Rompetrol Rafi (RRC) — Defensive Interval Ratio

Latest as of September 2023: 40 days

Rompetrol Rafi (RRC) has a Defensive Interval Ratio of 40 days as of September 2023. Defensive assets of RON181.39 Million (cash RON-, short-term investments RON-, receivables RON181.39 Million) cover 40 days of daily cash needs of RON4.51 Million/day. Check Rompetrol Rafi tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

40 days
Days of operational coverage

Defensive Assets

RON181.39 Million
Cash + ST Investments + Receivables

Daily Cash Need

RON4.51 Million
Current Liabilities ÷ 365

Current Liabilities

RON1.65 Billion
RON

Rompetrol Rafi Defensive Interval Ratio (2019–2022)

This chart shows how Rompetrol Rafi's Defensive Interval Ratio has evolved across 4 annual periods from 2019 to 2022. As of September 2023, the ratio stands at 40 days, meaning defensive assets of RON181.39 Million can fund 40 days of operations without new revenue. Also explore Rompetrol Rafi (RRC) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Rompetrol Rafi (2019–2022)

The table below presents the year-by-year Defensive Interval Ratio for Rompetrol Rafi 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 RRC market cap.

Year DIR (days) Defensive Assets (RON) Daily Cash Need Cash ST Investments Change (days)
2022 49 days RON209.26 Million RON4.28 Million/day RON- RON- ▲ +9 days
2021 40 days RON178.96 Million RON4.49 Million/day RON- RON- ▲ +1 days
2020 39 days RON146.91 Million RON3.76 Million/day RON- RON- ▼ -21 days
2019 60 days RON178.70 Million RON2.99 Million/day RON- RON-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)