Premier African Minerals Ltd (PREM) — Defensive Interval Ratio
Premier African Minerals Ltd (PREM) has a Defensive Interval Ratio of 32 days as of December 2024. Defensive assets of GBX5.20 Million (cash GBX-, short-term investments GBX-, receivables GBX5.20 Million) cover 32 days of daily cash needs of GBX160.55K/day. See working capital position of Premier African Minerals Ltd to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Premier African Minerals Ltd Defensive Interval Ratio (2012–2024)
This chart shows how Premier African Minerals Ltd's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of December 2024, the ratio stands at 32 days, meaning defensive assets of GBX5.20 Million can fund 32 days of operations without new revenue. See Premier African Minerals Ltd balance sheet independence to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Premier African Minerals Ltd (2012–2024)
The table below presents the year-by-year Defensive Interval Ratio for Premier African Minerals Ltd 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 market value of Premier African Minerals Ltd.
| Year | DIR (days) | Defensive Assets (GBX) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 32 days | GBX5.20 Million | GBX160.55K/day | GBX- | GBX- | ▲ +32 days |
| 2023 | 0 days | GBX8.00K | GBX137.65K/day | GBX- | GBX- | ▼ -5 days |
| 2022 | 5 days | GBX500.50K | GBX92.89K/day | GBX- | GBX500.50K | ▼ -4150 days |
| 2021 | 4155 days | GBX8.72 Million | GBX2.10K/day | GBX- | GBX8.33 Million | ▼ -1838 days |
| 2020 | 5993 days | GBX8.34 Million | GBX1.39K/day | GBX- | GBX8.33 Million | ▲ +4731 days |
| 2019 | 1262 days | GBX7.45 Million | GBX5.91K/day | GBX- | GBX7.44 Million | ▲ +1259 days |
| 2018 | 3 days | GBX28.00K | GBX9.64K/day | GBX- | GBX- | ▼ -30 days |
| 2017 | 33 days | GBX218.00K | GBX6.57K/day | GBX- | GBX- | ▲ +18 days |
| 2016 | 15 days | GBX268.00K | GBX18.03K/day | GBX- | GBX- | ▼ -9 days |
| 2015 | 24 days | GBX332.00K | GBX13.96K/day | GBX- | GBX- | ▼ -226 days |
| 2014 | 250 days | GBX1.00 Million | GBX4.01K/day | GBX- | GBX- | ▲ +249 days |
| 2013 | 0 days | GBX2.00K | GBX12.38K/day | GBX- | GBX- | ▼ -33 days |
| 2012 | 33 days | GBX151.00K | GBX4.58K/day | GBX- | GBX- | — |