Norwest Minerals Ltd (NWM) — Defensive Interval Ratio

Latest as of June 2025: 1645 days

Norwest Minerals Ltd (NWM) has a Defensive Interval Ratio of 1645 days as of June 2025. Defensive assets of AU$4.24 Million (cash AU$4.23 Million, short-term investments AU$-, receivables AU$8.90K) cover 1645 days of daily cash needs of AU$2.58K/day. Check Norwest Minerals Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1645 days
Days of operational coverage

Defensive Assets

AU$4.24 Million
Cash + ST Investments + Receivables

Daily Cash Need

AU$2.58K
Current Liabilities ÷ 365

Current Liabilities

AU$940.49K
AUD

Norwest Minerals Ltd Defensive Interval Ratio (2018–2025)

This chart shows how Norwest Minerals Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2018 to 2025. As of June 2025, the ratio stands at 1645 days, meaning defensive assets of AU$4.24 Million can fund 1645 days of operations without new revenue. Also explore NWM net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Norwest Minerals Ltd (2018–2025)

The table below presents the year-by-year Defensive Interval Ratio for Norwest Minerals Ltd from 2018 to 2025, 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 live market cap and the full company financial profile, see Norwest Minerals Ltd market cap and net worth.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2025 1645 days AU$4.24 Million AU$2.58K/day AU$4.23 Million AU$- ▲ +1525 days
2024 120 days AU$327.09K AU$2.72K/day AU$244.71K AU$- ▼ -480 days
2023 600 days AU$1.08 Million AU$1.81K/day AU$1.01 Million AU$- ▼ -657 days
2022 1257 days AU$1.72 Million AU$1.37K/day AU$1.58 Million AU$- ▲ +684 days
2021 573 days AU$1.25 Million AU$2.18K/day AU$1.09 Million AU$- ▼ -674 days
2020 1247 days AU$1.57 Million AU$1.26K/day AU$1.52 Million AU$- ▼ -1638 days
2019 2885 days AU$3.56 Million AU$1.23K/day AU$3.33 Million AU$- ▲ +2882 days
2018 3 days AU$5.16K AU$1.85K/day AU$- AU$- ▲ +0 days
2018 3 days AU$5.16K AU$1.85K/day AU$0.00 AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)