revenue. Also explore Enteq Upstream net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Enteq Upstream (2013–2024)

The table below presents the year-by-year Defensive Interval Ratio for Enteq Upstream from 2013 to 2024, covering 12 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 how much is Enteq Upstream worth.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2024 161 days GBX677.00K GBX4.21K/day GBX- GBX- ▼ -309 days
2023 469 days GBX1.60 Million GBX3.41K/day GBX- GBX1.50 Million ▼ -461 days
2022 931 days GBX4.75 Million GBX5.10K/day GBX- GBX1.50 Million ▲ +362 days
2021 569 days GBX2.40 Million GBX4.23K/day GBX- GBX- ▲ +271 days
2020 297 days GBX1.77 Million GBX5.96K/day GBX- GBX- ▲ +54 days
2019 243 days GBX2.02 Million GBX8.32K/day GBX- GBX- ▲ +10 days
2018 233 days GBX2.10 Million GBX9.04K/day GBX- GBX- ▼ -326 days
2017 559 days GBX3.66 Million GBX6.54K/day GBX- GBX- ▼ -221 days
2016 780 days GBX3.06 Million GBX3.93K/day GBX- GBX- ▲ +85 days
2015 695 days GBX4.63 Million GBX6.67K/day GBX- GBX- ▲ +66 days
2014 629 days GBX8.38 Million GBX13.33K/day GBX- GBX- ▲ +222 days
2013 406 days GBX4.56 Million GBX11.21K/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)