Red Capital PLC (REDC) — Defensive Interval Ratio

Latest as of December 2023: 5 days

Red Capital PLC (REDC) has a Defensive Interval Ratio of 5 days as of December 2023. Defensive assets of GBX796.00 (cash GBX-, short-term investments GBX-, receivables GBX796.00) cover 5 days of daily cash needs of GBX148.61/day. Check Red Capital PLC (REDC) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

5 days
Days of operational coverage

Defensive Assets

GBX796.00
Cash + ST Investments + Receivables

Daily Cash Need

GBX148.61
Current Liabilities ÷ 365

Current Liabilities

GBX54.24K
GBX

Red Capital PLC Defensive Interval Ratio (2023–2023)

This chart shows how Red Capital PLC's Defensive Interval Ratio has evolved across 1 annual periods from 2023 to 2023. As of December 2023, the ratio stands at 5 days, meaning defensive assets of GBX796.00 can fund 5 days of operations without new revenue. Also explore how fast is Red Capital PLC growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Red Capital PLC (2023–2023)

The table below presents the year-by-year Defensive Interval Ratio for Red Capital PLC from 2023 to 2023, covering 1 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 Red Capital PLC worth.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2023 5 days GBX796.00 GBX148.61/day GBX- GBX-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)