Norwest Minerals Ltd (NWM) — Defensive Interval Ratio
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. See NWM working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. See Norwest Minerals Ltd balance sheet independence to measure how much of total assets are equity-financed.
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 how much is Norwest Minerals Ltd 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$0.00 | AU$- | — |