Zanaga Iron Ore Co Ltd (ZIOC) — Defensive Interval Ratio

Latest as of December 2023: 205 days

Zanaga Iron Ore Co Ltd (ZIOC) has a Defensive Interval Ratio of 205 days as of December 2023. Defensive assets of GBX1.19 Million (cash GBX-, short-term investments GBX-, receivables GBX1.19 Million) cover 205 days of daily cash needs of GBX5.81K/day. See ZIOC current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

205 days
Days of operational coverage

Defensive Assets

GBX1.19 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX5.81K
Current Liabilities ÷ 365

Current Liabilities

GBX2.12 Million
GBX

Zanaga Iron Ore Co Ltd Defensive Interval Ratio (2012–2023)

This chart shows how Zanaga Iron Ore Co Ltd's Defensive Interval Ratio has evolved across 11 annual periods from 2012 to 2023. As of December 2023, the ratio stands at 205 days, meaning defensive assets of GBX1.19 Million can fund 205 days of operations without new revenue. See net asset quality index of Zanaga Iron Ore Co Ltd to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Zanaga Iron Ore Co Ltd (2012–2023)

The table below presents the year-by-year Defensive Interval Ratio for Zanaga Iron Ore Co Ltd from 2012 to 2023, covering 11 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 Zanaga Iron Ore Co Ltd market cap and net worth.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2023 205 days GBX1.19 Million GBX5.81K/day GBX- GBX- ▲ +169 days
2022 37 days GBX113.00K GBX3.07K/day GBX- GBX- ▼ -88865 days
2021 88902 days GBX37.27 Million GBX419.18/day GBX- GBX37.23 Million ▲ +14810 days
2020 74092 days GBX37.35 Million GBX504.11/day GBX- GBX37.32 Million ▼ -4096 days
2019 78188 days GBX37.49 Million GBX479.45/day GBX- GBX37.45 Million ▲ +77823 days
2018 365 days GBX75.00K GBX205.48/day GBX- GBX- ▲ +200 days
2017 165 days GBX34.00K GBX205.48/day GBX- GBX- ▲ +52 days
2016 113 days GBX35.00K GBX309.59/day GBX- GBX- ▼ -737 days
2015 850 days GBX340.00K GBX400.00/day GBX- GBX- ▲ +810 days
2014 40 days GBX38.00K GBX956.16/day GBX- GBX- ▼ -41806 days
2012 41845 days GBX188.82 Million GBX4.51K/day GBX- GBX188.82 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)