Horizon Gold Ltd (HRN) — Defensive Interval Ratio

Latest as of December 2025: 86 days

Horizon Gold Ltd (HRN) has a Defensive Interval Ratio of 86 days as of December 2025. Defensive assets of AU$274.00K (cash AU$-, short-term investments AU$-, receivables AU$274.00K) cover 86 days of daily cash needs of AU$3.18K/day. See Horizon Gold Ltd (HRN) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

86 days
Days of operational coverage

Defensive Assets

AU$274.00K
Cash + ST Investments + Receivables

Daily Cash Need

AU$3.18K
Current Liabilities ÷ 365

Current Liabilities

AU$1.16 Million
AUD

Horizon Gold Ltd Defensive Interval Ratio (2014–2025)

This chart shows how Horizon Gold Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of December 2025, the ratio stands at 86 days, meaning defensive assets of AU$274.00K can fund 86 days of operations without new revenue. See Horizon Gold Ltd balance sheet quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Horizon Gold Ltd (2014–2025)

The table below presents the year-by-year Defensive Interval Ratio for Horizon Gold Ltd from 2014 to 2025, 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 HRN market cap.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2025 37 days AU$243.00K AU$6.54K/day AU$- AU$22.00K ▲ +2 days
2024 35 days AU$38.00K AU$1.08K/day AU$- AU$-1.00 ▼ -18 days
2023 53 days AU$51.00K AU$956.16/day AU$- AU$20.00K ▲ +1 days
2022 53 days AU$149.00K AU$2.84K/day AU$- AU$20.00K ▼ -566 days
2021 619 days AU$1.43 Million AU$2.32K/day AU$1.27 Million AU$- ▼ -1312 days
2020 1930 days AU$4.84 Million AU$2.51K/day AU$177.00K AU$- ▲ +296 days
2019 1634 days AU$1.90 Million AU$1.16K/day AU$1.88 Million AU$- ▼ -2573 days
2018 4207 days AU$7.18 Million AU$1.71K/day AU$7.16 Million AU$- ▼ -887 days
2017 5094 days AU$11.17 Million AU$2.19K/day AU$- AU$11.12 Million ▲ +3720 days
2016 1374 days AU$128.00K AU$93.15/day AU$- AU$- ▲ +1374 days
2015 0 days AU$37.00K AU$109.09K/day AU$- AU$- ▲ +0 days
2014 0 days AU$30.00K AU$103.75K/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)