Adriatic Metals Plc (ADT) — Defensive Interval Ratio

Latest as of December 2024: 4 days

Adriatic Metals Plc (ADT) has a Defensive Interval Ratio of 4 days as of December 2024. Defensive assets of AU$1.40 Million (cash AU$-, short-term investments AU$-, receivables AU$1.40 Million) cover 4 days of daily cash needs of AU$331.23K/day.

Defensive Interval Ratio

4 days
Days of operational coverage

Defensive Assets

AU$1.40 Million
Cash + ST Investments + Receivables

Daily Cash Need

AU$331.23K
Current Liabilities ÷ 365

Current Liabilities

AU$120.90 Million
AUD

Adriatic Metals Plc Defensive Interval Ratio (2017–2025)

This chart shows how Adriatic Metals Plc's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of December 2024, the ratio stands at 4 days, meaning defensive assets of AU$1.40 Million can fund 4 days of operations without new revenue. For the complete balance sheet picture, see ADT asset base.

Annual Defensive Interval Ratio for Adriatic Metals Plc (2017–2025)

The table below presents the year-by-year Defensive Interval Ratio for Adriatic Metals Plc from 2017 to 2025, covering 9 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 ADT working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2025 4 days AU$1.40 Million AU$331.23K/day AU$- AU$- ▼ -128 days
2024 133 days AU$27.75 Million AU$209.46K/day AU$- AU$20.88 Million ▲ +13 days
2023 119 days AU$2.52 Million AU$21.15K/day AU$- AU$- ▲ +27 days
2022 92 days AU$1.42 Million AU$15.40K/day AU$- AU$- ▲ +40 days
2021 52 days AU$1.16 Million AU$22.12K/day AU$- AU$0.00 ▼ -754 days
2020 806 days AU$1.88 Million AU$2.34K/day AU$- AU$1.53 Million ▼ -4844 days
2019 5650 days AU$1.89 Million AU$334.22/day AU$- AU$1.53 Million ▲ +4994 days
2018 656 days AU$146.82K AU$223.70/day AU$- AU$- ▲ +649 days
2017 7 days AU$3.15K AU$424.16/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)