Classic Minerals Ltd (CLZ) — Defensive Interval Ratio

Latest as of December 2024: 2 days

Classic Minerals Ltd (CLZ) has a Defensive Interval Ratio of 2 days as of December 2024. Defensive assets of AU$119.28K (cash AU$4.08K, short-term investments AU$-, receivables AU$115.20K) cover 2 days of daily cash needs of AU$78.64K/day. Check Classic Minerals Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

AU$119.28K
Cash + ST Investments + Receivables

Daily Cash Need

AU$78.64K
Current Liabilities ÷ 365

Current Liabilities

AU$28.70 Million
AUD

Classic Minerals Ltd Defensive Interval Ratio (2009–2024)

This chart shows how Classic Minerals Ltd's Defensive Interval Ratio has evolved across 15 annual periods from 2009 to 2024. As of December 2024, the ratio stands at 2 days, meaning defensive assets of AU$119.28K can fund 2 days of operations without new revenue. Also explore Classic Minerals Ltd (CLZ) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Classic Minerals Ltd (2009–2024)

The table below presents the year-by-year Defensive Interval Ratio for Classic Minerals Ltd from 2009 to 2024, covering 15 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 CLZ company net worth.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 3 days AU$164.59K AU$56.19K/day AU$55.21K AU$- ▲ +0 days
2023 3 days AU$109.97K AU$41.55K/day AU$16.86K AU$48.94 ▼ -11 days
2022 13 days AU$529.23K AU$40.06K/day AU$420.98K AU$48.94 ▼ -67 days
2021 80 days AU$2.33 Million AU$29.18K/day AU$2.25 Million AU$24.94 ▲ +43 days
2020 37 days AU$592.74K AU$16.22K/day AU$488.61K AU$45.41 ▼ -75546 days
2019 75583 days AU$601.32K AU$7.96/day AU$135.12K AU$20.00 ▼ -159113 days
2018 234696 days AU$2.11 Million AU$8.97/day AU$726.10K AU$20.08 ▲ +122736 days
2017 111961 days AU$1.16 Million AU$10.37/day AU$1.09 Million AU$23.60 ▼ -272837 days
2016 384797 days AU$3.54 Million AU$9.19/day AU$56.56K AU$20.00 ▲ +378132 days
2015 6665 days AU$47.89K AU$7.19/day AU$- AU$15.48 ▼ -488962 days
2014 495627 days AU$3.05 Million AU$6.16/day AU$- AU$42.48 ▲ +495030 days
2013 597 days AU$1.16 Million AU$1.94K/day AU$- AU$566.67K ▲ +591 days
2011 6 days AU$13.47K AU$2.37K/day AU$- AU$- ▼ -12 days
2010 18 days AU$102.30K AU$5.63K/day AU$- AU$- ▲ +0 days
2009 18 days AU$91.38K AU$5.09K/day AU$- AU$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)