Brooge Holdings Ltd (BROG) — Defensive Interval Ratio

Latest as of September 2024: 2 days

Brooge Holdings Ltd (BROG) has a Defensive Interval Ratio of 2 days as of September 2024. Defensive assets of $1.89 Million (cash $-, short-term investments $-, receivables $1.89 Million) cover 2 days of daily cash needs of $938.65K/day. See Brooge Holdings Ltd (BROG) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

$1.89 Million
Cash + ST Investments + Receivables

Daily Cash Need

$938.65K
Current Liabilities ÷ 365

Current Liabilities

$342.61 Million
USD

Brooge Holdings Ltd Defensive Interval Ratio (2017–2024)

This chart shows how Brooge Holdings Ltd's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2024, the ratio stands at 2 days, meaning defensive assets of $1.89 Million can fund 2 days of operations without new revenue. See how leveraged is Brooge Holdings Ltd's balance sheet to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Brooge Holdings Ltd (2017–2024)

The table below presents the year-by-year Defensive Interval Ratio for Brooge Holdings Ltd from 2017 to 2024, covering 8 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 Brooge Holdings Ltd market cap and net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 7 days $6.25 Million $921.97K/day $- $- ▲ +7 days
2023 0 days $41.59K $938.65K/day $- $- ▼ -16 days
2022 16 days $12.59 Million $767.18K/day $- $7.32 Million ▲ +11 days
2021 5 days $4.36 Million $810.62K/day $- $- ▲ +3 days
2020 3 days $336.83K $119.96K/day $- $- ▼ -4 days
2019 7 days $1.57 Million $217.34K/day $- $- ▲ +1 days
2018 6 days $1.88 Million $303.68K/day $- $0.00 ▲ +6 days
2017 0 days $0.00 $488.90/day $- $0.00
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)