GAS2GRID Ltd (GGX) — Defensive Interval Ratio

Latest as of December 2024: 2 days

GAS2GRID Ltd (GGX) has a Defensive Interval Ratio of 2 days as of December 2024. Defensive assets of AU$10.09K (cash AU$-, short-term investments AU$-, receivables AU$10.09K) cover 2 days of daily cash needs of AU$4.94K/day. Check GAS2GRID Ltd (GGX) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

AU$10.09K
Cash + ST Investments + Receivables

Daily Cash Need

AU$4.94K
Current Liabilities ÷ 365

Current Liabilities

AU$1.80 Million
AUD

GAS2GRID Ltd Defensive Interval Ratio (2005–2024)

This chart shows how GAS2GRID Ltd's Defensive Interval Ratio has evolved across 20 annual periods from 2005 to 2024. As of December 2024, the ratio stands at 2 days, meaning defensive assets of AU$10.09K can fund 2 days of operations without new revenue. Also explore how fast is GAS2GRID Ltd growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for GAS2GRID Ltd (2005–2024)

The table below presents the year-by-year Defensive Interval Ratio for GAS2GRID Ltd from 2005 to 2024, covering 20 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 GAS2GRID Ltd market cap and net worth.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 3 days AU$11.52K AU$4.06K/day AU$- AU$- ▼ -1 days
2023 4 days AU$16.42K AU$4.34K/day AU$- AU$- ▲ +0 days
2022 4 days AU$16.42K AU$4.60K/day AU$- AU$- ▲ +3 days
2021 1 days AU$18.85K AU$36.50K/day AU$- AU$- ▼ -4 days
2020 5 days AU$10.32K AU$2.23K/day AU$- AU$- ▼ -93 days
2019 98 days AU$15.36K AU$157.18/day AU$- AU$- ▲ +38 days
2018 60 days AU$9.94K AU$166.41/day AU$- AU$- ▲ +26 days
2017 34 days AU$8.14K AU$240.72/day AU$- AU$0.00 ▼ -247 days
2016 281 days AU$136.97K AU$487.32/day AU$- AU$61.07K ▲ +184 days
2015 97 days AU$106.53K AU$1.10K/day AU$- AU$61.10K ▲ +70 days
2014 27 days AU$79.76K AU$2.98K/day AU$- AU$65.26K ▲ +18 days
2013 9 days AU$92.78K AU$10.59K/day AU$- AU$61.10K ▼ -26 days
2012 35 days AU$61.42K AU$1.76K/day AU$- AU$2.15K ▼ -40 days
2011 75 days AU$112.40K AU$1.51K/day AU$- AU$2.15K ▲ +2 days
2010 73 days AU$164.25K AU$2.26K/day AU$- AU$2.53K ▼ -49 days
2009 122 days AU$112.82K AU$924.81/day AU$- AU$2.60K ▲ +5 days
2008 117 days AU$186.15K AU$1.59K/day AU$- AU$2.37K ▲ +114 days
2007 3 days AU$14.31K AU$4.16K/day AU$- AU$2.59K ▼ -12 days
2006 15 days AU$26.30K AU$1.73K/day AU$- AU$2.53K ▼ -49 days
2005 64 days AU$39.49K AU$614.71/day AU$- AU$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)