Ardea Resources Ltd (ARL) — Defensive Interval Ratio
Ardea Resources Ltd (ARL) has a Defensive Interval Ratio of 200 days as of December 2025. Defensive assets of AU$15.90 Million (cash AU$11.64 Million, short-term investments AU$-, receivables AU$4.26 Million) cover 200 days of daily cash needs of AU$79.36K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Ardea Resources Ltd Defensive Interval Ratio (2017–2025)
This chart shows how Ardea Resources Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of December 2025, the ratio stands at 200 days, meaning defensive assets of AU$15.90 Million can fund 200 days of operations without new revenue. For the complete balance sheet picture, see Ardea Resources Ltd asset portfolio.
Annual Defensive Interval Ratio for Ardea Resources Ltd (2017–2025)
The table below presents the year-by-year Defensive Interval Ratio for Ardea Resources Ltd 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 Ardea Resources Ltd working capital to net assets 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 | 122 days | AU$19.22 Million | AU$157.80K/day | AU$14.68 Million | AU$- | ▼ -1176 days |
| 2024 | 1298 days | AU$15.84 Million | AU$12.21K/day | AU$14.85 Million | AU$- | ▼ -1122 days |
| 2023 | 2420 days | AU$11.78 Million | AU$4.87K/day | AU$10.65 Million | AU$- | ▼ -3799 days |
| 2022 | 6219 days | AU$24.01 Million | AU$3.86K/day | AU$22.02 Million | AU$- | ▲ +3201 days |
| 2021 | 3018 days | AU$6.71 Million | AU$2.22K/day | AU$5.69 Million | AU$- | ▼ -2075 days |
| 2020 | 5094 days | AU$10.37 Million | AU$2.04K/day | AU$10.01 Million | AU$- | ▼ -2579 days |
| 2019 | 7672 days | AU$13.27 Million | AU$1.73K/day | AU$11.19 Million | AU$90.00K | ▲ +640 days |
| 2018 | 7033 days | AU$22.79 Million | AU$3.24K/day | AU$19.16 Million | AU$90.00K | ▲ +3630 days |
| 2017 | 3403 days | AU$3.40 Million | AU$1.00K/day | AU$3.06 Million | AU$116.28K | — |