Errawarra Resources Ltd (ERW) — Defensive Interval Ratio
Errawarra Resources Ltd (ERW) has a Defensive Interval Ratio of 191 days as of December 2024. Defensive assets of AU$223.22K (cash AU$-, short-term investments AU$223.22K, receivables AU$-) cover 191 days of daily cash needs of AU$1.17K/day. Check tangible equity quality of Errawarra Resources Ltd to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Errawarra Resources Ltd Defensive Interval Ratio (2012–2023)
This chart shows how Errawarra Resources Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2012 to 2023. As of December 2024, the ratio stands at 191 days, meaning defensive assets of AU$223.22K can fund 191 days of operations without new revenue. Also explore net asset growth rate of Errawarra Resources Ltd to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Errawarra Resources Ltd (2012–2023)
The table below presents the year-by-year Defensive Interval Ratio for Errawarra Resources Ltd from 2012 to 2023, covering 12 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 Errawarra Resources Ltd.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 512 days | AU$611.75K | AU$1.19K/day | AU$- | AU$294.90K | ▼ -483 days |
| 2022 | 995 days | AU$1.41 Million | AU$1.42K/day | AU$1.26 Million | AU$88.12K | ▼ -828 days |
| 2021 | 1823 days | AU$3.45 Million | AU$1.89K/day | AU$3.30 Million | AU$117.49K | ▼ -2459 days |
| 2020 | 4282 days | AU$3.59 Million | AU$838.15/day | AU$3.38 Million | AU$117.49K | ▲ +2599 days |
| 2019 | 1683 days | AU$90.26K | AU$53.63/day | AU$16.83K | AU$73.43K | ▲ +1629 days |
| 2018 | 54 days | AU$59.90K | AU$1.11K/day | AU$310.00 | AU$58.75K | ▲ +28 days |
| 2017 | 26 days | AU$27.58K | AU$1.07K/day | AU$710.00 | AU$19.72K | ▼ -112 days |
| 2016 | 138 days | AU$94.71K | AU$688.02/day | AU$- | AU$93.12K | ▼ -532 days |
| 2015 | 669 days | AU$256.00K | AU$382.40/day | AU$- | AU$256.00K | ▲ +531 days |
| 2014 | 138 days | AU$32.00K | AU$231.68/day | AU$- | AU$32.00K | ▼ -20 days |
| 2013 | 158 days | AU$80.00K | AU$506.04/day | AU$- | AU$80.00K | ▼ -702 days |
| 2012 | 860 days | AU$253.17K | AU$294.33/day | AU$- | AU$240.00K | — |