New World Resources Ltd (NWC) — Defensive Interval Ratio

Latest as of December 2024: 82 days

New World Resources Ltd (NWC) has a Defensive Interval Ratio of 82 days as of December 2024. Defensive assets of AU$390.55K (cash AU$-, short-term investments AU$-, receivables AU$390.55K) cover 82 days of daily cash needs of AU$4.79K/day. Check tangible net worth ratio of New World Resources Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

82 days
Days of operational coverage

Defensive Assets

AU$390.55K
Cash + ST Investments + Receivables

Daily Cash Need

AU$4.79K
Current Liabilities ÷ 365

Current Liabilities

AU$1.75 Million
AUD

New World Resources Ltd Defensive Interval Ratio (2005–2024)

This chart shows how New World Resources Ltd's Defensive Interval Ratio has evolved across 20 annual periods from 2005 to 2024. As of December 2024, the ratio stands at 82 days, meaning defensive assets of AU$390.55K can fund 82 days of operations without new revenue. Also explore net asset momentum of New World Resources Ltd to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for New World Resources Ltd (2005–2024)

The table below presents the year-by-year Defensive Interval Ratio for New World Resources Ltd from 2005 to 2024, covering 20 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 New World Resources Ltd market capitalisation.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 65 days AU$575.46K AU$8.83K/day AU$- AU$- ▼ -564 days
2023 629 days AU$3.35 Million AU$5.32K/day AU$2.62 Million AU$- ▼ -54 days
2022 683 days AU$4.69 Million AU$6.86K/day AU$4.36 Million AU$- ▼ -11495 days
2021 12178 days AU$23.48 Million AU$1.93K/day AU$23.08 Million AU$- ▲ +10998 days
2020 1180 days AU$1.21 Million AU$1.03K/day AU$1.00 Million AU$- ▼ -1918 days
2019 3098 days AU$1.93 Million AU$621.57/day AU$1.74 Million AU$- ▲ +452 days
2018 2647 days AU$2.61 Million AU$987.54/day AU$2.47 Million AU$- ▼ -2133 days
2017 4780 days AU$3.32 Million AU$694.20/day AU$3.22 Million AU$- ▲ +4489 days
2016 291 days AU$333.57K AU$1.15K/day AU$164.41K AU$- ▲ +249 days
2015 42 days AU$59.00K AU$1.41K/day AU$- AU$- ▼ -8 days
2014 50 days AU$78.87K AU$1.57K/day AU$- AU$- ▲ +45 days
2013 5 days AU$11.44K AU$2.12K/day AU$- AU$- ▼ -3 days
2012 9 days AU$13.95K AU$1.60K/day AU$- AU$- ▼ -6 days
2011 15 days AU$75.49K AU$5.19K/day AU$- AU$- ▼ -596 days
2010 611 days AU$599.10K AU$981.13/day AU$- AU$- ▲ +575 days
2009 35 days AU$62.80K AU$1.77K/day AU$- AU$- ▲ +22 days
2008 13 days AU$80.14K AU$5.96K/day AU$- AU$- ▼ -110 days
2007 124 days AU$109.40K AU$885.74/day AU$- AU$- ▲ +53 days
2006 71 days AU$25.84K AU$364.23/day AU$- AU$- ▲ +57 days
2005 14 days AU$1.23K AU$87.11/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)