Lykos Metals Ltd (LYK) — Defensive Interval Ratio

Latest as of April 2024: 42 days

Lykos Metals Ltd (LYK) has a Defensive Interval Ratio of 42 days as of April 2024. Defensive assets of AU$15.56K (cash AU$-, short-term investments AU$-, receivables AU$15.56K) cover 42 days of daily cash needs of AU$366.13/day. Check LYK tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

42 days
Days of operational coverage

Defensive Assets

AU$15.56K
Cash + ST Investments + Receivables

Daily Cash Need

AU$366.13
Current Liabilities ÷ 365

Current Liabilities

AU$133.64K
AUD

Lykos Metals Ltd Defensive Interval Ratio (2021–2024)

This chart shows how Lykos Metals Ltd's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of April 2024, the ratio stands at 42 days, meaning defensive assets of AU$15.56K can fund 42 days of operations without new revenue. Also explore net asset momentum of Lykos Metals Ltd to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Lykos Metals Ltd (2021–2024)

The table below presents the year-by-year Defensive Interval Ratio for Lykos Metals Ltd from 2021 to 2024, covering 4 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 LYK market cap.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 42 days AU$15.56K AU$366.13/day AU$- AU$- ▲ +264 days
2023 -221 days AU$-79.32K AU$358.66/day AU$- AU$- ▼ -15971 days
2022 15750 days AU$7.27 Million AU$461.45/day AU$7.09 Million AU$- ▲ +15744 days
2021 6 days AU$500.00 AU$87.45/day AU$- AU$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)