Challenger Gold Ltd (CEL) — Defensive Interval Ratio

Latest as of December 2025: 3 days

Challenger Gold Ltd (CEL) has a Defensive Interval Ratio of 3 days as of December 2025. Defensive assets of AU$234.80K (cash AU$-, short-term investments AU$-, receivables AU$234.80K) cover 3 days of daily cash needs of AU$78.31K/day.

Defensive Interval Ratio

3 days

Days of operational coverage

Defensive Assets

AU$234.80K

Cash + ST Investments + Receivables

Daily Cash Need

AU$78.31K

Current Liabilities ÷ 365

Current Liabilities

AU$28.58 Million

AUD

Challenger Gold Ltd Defensive Interval Ratio (2007–2025)

This chart shows how Challenger Gold Ltd's Defensive Interval Ratio has evolved across 37 annual periods from 2007 to 2025. As of December 2025, the ratio stands at 3 days, meaning defensive assets of AU$234.80K can fund 3 days of operations without new revenue. For the complete balance sheet picture, see Challenger Gold Ltd asset portfolio.

Annual Defensive Interval Ratio for Challenger Gold Ltd (2007–2025)

The table below presents the year-by-year Defensive Interval Ratio for Challenger Gold Ltd from 2007 to 2025, covering 37 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 Challenger Gold Ltd current assets vs equity 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	3 days	AU$234.80K	AU$78.31K/day	AU$-	AU$-	▼ 0 days
2025	3 days	AU$191.03K	AU$60.01K/day	AU$-	AU$-	▲ +0 days
2024	3 days	AU$191.03K	AU$60.01K/day	AU$-	AU$-	▼ -1 days
2024	4 days	AU$177.77K	AU$45.74K/day	AU$-	AU$-	▲ +0 days
2023	4 days	AU$177.77K	AU$45.74K/day	AU$-	AU$-	▲ +1 days
2023	3 days	AU$181.30K	AU$57.91K/day	AU$-	AU$-	▲ +0 days
2022	3 days	AU$181.30K	AU$57.91K/day	AU$-	AU$-	▼ -7 days
2022	10 days	AU$140.78K	AU$14.56K/day	AU$-	AU$-	▲ +0 days
2021	10 days	AU$140.78K	AU$14.56K/day	AU$-	AU$-	▼ -9773 days
2021	9782 days	AU$47.80 Million	AU$4.89K/day	AU$47.49 Million	AU$-	▲ +0 days
2020	9782 days	AU$47.80 Million	AU$4.89K/day	AU$47.49 Million	AU$-	▲ +8573 days
2020	1209 days	AU$3.92 Million	AU$3.24K/day	AU$3.80 Million	AU$-	▲ +0 days
2019	1209 days	AU$3.92 Million	AU$3.24K/day	AU$3.80 Million	AU$-	▼ -1563898 days
2019	1565108 days	AU$5.13 Million	AU$3.28/day	AU$5.04 Million	AU$-	▲ +0 days
2018	1565108 days	AU$5.13 Million	AU$3.28/day	AU$5.04 Million	AU$-	▲ +1498367 days
2018	66741 days	AU$104.85K	AU$1.57/day	AU$92.91K	AU$4.81	▲ +0 days
2017	66741 days	AU$104.85K	AU$1.57/day	AU$92.91K	AU$4.81	▼ -85357 days
2017	152098 days	AU$337.86K	AU$2.22/day	AU$331.14K	AU$32.90	▲ +0 days
2016	152098 days	AU$337.86K	AU$2.22/day	AU$331.14K	AU$32.90	▼ -338950 days
2016	491048 days	AU$874.52K	AU$1.78/day	AU$850.91K	AU$32.20	▲ +0 days
2015	491048 days	AU$874.52K	AU$1.78/day	AU$850.91K	AU$32.20	▲ +481835 days
2015	9213 days	AU$12.44K	AU$1.35/day	AU$-	AU$31.52	▲ +0 days
2014	9213 days	AU$12.44K	AU$1.35/day	AU$-	AU$31.52	▲ +9053 days
2014	160 days	AU$80.96K	AU$505.27/day	AU$-	AU$30.61K	▲ +0 days
2013	160 days	AU$80.96K	AU$505.27/day	AU$-	AU$30.61K	▲ +66 days
2013	95 days	AU$56.33K	AU$594.71/day	AU$-	AU$30.00	▲ +0 days
2012	95 days	AU$56.33K	AU$594.71/day	AU$-	AU$30.00	▲ +0 days
2012	94 days	AU$88.57K	AU$937.53/day	AU$-	AU$-	▲ +0 days
2011	94 days	AU$88.57K	AU$937.53/day	AU$-	AU$-	▼ -186 days
2011	280 days	AU$168.23K	AU$599.83/day	AU$-	AU$-	▲ +0 days
2010	280 days	AU$168.23K	AU$599.83/day	AU$-	AU$-	▲ +240 days
2010	40 days	AU$57.96K	AU$1.44K/day	AU$-	AU$-	▲ +0 days
2009	40 days	AU$57.96K	AU$1.44K/day	AU$-	AU$-	▼ -185 days
2009	225 days	AU$94.69K	AU$420.63/day	AU$-	AU$-	▲ +0 days
2008	225 days	AU$94.69K	AU$420.63/day	AU$-	AU$-	▼ -470 days
2008	695 days	AU$162.67K	AU$233.94/day	AU$-	AU$-	▲ +0 days
2007	695 days	AU$162.67K	AU$233.94/day	AU$-	AU$-	—

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