Latrobe Magnesium Ltd (LMG) — Defensive Interval Ratio
Latrobe Magnesium Ltd (LMG) has a Defensive Interval Ratio of 191 days as of December 2025. Defensive assets of AU$3.78 Million (cash AU$-, short-term investments AU$-, receivables AU$3.78 Million) cover 191 days of daily cash needs of AU$19.78K/day. Check tangible equity quality of Latrobe Magnesium Ltd to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Latrobe Magnesium Ltd Defensive Interval Ratio (1989–2025)
This chart shows how Latrobe Magnesium Ltd's Defensive Interval Ratio has evolved across 37 annual periods from 1989 to 2025. As of December 2025, the ratio stands at 191 days, meaning defensive assets of AU$3.78 Million can fund 191 days of operations without new revenue. Also explore Latrobe Magnesium Ltd net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Latrobe Magnesium Ltd (1989–2025)
The table below presents the year-by-year Defensive Interval Ratio for Latrobe Magnesium Ltd from 1989 to 2025, covering 37 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 Latrobe Magnesium Ltd market capitalisation.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 222 days | AU$6.52 Million | AU$29.36K/day | AU$- | AU$89.78K | ▼ -113 days |
| 2024 | 335 days | AU$16.25 Million | AU$48.54K/day | AU$- | AU$14.60K | ▲ +35 days |
| 2023 | 300 days | AU$13.88 Million | AU$46.26K/day | AU$- | AU$30.00K | ▼ -1590 days |
| 2022 | 1890 days | AU$18.74 Million | AU$9.92K/day | AU$15.25 Million | AU$46.12K | ▲ +1700 days |
| 2021 | 190 days | AU$1.86 Million | AU$9.75K/day | AU$954.25K | AU$- | ▼ -600 days |
| 2020 | 790 days | AU$8.87 Million | AU$11.23K/day | AU$38.53K | AU$- | ▼ -162305 days |
| 2019 | 163096 days | AU$1.23 Million | AU$7.52/day | AU$401.75K | AU$- | ▼ -115167 days |
| 2018 | 278262 days | AU$1.12 Million | AU$4.02/day | AU$51.09K | AU$- | ▼ -727684 days |
| 2017 | 1005947 days | AU$2.20 Million | AU$2.19/day | AU$1.13 Million | AU$- | ▲ +602936 days |
| 2016 | 403011 days | AU$668.60K | AU$1.66/day | AU$13.95K | AU$- | ▼ -312243 days |
| 2015 | 715253 days | AU$516.51K | AU$0.72/day | AU$- | AU$- | ▲ +345878 days |
| 2014 | 369376 days | AU$479.41K | AU$1.30/day | AU$- | AU$- | ▲ +369126 days |
| 2013 | 249 days | AU$502.13K | AU$2.01K/day | AU$- | AU$- | ▼ -2173 days |
| 2012 | 2422 days | AU$736.88K | AU$304.19/day | AU$- | AU$- | ▲ +749 days |
| 2011 | 1673 days | AU$291.55K | AU$174.25/day | AU$- | AU$- | ▲ +1421 days |
| 2010 | 252 days | AU$135.85K | AU$538.26/day | AU$- | AU$- | ▼ -279 days |
| 2009 | 531 days | AU$149.31K | AU$281.09/day | AU$- | AU$- | ▲ +518 days |
| 2008 | 13 days | AU$1.76K | AU$131.38/day | AU$- | AU$- | ▼ -25 days |
| 2007 | 39 days | AU$3.35K | AU$86.86/day | AU$- | AU$- | ▼ -177 days |
| 2006 | 216 days | AU$48.77K | AU$226.22/day | AU$- | AU$- | ▲ +146 days |
| 2005 | 70 days | AU$32.98K | AU$471.53/day | AU$- | AU$- | ▲ +33 days |
| 2004 | 37 days | AU$23.31K | AU$623.71/day | AU$- | AU$- | ▼ -121 days |
| 2003 | 159 days | AU$179.06K | AU$1.13K/day | AU$- | AU$- | ▼ -831 days |
| 2002 | 990 days | AU$986.56K | AU$996.23/day | AU$- | AU$- | ▼ -760 days |
| 2001 | 1750 days | AU$796.66K | AU$455.24/day | AU$- | AU$45.02K | ▼ -3502 days |
| 2000 | 5252 days | AU$5.22 Million | AU$994.76/day | AU$- | AU$15.79K | ▲ +5201 days |
| 1999 | 50 days | AU$82.56K | AU$1.64K/day | AU$- | AU$15.79K | ▼ -316 days |
| 1998 | 366 days | AU$124.61K | AU$340.32/day | AU$- | AU$15.79K | ▲ +270 days |
| 1997 | 96 days | AU$79.79K | AU$828.23/day | AU$- | AU$15.79K | ▼ -339 days |
| 1996 | 435 days | AU$759.56K | AU$1.74K/day | AU$- | AU$15.79K | ▲ +323 days |
| 1995 | 112 days | AU$59.00K | AU$526.03/day | AU$- | AU$16.00K | ▲ +38 days |
| 1994 | 74 days | AU$67.00K | AU$901.37/day | AU$- | AU$16.00K | ▼ -602 days |
| 1993 | 676 days | AU$278.00K | AU$410.96/day | AU$- | AU$10.00K | ▲ +333 days |
| 1992 | 344 days | AU$48.00K | AU$139.73/day | AU$- | AU$- | ▼ -2241 days |
| 1991 | 2584 days | AU$354.00K | AU$136.99/day | AU$- | AU$8.00K | ▲ +2011 days |
| 1990 | 574 days | AU$154.00K | AU$268.49/day | AU$- | AU$- | ▲ +319 days |
| 1989 | 255 days | AU$30.00K | AU$117.81/day | AU$- | AU$- | — |