Tirupati Graphite plc (TGR) — Defensive Interval Ratio

Latest as of September 2023: 290 days

Tirupati Graphite plc (TGR) has a Defensive Interval Ratio of 290 days as of September 2023. Defensive assets of GBX2.66 Million (cash GBX-, short-term investments GBX1.88 Million, receivables GBX784.74K) cover 290 days of daily cash needs of GBX9.17K/day. Check Tirupati Graphite plc (TGR) asset resilience to evaluate the company's liquid asset resilience ratio.

Defensive Interval Ratio

290 days
Days of operational coverage

Defensive Assets

GBX2.66 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX9.17K
Current Liabilities ÷ 365

Current Liabilities

GBX3.35 Million
GBX

Tirupati Graphite plc Defensive Interval Ratio (2018–2023)

This chart shows how Tirupati Graphite plc's Defensive Interval Ratio has evolved across 6 annual periods from 2018 to 2023. As of September 2023, the ratio stands at 290 days, meaning defensive assets of GBX2.66 Million can fund 290 days of operations without new revenue. See Tirupati Graphite plc (TGR) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Defensive Interval Ratio for Tirupati Graphite plc (2018–2023)

The table below presents the year-by-year Defensive Interval Ratio for Tirupati Graphite plc from 2018 to 2023, covering 6 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 the complete balance sheet picture, see Tirupati Graphite plc balance sheet assets.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2023 107 days GBX760.81K GBX7.11K/day GBX- GBX- ▼ -46 days
2022 153 days GBX532.37K GBX3.47K/day GBX- GBX- ▼ -438 days
2021 591 days GBX721.53K GBX1.22K/day GBX- GBX- ▲ +249 days
2020 342 days GBX401.42K GBX1.17K/day GBX- GBX- ▲ +118 days
2019 224 days GBX431.24K GBX1.92K/day GBX- GBX- ▼ -81 days
2018 306 days GBX639.07K GBX2.09K/day GBX- GBX-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)