Nickel Industries Ltd (NIC) — Defensive Interval Ratio

Latest as of June 2026: 355 days

Nickel Industries Ltd (NIC) has a Defensive Interval Ratio of 355 days as of June 2026. Defensive assets of AU$293.29 Million (cash AU$-, short-term investments AU$-, receivables AU$293.29 Million) cover 355 days of daily cash needs of AU$827.27K/day.

Defensive Interval Ratio

355 days
Days of operational coverage

Defensive Assets

AU$293.29 Million
Cash + ST Investments + Receivables

Daily Cash Need

AU$827.27K
Current Liabilities ÷ 365

Current Liabilities

AU$301.95 Million
AUD

Nickel Industries Ltd Defensive Interval Ratio (2014–2025)

This chart shows how Nickel Industries Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of June 2026, the ratio stands at 355 days, meaning defensive assets of AU$293.29 Million can fund 355 days of operations without new revenue. For the complete balance sheet picture, see NIC total asset value.

Annual Defensive Interval Ratio for Nickel Industries Ltd (2014–2025)

The table below presents the year-by-year Defensive Interval Ratio for Nickel Industries 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 Nickel Industries Ltd current assets vs equity 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 509 days AU$872.54 Million AU$1.71 Million/day AU$323.33 Million AU$- ▼ -75 days
2024 584 days AU$568.10 Million AU$972.54K/day AU$210.95 Million AU$11.51 Million ▼ -259 days
2023 843 days AU$1.10 Billion AU$1.31 Million/day AU$284.05 Million AU$490.91 Million ▲ +174 days
2022 669 days AU$379.86 Million AU$568.16K/day AU$144.24 Million AU$- ▼ -890 days
2021 1559 days AU$228.53 Million AU$146.61K/day AU$137.86 Million AU$- ▼ -2084 days
2020 3643 days AU$441.75 Million AU$121.25K/day AU$351.45 Million AU$- ▲ +2720 days
2019 923 days AU$147.08 Million AU$159.36K/day AU$49.82 Million AU$- ▲ +306 days
2018 617 days AU$79.53 Million AU$128.98K/day AU$49.00 Million AU$- ▲ +507 days
2017 109 days AU$1.19 Million AU$10.89K/day AU$806.57K AU$- ▲ +98 days
2016 11 days AU$566.88K AU$50.14K/day AU$278.78K AU$- ▼ -17 days
2015 28 days AU$835.57K AU$29.61K/day AU$- AU$- ▲ +19 days
2014 9 days AU$224.27K AU$24.25K/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)