DMC Mining Ltd (DMM) — Defensive Interval Ratio

Latest as of December 2024: 19 days

DMC Mining Ltd (DMM) has a Defensive Interval Ratio of 19 days as of December 2024. Defensive assets of AU$81.08K (cash AU$32.61K, short-term investments AU$-, receivables AU$48.47K) cover 19 days of daily cash needs of AU$4.24K/day. Check DMM tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

19 days
Days of operational coverage

Defensive Assets

AU$81.08K
Cash + ST Investments + Receivables

Daily Cash Need

AU$4.24K
Current Liabilities ÷ 365

Current Liabilities

AU$1.55 Million
AUD

DMC Mining Ltd Defensive Interval Ratio (2007–2024)

This chart shows how DMC Mining Ltd's Defensive Interval Ratio has evolved across 7 annual periods from 2007 to 2024. As of December 2024, the ratio stands at 19 days, meaning defensive assets of AU$81.08K can fund 19 days of operations without new revenue. Also explore DMC Mining Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for DMC Mining Ltd (2007–2024)

The table below presents the year-by-year Defensive Interval Ratio for DMC Mining Ltd from 2007 to 2024, covering 7 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 DMC Mining Ltd stock valuation.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 30 days AU$41.19K AU$1.36K/day AU$- AU$- ▼ -195 days
2023 225 days AU$55.22K AU$245.27/day AU$- AU$21.59K ▼ -6826 days
2022 7051 days AU$3.88 Million AU$550.70/day AU$3.84 Million AU$11.19K ▲ +5839 days
2021 1212 days AU$7.33K AU$6.04/day AU$- AU$1.25K ▲ +1182 days
2009 30 days AU$187.00K AU$6.15K/day AU$- AU$160.00K ▼ -45 days
2008 76 days AU$133.00K AU$1.75K/day AU$- AU$60.00K ▲ +76 days
2007 0 days AU$2.00K AU$7.70K/day AU$- AU$0.00
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)