Korab Resources Ltd Defensive Interval Ratio

Latest as of June 2024: 144 days

Korab Resources Ltd defensive interval ratio. Korab Resources Ltd (KOR) has a Defensive Interval Ratio of 144 days as of June 2024. Defensive assets of AU$109.25K (cash AU$93.35K, short-term investments AU$-, receivables AU$15.90K) cover 144 days of daily cash needs of AU$759.61/day. See KOR working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

144 days
Days of operational coverage

Defensive Assets

AU$109.25K
Cash + ST Investments + Receivables

Daily Cash Need

AU$759.61
Current Liabilities ÷ 365

Current Liabilities

AU$277.26K
AUD

Defensive Interval Ratio of Korab Resources Ltd (2005–2024)

Defensive interval ratio of Korab Resources Ltd from 2005 to 2024. This chart shows how Korab Resources Ltd's Defensive Interval Ratio has evolved across 20 annual periods from 2005 to 2024. As of June 2024, the ratio stands at 144 days, meaning defensive assets of AU$109.25K can fund 144 days of operations without new revenue. Check asset resilience ratio of Korab Resources Ltd to evaluate the company's liquid asset resilience ratio.

Korab Resources Ltd Defensive Interval Ratio by Year (2005–2024)

Korab Resources Ltd defensive interval ratio by year from 2005 to 2024. The table below presents the year-by-year Defensive Interval Ratio for Korab Resources 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 the complete balance sheet picture, see KOR current and non-current assets.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 144 days AU$109.25K AU$759.61/day AU$93.35K AU$- ▼ -188 days
2023 332 days AU$205.64K AU$619.56/day AU$112.38K AU$- ▼ -782 days
2022 1114 days AU$856.89K AU$769.41/day AU$815.78K AU$- ▲ +973 days
2021 140 days AU$165.18K AU$1.18K/day AU$93.31K AU$- ▼ -16 days
2020 157 days AU$266.30K AU$1.70K/day AU$163.84K AU$- ▲ +76 days
2019 81 days AU$142.14K AU$1.75K/day AU$82.72K AU$- ▲ +32 days
2018 49 days AU$70.78K AU$1.44K/day AU$24.07K AU$- ▼ -214 days
2017 263 days AU$348.96K AU$1.32K/day AU$299.05K AU$- ▲ +215 days
2016 48 days AU$83.67K AU$1.73K/day AU$45.13K AU$- ▲ +31 days
2015 18 days AU$53.62K AU$3.00K/day AU$- AU$- ▼ -140 days
2014 158 days AU$298.15K AU$1.89K/day AU$- AU$- ▲ +39 days
2013 119 days AU$289.55K AU$2.43K/day AU$- AU$- ▼ -2 days
2012 121 days AU$114.53K AU$948.91/day AU$- AU$- ▼ -207 days
2011 328 days AU$491.09K AU$1.50K/day AU$- AU$- ▼ -12 days
2010 340 days AU$234.61K AU$690.50/day AU$- AU$- ▲ +338 days
2009 2 days AU$4.05K AU$2.19K/day AU$- AU$- ▼ -16 days
2008 17 days AU$31.13K AU$1.78K/day AU$- AU$- ▼ -20 days
2007 38 days AU$44.38K AU$1.18K/day AU$- AU$- ▼ -88 days
2006 126 days AU$29.36K AU$233.08/day AU$- AU$- ▲ +116 days
2005 10 days AU$564.00 AU$56.92/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)