Procaps Group SA (PROC) — Defensive Interval Ratio

Latest as of September 2023: 322 days

Procaps Group SA (PROC) has a Defensive Interval Ratio of 322 days as of September 2023. Defensive assets of $179.14 Million (cash $-, short-term investments $8.27 Million, receivables $170.87 Million) cover 322 days of daily cash needs of $555.97K/day. Check PROC goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

322 days
Days of operational coverage

Defensive Assets

$179.14 Million
Cash + ST Investments + Receivables

Daily Cash Need

$555.97K
Current Liabilities ÷ 365

Current Liabilities

$202.93 Million
USD

Procaps Group SA Defensive Interval Ratio (2019–2022)

This chart shows how Procaps Group SA's Defensive Interval Ratio has evolved across 4 annual periods from 2019 to 2022. As of September 2023, the ratio stands at 322 days, meaning defensive assets of $179.14 Million can fund 322 days of operations without new revenue. Also explore how fast is Procaps Group SA growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Procaps Group SA (2019–2022)

The table below presents the year-by-year Defensive Interval Ratio for Procaps Group SA from 2019 to 2022, 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 PROC stock market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2022 152 days $153.26 Million $1.01 Million/day $- $- ▼ -49 days
2021 200 days $103.19 Million $514.97K/day $- $- ▲ +24 days
2020 176 days $115.83 Million $656.52K/day $- $- ▲ +32 days
2019 144 days $98.11 Million $680.76K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)