Lawfinance Ltd (LAW) — Defensive Interval Ratio

Latest as of December 2023: 121 days

Lawfinance Ltd (LAW) has a Defensive Interval Ratio of 121 days as of December 2023. Defensive assets of AU$3.24 Million (cash AU$-, short-term investments AU$-, receivables AU$3.24 Million) cover 121 days of daily cash needs of AU$26.85K/day. Check Lawfinance Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

121 days
Days of operational coverage

Defensive Assets

AU$3.24 Million
Cash + ST Investments + Receivables

Daily Cash Need

AU$26.85K
Current Liabilities ÷ 365

Current Liabilities

AU$9.80 Million
AUD

Lawfinance Ltd Defensive Interval Ratio (1998–2023)

This chart shows how Lawfinance Ltd's Defensive Interval Ratio has evolved across 21 annual periods from 1998 to 2023. As of December 2023, the ratio stands at 121 days, meaning defensive assets of AU$3.24 Million can fund 121 days of operations without new revenue. Also explore LAW net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Lawfinance Ltd (1998–2023)

The table below presents the year-by-year Defensive Interval Ratio for Lawfinance Ltd from 1998 to 2023, covering 21 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 Lawfinance Ltd market capitalisation.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2023 71 days AU$1.92 Million AU$26.85K/day AU$- AU$- ▼ -2 days
2022 74 days AU$11.07 Million AU$150.35K/day AU$1.46 Million AU$684.59K ▼ -46 days
2021 120 days AU$9.68 Million AU$80.76K/day AU$- AU$0.00 ▲ +64 days
2020 55 days AU$15.29 Million AU$275.87K/day AU$- AU$128.00K ▼ -101 days
2019 156 days AU$23.12 Million AU$147.98K/day AU$5.78 Million AU$- ▼ -106 days
2018 262 days AU$22.58 Million AU$86.21K/day AU$3.70 Million AU$- ▼ -54 days
2017 316 days AU$9.84 Million AU$31.15K/day AU$934.00K AU$- ▼ -486 days
2016 802 days AU$23.56 Million AU$29.38K/day AU$5.87 Million AU$0.00 ▲ +530 days
2015 272 days AU$6.40 Million AU$23.51K/day AU$- AU$0.00 ▲ +192 days
2014 81 days AU$13.41K AU$166.19/day AU$- AU$- ▲ +80 days
2013 1 days AU$6.00K AU$10.84K/day AU$- AU$- ▼ -10 days
2012 10 days AU$700.16 AU$67.07/day AU$- AU$- ▼ -141 days
2011 151 days AU$91.26K AU$602.99/day AU$- AU$- ▼ -1245 days
2010 1396 days AU$460.28K AU$329.67/day AU$- AU$- ▲ +186 days
2009 1210 days AU$376.70K AU$311.23/day AU$- AU$- ▲ +567 days
2008 644 days AU$26.14K AU$40.61/day AU$- AU$- ▼ -137 days
2007 781 days AU$16.31K AU$20.88/day AU$- AU$- ▲ +665 days
2001 116 days AU$329.96K AU$2.84K/day AU$- AU$- ▲ +38 days
2000 79 days AU$206.80K AU$2.63K/day AU$- AU$- ▼ -209 days
1999 288 days AU$720.71K AU$2.50K/day AU$- AU$7.25K ▲ +202 days
1998 86 days AU$161.14K AU$1.87K/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)