K-Tig Ltd (KTG) — Defensive Interval Ratio

Latest as of June 2024: 7 days

K-Tig Ltd (KTG) has a Defensive Interval Ratio of 7 days as of June 2024. Defensive assets of AU$85.10K (cash AU$-, short-term investments AU$5.00K, receivables AU$80.10K) cover 7 days of daily cash needs of AU$11.61K/day. Check KTG goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

7 days
Days of operational coverage

Defensive Assets

AU$85.10K
Cash + ST Investments + Receivables

Daily Cash Need

AU$11.61K
Current Liabilities ÷ 365

Current Liabilities

AU$4.24 Million
AUD

K-Tig Ltd Defensive Interval Ratio (2013–2024)

This chart shows how K-Tig Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of June 2024, the ratio stands at 7 days, meaning defensive assets of AU$85.10K can fund 7 days of operations without new revenue. Also explore net asset growth rate of K-Tig Ltd to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for K-Tig Ltd (2013–2024)

The table below presents the year-by-year Defensive Interval Ratio for K-Tig Ltd from 2013 to 2024, 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 K-Tig Ltd market cap and net worth.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 7 days AU$85.10K AU$11.61K/day AU$- AU$5.00K ▼ -23 days
2023 31 days AU$277.21K AU$9.08K/day AU$- AU$40.00K ▼ -106 days
2022 137 days AU$678.86K AU$4.96K/day AU$- AU$40.00K ▼ -64 days
2021 201 days AU$725.12K AU$3.61K/day AU$- AU$40.00K ▼ -1555 days
2020 1755 days AU$3.61 Million AU$2.05K/day AU$3.49 Million AU$- ▲ +1649 days
2019 107 days AU$98.41K AU$921.03/day AU$80.07K AU$- ▼ -1078 days
2018 1185 days AU$537.73K AU$453.81/day AU$530.40K AU$- ▲ +1060 days
2017 125 days AU$139.25K AU$1.12K/day AU$134.35K AU$- ▲ +21 days
2016 104 days AU$147.75K AU$1.42K/day AU$- AU$- ▼ -4052 days
2015 4156 days AU$1.56 Million AU$375.44/day AU$- AU$- ▲ +4107 days
2014 49 days AU$7.67K AU$155.81/day AU$- AU$- ▼ -325 days
2013 374 days AU$28.66K AU$76.53/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)