Comet Ridge Ltd (COI) — Defensive Interval Ratio

Latest as of December 2025: 9 days

Comet Ridge Ltd (COI) has a Defensive Interval Ratio of 9 days as of December 2025. Defensive assets of AU$899.00K (cash AU$-, short-term investments AU$-, receivables AU$899.00K) cover 9 days of daily cash needs of AU$103.25K/day. See working capital to net assets of Comet Ridge Ltd to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

9 days
Days of operational coverage

Defensive Assets

AU$899.00K
Cash + ST Investments + Receivables

Daily Cash Need

AU$103.25K
Current Liabilities ÷ 365

Current Liabilities

AU$37.69 Million
AUD

Comet Ridge Ltd Defensive Interval Ratio (2004–2025)

This chart shows how Comet Ridge Ltd's Defensive Interval Ratio has evolved across 22 annual periods from 2004 to 2025. As of December 2025, the ratio stands at 9 days, meaning defensive assets of AU$899.00K can fund 9 days of operations without new revenue. See COI equity financing ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Comet Ridge Ltd (2004–2025)

The table below presents the year-by-year Defensive Interval Ratio for Comet Ridge Ltd from 2004 to 2025, covering 22 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 COI stock market capitalisation.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2025 2 days AU$166.00K AU$95.30K/day AU$- AU$0.00 ▲ +0 days
2024 1 days AU$125.00K AU$99.82K/day AU$- AU$- ▼ -8 days
2023 9 days AU$868.00K AU$93.45K/day AU$- AU$- ▲ +8 days
2022 1 days AU$140.00K AU$132.30K/day AU$- AU$- ▼ 0 days
2021 1 days AU$90.00K AU$67.71K/day AU$- AU$- ▼ -260 days
2020 261 days AU$1.38 Million AU$5.30K/day AU$- AU$- ▼ -53876 days
2019 54137 days AU$481.00K AU$8.88/day AU$- AU$- ▼ -163953 days
2018 218090 days AU$1.05 Million AU$4.83/day AU$- AU$445.00K ▲ +33672 days
2017 184418 days AU$1.11 Million AU$6.00/day AU$- AU$383.00K ▲ +17765 days
2016 166653 days AU$489.00K AU$2.93/day AU$- AU$403.00K ▲ +49029 days
2015 117624 days AU$514.00K AU$4.37/day AU$- AU$403.00K ▲ +14338 days
2014 103286 days AU$1.36 Million AU$13.20/day AU$- AU$403.00K ▲ +103209 days
2013 77 days AU$1.21 Million AU$15.74K/day AU$- AU$395.00K ▼ -124 days
2012 201 days AU$345.20K AU$1.72K/day AU$- AU$195.00K ▲ +108 days
2011 92 days AU$441.22K AU$4.78K/day AU$- AU$195.00K ▼ -660 days
2010 752 days AU$7.10 Million AU$9.44K/day AU$- AU$5.13 Million ▲ +523 days
2009 229 days AU$1.13 Million AU$4.96K/day AU$- AU$- ▼ -157 days
2008 386 days AU$1.27 Million AU$3.30K/day AU$- AU$- ▼ -472 days
2007 857 days AU$3.95 Million AU$4.61K/day AU$- AU$29.79K ▲ +339 days
2006 519 days AU$574.68K AU$1.11K/day AU$- AU$56.94K ▲ +469 days
2005 50 days AU$23.80K AU$477.47/day AU$- AU$- ▼ -73 days
2004 122 days AU$78.00K AU$636.73/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)