5E Advanced Materials Inc (FEAM) — Defensive Interval Ratio

Latest as of June 2021: 30 days

5E Advanced Materials Inc (FEAM) has a Defensive Interval Ratio of 30 days as of June 2021. Defensive assets of $140.50K (cash $-, short-term investments $-, receivables $140.50K) cover 30 days of daily cash needs of $4.62K/day. See how liquid is 5E Advanced Materials Inc's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

30 days
Days of operational coverage

Defensive Assets

$140.50K
Cash + ST Investments + Receivables

Daily Cash Need

$4.62K
Current Liabilities ÷ 365

Current Liabilities

$1.69 Million
USD

5E Advanced Materials Inc Defensive Interval Ratio (2018–2020)

This chart shows how 5E Advanced Materials Inc's Defensive Interval Ratio has evolved across 3 annual periods from 2018 to 2020. As of June 2021, the ratio stands at 30 days, meaning defensive assets of $140.50K can fund 30 days of operations without new revenue. See 5E Advanced Materials Inc balance sheet independence to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for 5E Advanced Materials Inc (2018–2020)

The table below presents the year-by-year Defensive Interval Ratio for 5E Advanced Materials Inc from 2018 to 2020, covering 3 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 market value of 5E Advanced Materials Inc.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2020 13 days $90.73K $7.20K/day $- $- ▼ -53 days
2019 65 days $43.57K $665.93/day $- $- ▲ +35 days
2018 31 days $21.97K $717.33/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)