NGX Ltd (NGX) — Defensive Interval Ratio
NGX Ltd (NGX) has a Defensive Interval Ratio of 185 days as of June 2024. Defensive assets of AU$70.66K (cash AU$-, short-term investments AU$-, receivables AU$70.66K) cover 185 days of daily cash needs of AU$382.16/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
NGX Ltd Defensive Interval Ratio (2023–2024)
This chart shows how NGX Ltd's Defensive Interval Ratio has evolved across 2 annual periods from 2023 to 2024. As of June 2024, the ratio stands at 185 days, meaning defensive assets of AU$70.66K can fund 185 days of operations without new revenue. For the complete balance sheet picture, see NGX Ltd balance sheet assets.
Annual Defensive Interval Ratio for NGX Ltd (2023–2024)
The table below presents the year-by-year Defensive Interval Ratio for NGX Ltd from 2023 to 2024, covering 2 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 position of NGX 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) |
|---|---|---|---|---|---|---|
| 2024 | 185 days | AU$70.66K | AU$382.16/day | AU$- | AU$- | ▲ +144 days |
| 2023 | 41 days | AU$38.91K | AU$959.48/day | AU$- | AU$- | — |