Micro-X Ltd (MX1) — Defensive Interval Ratio

Latest as of December 2025: 353 days

Micro-X Ltd (MX1) has a Defensive Interval Ratio of 353 days as of December 2025. Defensive assets of AU$8.49 Million (cash AU$4.90 Million, short-term investments AU$-, receivables AU$3.60 Million) cover 353 days of daily cash needs of AU$24.10K/day.

Defensive Interval Ratio

353 days
Days of operational coverage

Defensive Assets

AU$8.49 Million
Cash + ST Investments + Receivables

Daily Cash Need

AU$24.10K
Current Liabilities ÷ 365

Current Liabilities

AU$8.79 Million
AUD

Micro-X Ltd Defensive Interval Ratio (2014–2025)

This chart shows how Micro-X Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of December 2025, the ratio stands at 353 days, meaning defensive assets of AU$8.49 Million can fund 353 days of operations without new revenue. For the complete balance sheet picture, see how large is Micro-X Ltd's balance sheet.

Annual Defensive Interval Ratio for Micro-X Ltd (2014–2025)

The table below presents the year-by-year Defensive Interval Ratio for Micro-X Ltd from 2014 to 2025, 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. See working capital to net assets of Micro-X Ltd to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2025 373 days AU$11.56 Million AU$30.98K/day AU$3.24 Million AU$- ▼ -193 days
2024 566 days AU$13.38 Million AU$23.65K/day AU$3.23 Million AU$- ▲ +30 days
2023 536 days AU$12.22 Million AU$22.79K/day AU$5.22 Million AU$- ▼ -256 days
2022 792 days AU$14.06 Million AU$17.75K/day AU$10.30 Million AU$- ▼ -1972 days
2021 2764 days AU$32.61 Million AU$11.80K/day AU$30.14 Million AU$- ▲ +1782 days
2020 982 days AU$23.52 Million AU$23.96K/day AU$18.32 Million AU$- ▲ +891 days
2019 90 days AU$1.87 Million AU$20.80K/day AU$1.61 Million AU$0.00 ▼ -75 days
2018 165 days AU$4.61 Million AU$27.90K/day AU$4.07 Million AU$4.00K ▼ -41 days
2017 206 days AU$5.78 Million AU$27.99K/day AU$5.57 Million AU$4.00K ▲ +206 days
2016 1 days AU$10.00K AU$16.53K/day AU$- AU$- ▼ -45 days
2015 46 days AU$336.83K AU$7.40K/day AU$- AU$- ▲ +31 days
2014 14 days AU$17.00K AU$1.19K/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)