Astute Metals NL (ASE) — Defensive Interval Ratio
Astute Metals NL (ASE) has a Defensive Interval Ratio of 26 days as of June 2024. Defensive assets of AU$50.00K (cash AU$-, short-term investments AU$-, receivables AU$50.00K) cover 26 days of daily cash needs of AU$1.93K/day. See Astute Metals NL short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Astute Metals NL Defensive Interval Ratio (1989–2024)
This chart shows how Astute Metals NL's Defensive Interval Ratio has evolved across 35 annual periods from 1989 to 2024. As of June 2024, the ratio stands at 26 days, meaning defensive assets of AU$50.00K can fund 26 days of operations without new revenue. See Astute Metals NL (ASE) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Astute Metals NL (1989–2024)
The table below presents the year-by-year Defensive Interval Ratio for Astute Metals NL from 1989 to 2024, 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 market value of Astute Metals NL.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 26 days | AU$50.00K | AU$1.93K/day | AU$- | AU$- | ▼ -49 days |
| 2023 | 75 days | AU$174.42K | AU$2.32K/day | AU$- | AU$- | ▲ +15 days |
| 2022 | 60 days | AU$125.42K | AU$2.07K/day | AU$- | AU$- | ▼ -248 days |
| 2021 | 308 days | AU$192.91K | AU$625.90/day | AU$- | AU$- | ▲ +279 days |
| 2020 | 29 days | AU$27.49K | AU$957.22/day | AU$- | AU$- | ▲ +22 days |
| 2019 | 6 days | AU$30.95K | AU$4.77K/day | AU$- | AU$- | ▼ -19 days |
| 2018 | 25 days | AU$28.56K | AU$1.14K/day | AU$- | AU$- | ▲ +16 days |
| 2017 | 9 days | AU$4.67K | AU$543.68/day | AU$- | AU$0.00 | ▲ +5 days |
| 2016 | 3 days | AU$21.39K | AU$6.55K/day | AU$- | AU$0.00 | ▼ -7 days |
| 2015 | 10 days | AU$70.31K | AU$6.88K/day | AU$- | AU$- | ▼ -106 days |
| 2014 | 117 days | AU$84.66K | AU$726.70/day | AU$- | AU$- | ▲ +35 days |
| 2013 | 82 days | AU$34.96K | AU$426.49/day | AU$- | AU$- | ▲ +46 days |
| 2012 | 36 days | AU$68.84K | AU$1.90K/day | AU$- | AU$- | ▼ -86 days |
| 2011 | 122 days | AU$170.27K | AU$1.39K/day | AU$- | AU$21.00K | ▲ +88 days |
| 2010 | 35 days | AU$56.23K | AU$1.63K/day | AU$- | AU$- | ▲ +31 days |
| 2009 | 3 days | AU$5.46K | AU$1.69K/day | AU$- | AU$- | ▼ -27 days |
| 2008 | 31 days | AU$10.99K | AU$359.64/day | AU$- | AU$- | ▼ -114 days |
| 2007 | 145 days | AU$160.07K | AU$1.11K/day | AU$- | AU$- | ▲ +135 days |
| 2006 | 10 days | AU$14.27K | AU$1.45K/day | AU$- | AU$- | ▼ -15 days |
| 2005 | 25 days | AU$100.48K | AU$4.02K/day | AU$- | AU$- | ▲ +18 days |
| 2004 | 7 days | AU$11.50K | AU$1.65K/day | AU$- | AU$- | ▼ -268 days |
| 2003 | 275 days | AU$688.66K | AU$2.50K/day | AU$- | AU$- | ▲ +270 days |
| 2002 | 5 days | AU$10.92K | AU$2.13K/day | AU$- | AU$- | ▲ +2 days |
| 2001 | 4 days | AU$32.00K | AU$8.85K/day | AU$- | AU$- | ▲ +2 days |
| 2000 | 2 days | AU$13.00K | AU$8.55K/day | AU$- | AU$- | ▲ +1 days |
| 1999 | 0 days | AU$1.00K | AU$13.15K/day | AU$- | AU$- | ▼ -8 days |
| 1998 | 8 days | AU$26.00K | AU$3.09K/day | AU$- | AU$- | ▲ +8 days |
| 1997 | 0 days | AU$2.27K | AU$5.36K/day | AU$- | AU$- | ▲ +0 days |
| 1996 | 0 days | AU$119.00 | AU$3.10K/day | AU$- | AU$119.00 | ▼ -19 days |
| 1994 | 19 days | AU$87.00K | AU$4.47K/day | AU$- | AU$- | ▲ +5 days |
| 1993 | 15 days | AU$42.00K | AU$2.85K/day | AU$- | AU$- | ▲ +14 days |
| 1992 | 0 days | AU$1.00K | AU$2.37K/day | AU$- | AU$- | ▼ -104 days |
| 1991 | 104 days | AU$250.00K | AU$2.41K/day | AU$- | AU$- | ▲ +57 days |
| 1990 | 47 days | AU$124.00K | AU$2.64K/day | AU$- | AU$- | ▲ +3 days |
| 1989 | 44 days | AU$148.00K | AU$3.36K/day | AU$- | AU$- | — |