Galileo Tech Ltd (GLTC) — Defensive Interval Ratio
Galileo Tech Ltd (GLTC) has a Defensive Interval Ratio of 0 days as of December 2023. Defensive assets of ILA0.00 (cash ILA-, short-term investments ILA-, receivables ILA0.00) cover 0 days of daily cash needs of ILA10.18K/day. Check how tangible is Galileo Tech Ltd's equity to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Galileo Tech Ltd Defensive Interval Ratio (2015–2023)
This chart shows how Galileo Tech Ltd's Defensive Interval Ratio has evolved across 8 annual periods from 2015 to 2023. As of December 2023, the ratio stands at 0 days, meaning defensive assets of ILA0.00 can fund 0 days of operations without new revenue. Also explore net asset growth rate of Galileo Tech Ltd to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Galileo Tech Ltd (2015–2023)
The table below presents the year-by-year Defensive Interval Ratio for Galileo Tech Ltd from 2015 to 2023, covering 8 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 market cap of Galileo Tech Ltd.
| Year | DIR (days) | Defensive Assets (ILA) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 0 days | ILA0.00 | ILA10.18K/day | ILA- | ILA- | ▼ -3 days |
| 2022 | 3 days | ILA25.00K | ILA7.18K/day | ILA- | ILA- | ▼ -92 days |
| 2021 | 96 days | ILA655.00K | ILA6.84K/day | ILA- | ILA- | ▲ +51 days |
| 2020 | 45 days | ILA342.00K | ILA7.63K/day | ILA- | ILA- | ▲ +24 days |
| 2019 | 20 days | ILA238.00K | ILA11.71K/day | ILA- | ILA- | ▼ -14 days |
| 2018 | 35 days | ILA46.00K | ILA1.33K/day | ILA- | ILA- | ▲ +35 days |
| 2016 | 0 days | ILA0.00 | ILA59.79K/day | ILA- | ILA- | ▼ -33 days |
| 2015 | 33 days | ILA1.85 Million | ILA56.92K/day | ILA- | ILA- | — |