Adavale Resources Ltd (ADD) — Defensive Interval Ratio

Latest as of December 2024: 75 days

Adavale Resources Ltd (ADD) has a Defensive Interval Ratio of 75 days as of December 2024. Defensive assets of AU$30.00K (cash AU$-, short-term investments AU$-, receivables AU$30.00K) cover 75 days of daily cash needs of AU$401.58/day. Check how tangible is Adavale Resources Ltd's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

75 days

Days of operational coverage

Defensive Assets

AU$30.00K

Cash + ST Investments + Receivables

Daily Cash Need

AU$401.58

Current Liabilities ÷ 365

Current Liabilities

AU$146.58K

AUD

Adavale Resources Ltd Defensive Interval Ratio (1989–2023)

This chart shows how Adavale Resources Ltd's Defensive Interval Ratio has evolved across 35 annual periods from 1989 to 2023. As of December 2024, the ratio stands at 75 days, meaning defensive assets of AU$30.00K can fund 75 days of operations without new revenue. Also explore net asset growth rate of Adavale Resources Ltd to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Adavale Resources Ltd (1989–2023)

The table below presents the year-by-year Defensive Interval Ratio for Adavale Resources Ltd from 1989 to 2023, covering 35 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 ADD market cap.

Year	DIR (days)	Defensive Assets (AUD)	Daily Cash Need	Cash	ST Investments	Change (days)
2023	3 days	AU$18.42K	AU$5.83K/day	AU$-	AU$-	▼ -20 days
2022	23 days	AU$18.42K	AU$807.58/day	AU$-	AU$-	▲ +19 days
2021	4 days	AU$5.02K	AU$1.30K/day	AU$-	AU$-	▼ -22 days
2020	26 days	AU$26.40K	AU$1.03K/day	AU$-	AU$-	▼ -5080222 days
2019	5080247 days	AU$3.84 Million	AU$0.76/day	AU$-	AU$3.81 Million	▼ -215559 days
2018	5295806 days	AU$3.11 Million	AU$0.59/day	AU$-	AU$3.08 Million	▲ +4300589 days
2017	995216 days	AU$2.80 Million	AU$2.82/day	AU$-	AU$2.78 Million	▲ +985568 days
2016	9648 days	AU$21.25K	AU$2.20/day	AU$-	AU$-	▼ -5034 days
2015	14682 days	AU$24.38K	AU$1.66/day	AU$-	AU$-	▼ -6560 days
2014	21242 days	AU$17.79K	AU$0.84/day	AU$-	AU$-	▲ +21141 days
2013	101 days	AU$62.33K	AU$617.04/day	AU$-	AU$-	▲ +63 days
2012	38 days	AU$22.34K	AU$583.38/day	AU$-	AU$-	▼ -164 days
2011	202 days	AU$105.14K	AU$520.29/day	AU$-	AU$-	▲ +162 days
2010	40 days	AU$29.89K	AU$748.41/day	AU$-	AU$-	▼ -24 days
2009	64 days	AU$22.15K	AU$345.24/day	AU$-	AU$-	▼ -24 days
2008	88 days	AU$54.44K	AU$617.70/day	AU$-	AU$-	▼ -44 days
2007	133 days	AU$57.37K	AU$432.65/day	AU$-	AU$-	▼ -3 days
2006	135 days	AU$57.53K	AU$425.41/day	AU$-	AU$-	▲ +119 days
2005	16 days	AU$251.46K	AU$15.60K/day	AU$-	AU$26.00K	▼ -22 days
2004	38 days	AU$436.00K	AU$11.41K/day	AU$-	AU$-	▲ +4 days
2003	35 days	AU$448.05K	AU$12.91K/day	AU$-	AU$-	▼ -6 days
2002	41 days	AU$802.89K	AU$19.80K/day	AU$-	AU$-	▲ +30 days
2001	10 days	AU$150.82K	AU$14.67K/day	AU$-	AU$-	▼ -65 days
2000	75 days	AU$413.52K	AU$5.53K/day	AU$-	AU$-	▲ +68 days
1999	6 days	AU$12.61K	AU$1.98K/day	AU$-	AU$2.50K	▼ -20 days
1998	27 days	AU$230.88K	AU$8.66K/day	AU$-	AU$2.50K	▼ -23 days
1997	49 days	AU$212.04K	AU$4.29K/day	AU$-	AU$-	▼ -64172 days
1996	64221 days	AU$784.58 Million	AU$12.22K/day	AU$-	AU$778.31 Million	▼ -525901 days
1995	590122 days	AU$1.12 Billion	AU$1.90K/day	AU$-	AU$1.12 Billion	▲ +202177 days
1994	387945 days	AU$1.53 Billion	AU$3.93K/day	AU$-	AU$1.53 Billion	▲ +337650 days
1993	50295 days	AU$869.76 Million	AU$17.29K/day	AU$-	AU$869.18 Million	▲ +50282 days
1992	13 days	AU$3.00K	AU$232.88/day	AU$-	AU$-	▼ -9 days
1991	21 days	AU$1.00K	AU$46.58/day	AU$-	AU$-	▼ -100 days
1990	122 days	AU$6.00K	AU$49.32/day	AU$-	AU$-	▲ +24 days
1989	97 days	AU$4.00K	AU$41.10/day	AU$-	AU$-	—

DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)