Arkle Resources PLC (48O) — Defensive Interval Ratio

Latest as of June 2023: 14 days

Arkle Resources PLC (48O) has a Defensive Interval Ratio of 14 days as of June 2023. Defensive assets of €16.00K (cash €-, short-term investments €-, receivables €16.00K) cover 14 days of daily cash needs of €1.16K/day.

Defensive Interval Ratio

14 days
Days of operational coverage

Defensive Assets

€16.00K
Cash + ST Investments + Receivables

Daily Cash Need

€1.16K
Current Liabilities ÷ 365

Current Liabilities

€422.00K
EUR

Arkle Resources PLC Defensive Interval Ratio (2013–2022)

This chart shows how Arkle Resources PLC's Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2022. As of June 2023, the ratio stands at 14 days, meaning defensive assets of €16.00K can fund 14 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Arkle Resources PLC.

Annual Defensive Interval Ratio for Arkle Resources PLC (2013–2022)

The table below presents the year-by-year Defensive Interval Ratio for Arkle Resources PLC from 2013 to 2022, covering 10 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Arkle Resources PLC (48O) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 5 days €6.93K €1.32K/day €- €- ▼ -25 days
2021 30 days €32.63K €1.08K/day €- €- ▲ +23 days
2020 7 days €21.92K €2.97K/day €- €- ▲ +1 days
2019 6 days €3.86K €619.17/day €- €- ▼ -56 days
2018 62 days €23.35K €375.01/day €- €- ▲ +46 days
2017 17 days €28.60K €1.71K/day €- €- ▲ +5 days
2016 11 days €13.63K €1.21K/day €- €- ▼ -13 days
2015 24 days €28.30K €1.17K/day €- €- ▼ -31 days
2014 55 days €69.40K €1.25K/day €- €- ▲ +4 days
2013 51 days €25.27K €494.56/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)