Nobleoak Life Ltd Defensive Interval Ratio
Nobleoak Life Ltd defensive interval ratio. Nobleoak Life Ltd (NOL) has a Defensive Interval Ratio of 432 days as of June 2024. Defensive assets of AU$150.63 Million (cash AU$63.96 Million, short-term investments AU$73.54 Million, receivables AU$13.14 Million) cover 432 days of daily cash needs of AU$348.99K/day. See NOL working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Nobleoak Life Ltd (2016–2024)
Defensive interval ratio of Nobleoak Life Ltd from 2016 to 2024. This chart shows how Nobleoak Life Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2024, the ratio stands at 432 days, meaning defensive assets of AU$150.63 Million can fund 432 days of operations without new revenue. Check NOL financial resilience to evaluate the company's liquid asset resilience ratio.
Nobleoak Life Ltd Defensive Interval Ratio by Year (2016–2024)
Nobleoak Life Ltd defensive interval ratio by year from 2016 to 2024. The table below presents the year-by-year Defensive Interval Ratio for Nobleoak Life Ltd from 2016 to 2024, covering 9 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 the complete balance sheet picture, see Nobleoak Life Ltd (NOL) total assets.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 274 days | AU$85.55 Million | AU$311.96K/day | AU$85.55 Million | AU$- | ▼ -157 days |
| 2023 | 432 days | AU$150.63 Million | AU$348.99K/day | AU$63.96 Million | AU$73.54 Million | ▲ +231 days |
| 2022 | 200 days | AU$162.07 Million | AU$809.79K/day | AU$50.41 Million | AU$87.54 Million | ▼ -53 days |
| 2021 | 254 days | AU$68.20 Million | AU$268.93K/day | AU$30.26 Million | AU$27.56 Million | ▼ -44 days |
| 2020 | 298 days | AU$66.36 Million | AU$222.94K/day | AU$31.84 Million | AU$20.49 Million | ▲ +21 days |
| 2019 | 277 days | AU$48.16 Million | AU$174.04K/day | AU$28.52 Million | AU$7.87 Million | ▼ -2682 days |
| 2018 | 2959 days | AU$17.62 Million | AU$5.96K/day | AU$11.51 Million | AU$- | ▲ +1718 days |
| 2017 | 1241 days | AU$29.09 Million | AU$23.44K/day | AU$8.19 Million | AU$17.71 Million | ▲ +723 days |
| 2016 | 518 days | AU$44.96 Million | AU$86.76K/day | AU$9.70 Million | AU$13.44 Million | — |