Petrel Resources (PET) — Defensive Interval Ratio

Latest as of December 2025: 4 days

Petrel Resources (PET) has a Defensive Interval Ratio of 4 days as of December 2025. Defensive assets of GBX11.81K (cash GBX-, short-term investments GBX-, receivables GBX11.81K) cover 4 days of daily cash needs of GBX3.30K/day.

Defensive Interval Ratio

4 days
Days of operational coverage

Defensive Assets

GBX11.81K
Cash + ST Investments + Receivables

Daily Cash Need

GBX3.30K
Current Liabilities ÷ 365

Current Liabilities

GBX1.21 Million
GBX

Petrel Resources Defensive Interval Ratio (2000–2025)

This chart shows how Petrel Resources's Defensive Interval Ratio has evolved across 24 annual periods from 2000 to 2025. As of December 2025, the ratio stands at 4 days, meaning defensive assets of GBX11.81K can fund 4 days of operations without new revenue. For the complete balance sheet picture, see how large is Petrel Resources's balance sheet.

Annual Defensive Interval Ratio for Petrel Resources (2000–2025)

The table below presents the year-by-year Defensive Interval Ratio for Petrel Resources from 2000 to 2025, covering 24 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital position of Petrel Resources to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2025 4 days GBX11.81K GBX3.30K/day GBX- GBX- ▼ -10 days
2022 14 days GBX33.81K GBX2.44K/day GBX- GBX- ▲ +2 days
2021 12 days GBX25.66K GBX2.17K/day GBX- GBX- ▼ -6 days
2020 18 days GBX34.99K GBX1.95K/day GBX- GBX- ▲ +7 days
2019 11 days GBX19.52K GBX1.73K/day GBX- GBX- ▼ -7 days
2018 18 days GBX31.87K GBX1.73K/day GBX- GBX- ▲ +1 days
2017 17 days GBX27.57K GBX1.60K/day GBX- GBX- ▼ -3 days
2016 20 days GBX23.00K GBX1.12K/day GBX- GBX- ▲ +15 days
2015 5 days GBX4.66K GBX864.68/day GBX- GBX- ▼ -32 days
2014 38 days GBX31.68K GBX840.63/day GBX- GBX- ▲ +34 days
2013 4 days GBX4.12K GBX1.13K/day GBX- GBX- ▼ -30 days
2012 34 days GBX37.66K GBX1.12K/day GBX- GBX- ▼ -17 days
2011 51 days GBX32.00K GBX633.04/day GBX- GBX- ▼ -9242 days
2010 9292 days GBX2.14 Million GBX230.22/day GBX- GBX- ▲ +8930 days
2009 362 days GBX37.41 Million GBX103.23K/day GBX- GBX- ▲ +362 days
2008 0 days GBX2.00 GBX102.19K/day GBX- GBX- ▼ -291 days
2007 291 days GBX29.33 Million GBX100.96K/day GBX- GBX- ▲ +290 days
2006 1 days GBX44.00K GBX43.72K/day GBX- GBX- ▼ -7 days
2005 8 days GBX38.00K GBX4.71K/day GBX- GBX- ▼ -196 days
2004 204 days GBX143.00K GBX702.38/day GBX- GBX- ▲ +104 days
2003 100 days GBX50.00K GBX500.46/day GBX- GBX- ▲ +36 days
2002 64 days GBX27.00K GBX420.33/day GBX- GBX- ▲ +58 days
2001 6 days GBX5.00K GBX828.50/day GBX- GBX- ▼ -12 days
2000 18 days GBX13.00K GBX741.06/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)