Firetail Resources Ltd (FTL) — Defensive Interval Ratio
Firetail Resources Ltd (FTL) has a Defensive Interval Ratio of 691 days as of December 2024. Defensive assets of AU$1.78 Million (cash AU$1.02 Million, short-term investments AU$-, receivables AU$760.37K) cover 691 days of daily cash needs of AU$2.58K/day. See Firetail Resources Ltd (FTL) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Firetail Resources Ltd Defensive Interval Ratio (2022–2024)
This chart shows how Firetail Resources Ltd's Defensive Interval Ratio has evolved across 3 annual periods from 2022 to 2024. As of December 2024, the ratio stands at 691 days, meaning defensive assets of AU$1.78 Million can fund 691 days of operations without new revenue. See FTL equity to assets ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Firetail Resources Ltd (2022–2024)
The table below presents the year-by-year Defensive Interval Ratio for Firetail Resources Ltd from 2022 to 2024, covering 3 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 Firetail Resources Ltd market cap and net worth.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 2299 days | AU$4.74 Million | AU$2.06K/day | AU$4.70 Million | AU$- | ▼ -950 days |
| 2023 | 3249 days | AU$5.13 Million | AU$1.58K/day | AU$5.09 Million | AU$- | ▼ -4062 days |
| 2022 | 7311 days | AU$7.49 Million | AU$1.02K/day | AU$7.36 Million | AU$- | — |