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. See how liquid is NGX Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
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. See NGX Ltd net asset quality index to measure how much of total assets are equity-financed.
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. For live market cap and the full company financial profile, see NGX Ltd market capitalisation.
| 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$- | — |