De Grey Mining Ltd (DEG) — Defensive Interval Ratio

Latest as of December 2024: 11367 days

De Grey Mining Ltd (DEG) has a Defensive Interval Ratio of 11367 days as of December 2024. Defensive assets of AU$755.71 Million (cash AU$-, short-term investments AU$755.54 Million, receivables AU$179.01K) cover 11367 days of daily cash needs of AU$66.48K/day. Check De Grey Mining Ltd (DEG) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

11367 days
Days of operational coverage

Defensive Assets

AU$755.71 Million
Cash + ST Investments + Receivables

Daily Cash Need

AU$66.48K
Current Liabilities ÷ 365

Current Liabilities

AU$24.27 Million
AUD

De Grey Mining Ltd Defensive Interval Ratio (2001–2024)

This chart shows how De Grey Mining Ltd's Defensive Interval Ratio has evolved across 24 annual periods from 2001 to 2024. As of December 2024, the ratio stands at 11367 days, meaning defensive assets of AU$755.71 Million can fund 11367 days of operations without new revenue. Also explore De Grey Mining Ltd annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for De Grey Mining Ltd (2001–2024)

The table below presents the year-by-year Defensive Interval Ratio for De Grey Mining Ltd from 2001 to 2024, covering 24 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 cap of De Grey Mining Ltd.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 2417 days AU$191.13 Million AU$79.07K/day AU$- AU$180.54 Million ▲ +983 days
2023 1435 days AU$102.20 Million AU$71.24K/day AU$100.44 Million AU$- ▲ +228 days
2022 1207 days AU$64.75 Million AU$53.66K/day AU$31.44 Million AU$31.44 Million ▲ +438 days
2021 768 days AU$38.55 Million AU$50.16K/day AU$18.52 Million AU$18.52 Million ▼ -2539 days
2020 3308 days AU$28.19 Million AU$8.52K/day AU$- AU$27.76 Million ▲ +3285 days
2019 22 days AU$856.00K AU$38.40K/day AU$496.44K AU$- ▼ -184 days
2018 207 days AU$1.15 Million AU$5.57K/day AU$1.15 Million AU$- ▼ -153 days
2017 360 days AU$1.01 Million AU$2.81K/day AU$1.01 Million AU$0.00 ▼ -1971 days
2016 2331 days AU$1.21 Million AU$519.77/day AU$1.21 Million AU$0.00 ▲ +2312 days
2015 19 days AU$4.50K AU$240.75/day AU$- AU$- ▼ -16 days
2014 35 days AU$11.08K AU$316.47/day AU$- AU$- ▼ -1 days
2013 36 days AU$28.80K AU$799.64/day AU$- AU$- ▲ +3 days
2012 33 days AU$25.44K AU$759.81/day AU$- AU$- ▼ -36 days
2011 69 days AU$46.10K AU$667.06/day AU$- AU$- ▲ +14 days
2010 55 days AU$75.14K AU$1.35K/day AU$- AU$- ▲ +28 days
2009 28 days AU$23.20K AU$836.41/day AU$- AU$- ▼ -30 days
2008 57 days AU$75.18K AU$1.31K/day AU$- AU$- ▲ +38 days
2007 19 days AU$50.84K AU$2.66K/day AU$- AU$- ▲ +2 days
2006 17 days AU$49.55K AU$2.97K/day AU$- AU$- ▼ -161 days
2005 177 days AU$514.71K AU$2.90K/day AU$- AU$- ▲ +142 days
2004 36 days AU$67.81K AU$1.90K/day AU$- AU$- ▼ -71 days
2003 107 days AU$41.26K AU$385.97/day AU$- AU$- ▲ +75 days
2002 32 days AU$99.00K AU$3.08K/day AU$- AU$- ▲ +17 days
2001 15 days AU$16.00K AU$1.06K/day AU$- AU$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)