Northern Minerals Ltd (NTU) — Defensive Interval Ratio

Latest as of June 2025: 6 days

Northern Minerals Ltd (NTU) has a Defensive Interval Ratio of 6 days as of June 2025. Defensive assets of AU$351.26K (cash AU$-, short-term investments AU$-, receivables AU$351.26K) cover 6 days of daily cash needs of AU$59.52K/day. See Northern Minerals Ltd (NTU) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

6 days
Days of operational coverage

Defensive Assets

AU$351.26K
Cash + ST Investments + Receivables

Daily Cash Need

AU$59.52K
Current Liabilities ÷ 365

Current Liabilities

AU$21.72 Million
AUD

Northern Minerals Ltd Defensive Interval Ratio (2007–2025)

This chart shows how Northern Minerals Ltd's Defensive Interval Ratio has evolved across 19 annual periods from 2007 to 2025. As of June 2025, the ratio stands at 6 days, meaning defensive assets of AU$351.26K can fund 6 days of operations without new revenue. See net asset quality index of Northern Minerals Ltd to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Northern Minerals Ltd (2007–2025)

The table below presents the year-by-year Defensive Interval Ratio for Northern Minerals Ltd from 2007 to 2025, covering 19 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 market cap of Northern Minerals Ltd.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2025 367 days AU$21.85 Million AU$59.52K/day AU$- AU$21.50 Million ▲ +278 days
2024 89 days AU$5.54 Million AU$62.19K/day AU$- AU$5.23 Million ▼ -446 days
2023 535 days AU$8.75 Million AU$16.35K/day AU$- AU$8.13 Million ▼ -225 days
2022 761 days AU$4.37 Million AU$5.74K/day AU$- AU$- ▲ +279 days
2021 481 days AU$4.51 Million AU$9.37K/day AU$- AU$- ▲ +175 days
2020 306 days AU$21.65 Million AU$70.74K/day AU$- AU$- ▲ +306 days
2019 0 days AU$1.00 AU$90.70K/day AU$- AU$0.00 ▼ -188 days
2018 188 days AU$23.25 Million AU$123.87K/day AU$- AU$34.82K ▲ +69 days
2017 119 days AU$2.98 Million AU$25.11K/day AU$- AU$142.00K ▼ -54 days
2016 172 days AU$1.86 Million AU$10.78K/day AU$- AU$76.46K ▲ +168 days
2015 4 days AU$105.49K AU$26.21K/day AU$- AU$156.00K ▼ -852 days
2014 856 days AU$9.39 Million AU$10.97K/day AU$- AU$156.00K ▲ +785 days
2013 71 days AU$2.44 Million AU$34.44K/day AU$- AU$720.00K ▲ +46 days
2012 25 days AU$117.46K AU$4.74K/day AU$- AU$- ▲ +1 days
2011 24 days AU$51.86K AU$2.15K/day AU$- AU$- ▼ -34 days
2010 58 days AU$99.33K AU$1.71K/day AU$- AU$15.00K ▲ +15 days
2009 43 days AU$22.80K AU$528.25/day AU$- AU$- ▲ +17 days
2008 27 days AU$13.87K AU$521.74/day AU$- AU$- ▼ -106 days
2007 132 days AU$67.55K AU$511.01/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)