Heramed Ltd (HMD) — Defensive Interval Ratio

Latest as of June 2025: 68 days

Heramed Ltd (HMD) has a Defensive Interval Ratio of 68 days as of June 2025. Defensive assets of AU$62.99K (cash AU$-, short-term investments AU$-, receivables AU$62.99K) cover 68 days of daily cash needs of AU$923.66/day. Check Heramed Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

68 days
Days of operational coverage

Defensive Assets

AU$62.99K
Cash + ST Investments + Receivables

Daily Cash Need

AU$923.66
Current Liabilities ÷ 365

Current Liabilities

AU$337.13K
AUD

Heramed Ltd Defensive Interval Ratio (2016–2024)

This chart shows how Heramed Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 68 days, meaning defensive assets of AU$62.99K can fund 68 days of operations without new revenue. Also explore HMD net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Heramed Ltd (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Heramed Ltd from 2016 to 2024, covering 9 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 HMD market cap.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 104 days AU$185.19K AU$1.79K/day AU$- AU$23.01K ▼ -29 days
2023 133 days AU$373.14K AU$2.82K/day AU$- AU$29.38K ▲ +42 days
2022 90 days AU$196.74K AU$2.18K/day AU$- AU$22.51K ▲ +80 days
2021 10 days AU$115.66K AU$11.32K/day AU$- AU$25.27K ▼ -113 days
2020 123 days AU$173.99K AU$1.41K/day AU$- AU$39.06K ▼ -43 days
2019 167 days AU$246.27K AU$1.48K/day AU$- AU$36.61K ▲ +71 days
2018 95 days AU$100.89K AU$1.06K/day AU$- AU$6.86K ▲ +79 days
2017 17 days AU$16.50K AU$998.27/day AU$- AU$5.00K ▼ -54 days
2016 70 days AU$75.58K AU$1.08K/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)