Power Metal Resources plc (POW) — Defensive Interval Ratio

Latest as of September 2024: 3091 days

Power Metal Resources plc (POW) has a Defensive Interval Ratio of 3091 days as of September 2024. Defensive assets of GBX15.23 Million (cash GBX-, short-term investments GBX13.09 Million, receivables GBX2.14 Million) cover 3091 days of daily cash needs of GBX4.93K/day. Check Power Metal Resources plc tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

3091 days
Days of operational coverage

Defensive Assets

GBX15.23 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX4.93K
Current Liabilities ÷ 365

Current Liabilities

GBX1.80 Million
GBX

Power Metal Resources plc Defensive Interval Ratio (2012–2024)

This chart shows how Power Metal Resources plc's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2024, the ratio stands at 3091 days, meaning defensive assets of GBX15.23 Million can fund 3091 days of operations without new revenue. Also explore net asset growth rate of Power Metal Resources plc to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Power Metal Resources plc (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Power Metal Resources plc from 2012 to 2024, covering 13 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 Power Metal Resources plc (POW) market capitalisation.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2024 3091 days GBX15.23 Million GBX4.93K/day GBX- GBX13.09 Million ▼ -37 days
2023 3128 days GBX7.58 Million GBX2.42K/day GBX- GBX7.19 Million ▲ +1988 days
2022 1141 days GBX2.66 Million GBX2.33K/day GBX- GBX2.38 Million ▲ +793 days
2021 348 days GBX302.00K GBX868.49/day GBX- GBX179.00K ▲ +249 days
2020 99 days GBX75.00K GBX758.90/day GBX- GBX- ▲ +38 days
2019 61 days GBX11.00K GBX180.82/day GBX- GBX- ▲ +24 days
2018 37 days GBX30.00K GBX805.48/day GBX- GBX- ▼ -23 days
2017 61 days GBX111.00K GBX1.83K/day GBX- GBX- ▲ +51 days
2016 10 days GBX14.00K GBX1.38K/day GBX- GBX- ▼ -9 days
2015 20 days GBX12.00K GBX613.70/day GBX- GBX- ▼ -79 days
2014 98 days GBX48.00K GBX487.67/day GBX- GBX- ▲ +97 days
2013 2 days GBX2.00K GBX1.27K/day GBX- GBX- ▼ -34 days
2012 36 days GBX19.00K GBX534.25/day GBX- GBX-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)