29METALS Ltd (29M) — Defensive Interval Ratio
29METALS Ltd (29M) has a Defensive Interval Ratio of 88 days as of December 2025. Defensive assets of AU$49.84 Million (cash AU$-, short-term investments AU$33.00K, receivables AU$49.81 Million) cover 88 days of daily cash needs of AU$564.63K/day. See working capital to net assets of 29METALS Ltd to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
29METALS Ltd Defensive Interval Ratio (2020–2025)
This chart shows how 29METALS Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2020 to 2025. As of December 2025, the ratio stands at 88 days, meaning defensive assets of AU$49.84 Million can fund 88 days of operations without new revenue. See 29METALS Ltd (29M) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for 29METALS Ltd (2020–2025)
The table below presents the year-by-year Defensive Interval Ratio for 29METALS Ltd from 2020 to 2025, covering 6 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 29METALS Ltd (29M) market capitalisation.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 88 days | AU$49.84 Million | AU$564.63K/day | AU$- | AU$33.00K | ▲ +52 days |
| 2024 | 37 days | AU$27.00 Million | AU$738.36K/day | AU$- | AU$13.80 Million | ▼ -20 days |
| 2023 | 57 days | AU$40.58 Million | AU$713.73K/day | AU$- | AU$12.50 Million | ▼ -48 days |
| 2022 | 105 days | AU$64.13 Million | AU$613.03K/day | AU$- | AU$12.50 Million | ▼ -19 days |
| 2021 | 124 days | AU$67.73 Million | AU$548.14K/day | AU$- | AU$12.68 Million | ▼ -169 days |
| 2020 | 293 days | AU$140.57 Million | AU$480.17K/day | AU$107.22 Million | AU$- | — |