Artego Tg. Jiu (ARTE) — Defensive Interval Ratio

Latest as of September 2024: 366 days

Artego Tg. Jiu (ARTE) has a Defensive Interval Ratio of 366 days as of September 2024. Defensive assets of RON22.97 Million (cash RON-, short-term investments RON14.40K, receivables RON22.96 Million) cover 366 days of daily cash needs of RON62.80K/day. Check Artego Tg. Jiu tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

366 days
Days of operational coverage

Defensive Assets

RON22.97 Million
Cash + ST Investments + Receivables

Daily Cash Need

RON62.80K
Current Liabilities ÷ 365

Current Liabilities

RON22.92 Million
RON

Artego Tg. Jiu Defensive Interval Ratio (2020–2023)

This chart shows how Artego Tg. Jiu's Defensive Interval Ratio has evolved across 4 annual periods from 2020 to 2023. As of September 2024, the ratio stands at 366 days, meaning defensive assets of RON22.97 Million can fund 366 days of operations without new revenue. Also explore Artego Tg. Jiu annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Artego Tg. Jiu (2020–2023)

The table below presents the year-by-year Defensive Interval Ratio for Artego Tg. Jiu from 2020 to 2023, 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 ARTE market cap.

Year DIR (days) Defensive Assets (RON) Daily Cash Need Cash ST Investments Change (days)
2023 320 days RON26.87 Million RON83.94K/day RON- RON14.40K ▲ +12 days
2022 308 days RON36.63 Million RON118.81K/day RON- RON14.40K ▲ +15 days
2021 293 days RON39.94 Million RON136.30K/day RON- RON14.40K ▼ -23 days
2020 316 days RON33.63 Million RON106.37K/day RON- RON14.40K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)