Primega Group Holdings Limited Ordinary Shares (PGHL) — Defensive Interval Ratio

Latest as of June 2024: 353 days

Primega Group Holdings Limited Ordinary Shares (PGHL) has a Defensive Interval Ratio of 353 days as of June 2024. Defensive assets of $5.34 Million (cash $-, short-term investments $-, receivables $5.34 Million) cover 353 days of daily cash needs of $15.12K/day. Check tangible net worth ratio of Primega Group Holdings Limited Ordinary to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

353 days
Days of operational coverage

Defensive Assets

$5.34 Million
Cash + ST Investments + Receivables

Daily Cash Need

$15.12K
Current Liabilities ÷ 365

Current Liabilities

$5.52 Million
USD

Primega Group Holdings Limited Ordinary Shares Defensive Interval Ratio (2021–2024)

This chart shows how Primega Group Holdings Limited Ordinary Shares's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2024, the ratio stands at 353 days, meaning defensive assets of $5.34 Million can fund 353 days of operations without new revenue. Also explore Primega Group Holdings Limited Ordinary (PGHL) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Primega Group Holdings Limited Ordinary Shares (2021–2024)

The table below presents the year-by-year Defensive Interval Ratio for Primega Group Holdings Limited Ordinary Shares from 2021 to 2024, covering 4 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 cap of Primega Group Holdings Limited Ordinary .

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 353 days $5.34 Million $15.12K/day $- $- ▼ -55 days
2023 408 days $5.89 Million $14.44K/day $- $- ▲ +99 days
2022 309 days $2.83 Million $9.18K/day $- $- ▲ +90 days
2021 218 days $906.81K $4.16K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)