Lycaon Resources Ltd (LYN) — Defensive Interval Ratio

Latest as of June 2024: 138 days

Lycaon Resources Ltd (LYN) has a Defensive Interval Ratio of 138 days as of June 2024. Defensive assets of AU$36.77K (cash AU$-, short-term investments AU$-, receivables AU$36.77K) cover 138 days of daily cash needs of AU$266.10/day. Check tangible net worth ratio of Lycaon Resources Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

138 days
Days of operational coverage

Defensive Assets

AU$36.77K
Cash + ST Investments + Receivables

Daily Cash Need

AU$266.10
Current Liabilities ÷ 365

Current Liabilities

AU$97.12K
AUD

Lycaon Resources Ltd Defensive Interval Ratio (2021–2024)

This chart shows how Lycaon Resources Ltd's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2024, the ratio stands at 138 days, meaning defensive assets of AU$36.77K can fund 138 days of operations without new revenue. Also explore LYN net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Lycaon Resources Ltd (2021–2024)

The table below presents the year-by-year Defensive Interval Ratio for Lycaon Resources 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 LYN stock market capitalisation.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 138 days AU$36.77K AU$266.10/day AU$- AU$- ▼ -2628 days
2023 2766 days AU$2.51 Million AU$907.71/day AU$2.48 Million AU$- ▼ -9688 days
2022 12454 days AU$3.60 Million AU$289.26/day AU$3.59 Million AU$- ▼ -268184 days
2021 280638 days AU$350.61K AU$1.25/day AU$340.87K AU$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)