Cardiex Ltd (CDX) — Defensive Interval Ratio

Latest as of December 2024: 25 days

Cardiex Ltd (CDX) has a Defensive Interval Ratio of 25 days as of December 2024. Defensive assets of AU$691.41K (cash AU$-, short-term investments AU$27.98K, receivables AU$663.43K) cover 25 days of daily cash needs of AU$27.35K/day. Check CDX intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

25 days
Days of operational coverage

Defensive Assets

AU$691.41K
Cash + ST Investments + Receivables

Daily Cash Need

AU$27.35K
Current Liabilities ÷ 365

Current Liabilities

AU$9.98 Million
AUD

Cardiex Ltd Defensive Interval Ratio (2002–2024)

This chart shows how Cardiex Ltd's Defensive Interval Ratio has evolved across 23 annual periods from 2002 to 2024. As of December 2024, the ratio stands at 25 days, meaning defensive assets of AU$691.41K can fund 25 days of operations without new revenue. Also explore Cardiex Ltd (CDX) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Cardiex Ltd (2002–2024)

The table below presents the year-by-year Defensive Interval Ratio for Cardiex Ltd from 2002 to 2024, covering 23 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 Cardiex Ltd market capitalisation.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 236 days AU$5.22 Million AU$22.13K/day AU$- AU$4.87 Million ▲ +44 days
2023 192 days AU$7.80 Million AU$40.59K/day AU$- AU$5.56 Million ▲ +6 days
2022 186 days AU$2.60 Million AU$14.02K/day AU$- AU$1.04 Million ▼ -120 days
2021 306 days AU$2.72 Million AU$8.89K/day AU$- AU$1.54 Million ▲ +85 days
2020 220 days AU$2.20 Million AU$9.99K/day AU$- AU$728.54K ▲ +521 days
2019 -300 days AU$-4.24 Million AU$14.12K/day AU$- AU$-5.25 Million ▼ -563 days
2018 262 days AU$1.27 Million AU$4.85K/day AU$- AU$- ▼ -116 days
2017 378 days AU$1.58 Million AU$4.18K/day AU$- AU$0.00 ▼ -178 days
2016 556 days AU$2.11 Million AU$3.79K/day AU$- AU$0.00 ▲ +199 days
2015 357 days AU$1.55 Million AU$4.34K/day AU$- AU$- ▼ -69 days
2014 426 days AU$1.55 Million AU$3.63K/day AU$- AU$- ▼ -253 days
2013 679 days AU$2.67 Million AU$3.93K/day AU$- AU$- ▲ +364 days
2012 315 days AU$1.93 Million AU$6.13K/day AU$- AU$- ▼ -141 days
2011 456 days AU$2.73 Million AU$5.98K/day AU$- AU$- ▼ -133 days
2010 589 days AU$3.43 Million AU$5.83K/day AU$- AU$- ▲ +206 days
2009 383 days AU$3.38 Million AU$8.84K/day AU$- AU$- ▲ +35 days
2008 347 days AU$1.88 Million AU$5.40K/day AU$- AU$- ▲ +84 days
2007 263 days AU$1.45 Million AU$5.49K/day AU$- AU$- ▼ -96 days
2006 359 days AU$1.38 Million AU$3.85K/day AU$- AU$- ▲ +110 days
2005 249 days AU$1.03 Million AU$4.13K/day AU$- AU$- ▼ -225 days
2004 475 days AU$1.08 Million AU$2.27K/day AU$- AU$- ▼ -66 days
2003 540 days AU$703.00K AU$1.30K/day AU$- AU$15.00K ▲ +300 days
2002 240 days AU$498.00K AU$2.07K/day AU$- AU$15.00K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)