River and Mercantile UK Micro Cap Investment Company Ltd (RMMC) — Defensive Interval Ratio

Latest as of March 2024: 829 days

River and Mercantile UK Micro Cap Investment Company Ltd (RMMC) has a Defensive Interval Ratio of 829 days as of March 2024. Defensive assets of GBX565.79K (cash GBX-, short-term investments GBX-, receivables GBX565.79K) cover 829 days of daily cash needs of GBX682.89/day.

Defensive Interval Ratio

829 days
Days of operational coverage

Defensive Assets

GBX565.79K
Cash + ST Investments + Receivables

Daily Cash Need

GBX682.89
Current Liabilities ÷ 365

Current Liabilities

GBX249.26K
GBX

River and Mercantile UK Micro Cap Investment Company Ltd Defensive Interval Ratio (2017–2023)

This chart shows how River and Mercantile UK Micro Cap Investment Company Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2017 to 2023. As of March 2024, the ratio stands at 829 days, meaning defensive assets of GBX565.79K can fund 829 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of River and Mercantile UK Micro Cap Invest.

Annual Defensive Interval Ratio for River and Mercantile UK Micro Cap Investment Company Ltd (2017–2023)

The table below presents the year-by-year Defensive Interval Ratio for River and Mercantile UK Micro Cap Investment Company Ltd from 2017 to 2023, covering 10 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 RMMC working capital efficiency 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)
2023 1742 days GBX252.17K GBX144.78/day GBX- GBX- ▲ +1670 days
2022 72 days GBX85.33K GBX1.19K/day GBX- GBX- ▲ +0 days
2022 72 days GBX85.33K GBX1.19K/day GBX- GBX- ▲ +47 days
2021 24 days GBX71.61K GBX2.94K/day GBX- GBX- ▼ -463 days
2020 487 days GBX140.17K GBX287.52/day GBX- GBX- ▲ +0 days
2020 487 days GBX140.17K GBX287.52/day GBX- GBX- ▼ -298 days
2019 785 days GBX232.61K GBX296.13/day GBX- GBX- ▲ +0 days
2019 785 days GBX232.61K GBX296.13/day GBX- GBX- ▲ +546 days
2018 239 days GBX933.49K GBX3.90K/day GBX- GBX- ▲ +196 days
2017 43 days GBX96.41K GBX2.22K/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)