Graphex Group Limited (GRFX) — Defensive Interval Ratio

Latest as of June 2024: 241 days

Graphex Group Limited (GRFX) has a Defensive Interval Ratio of 241 days as of June 2024. Defensive assets of $242.42 Million (cash $-, short-term investments $19.00K, receivables $242.40 Million) cover 241 days of daily cash needs of $1.01 Million/day. Check how tangible is Graphex Group Limited's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

241 days
Days of operational coverage

Defensive Assets

$242.42 Million
Cash + ST Investments + Receivables

Daily Cash Need

$1.01 Million
Current Liabilities ÷ 365

Current Liabilities

$367.83 Million
USD

Graphex Group Limited Defensive Interval Ratio (2013–2023)

This chart shows how Graphex Group Limited's Defensive Interval Ratio has evolved across 11 annual periods from 2013 to 2023. As of June 2024, the ratio stands at 241 days, meaning defensive assets of $242.42 Million can fund 241 days of operations without new revenue. Also explore how fast is Graphex Group Limited growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Graphex Group Limited (2013–2023)

The table below presents the year-by-year Defensive Interval Ratio for Graphex Group Limited from 2013 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 GRFX market cap overview.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 234 days $205.60 Million $877.17K/day $- $23.00K ▲ +65 days
2022 169 days $133.68 Million $789.57K/day $- $31.00K ▼ -25 days
2021 194 days $198.88 Million $1.02 Million/day $- $9.13 Million ▼ 0 days
2020 194 days $168.75 Million $868.33K/day $- $13.10 Million ▼ -32 days
2019 226 days $156.69 Million $693.15K/day $- $1.19 Million ▲ +12 days
2018 214 days $96.07 Million $448.14K/day $- $9.31 Million ▼ -260 days
2017 474 days $116.94 Million $246.52K/day $- $15.97 Million ▼ -316 days
2016 790 days $128.28 Million $162.39K/day $- $13.84 Million ▲ +237 days
2015 553 days $169.94 Million $307.18K/day $- $41.32 Million ▼ -7 days
2014 560 days $122.43 Million $218.71K/day $- $3.39 Million ▲ +188 days
2013 372 days $115.21 Million $309.60K/day $- $3.09 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)