Next Science Ltd (NXS) — Defensive Interval Ratio

Latest as of June 2025: 342 days

Next Science Ltd (NXS) has a Defensive Interval Ratio of 342 days as of June 2025. Defensive assets of AU$4.53 Million (cash AU$-, short-term investments AU$-, receivables AU$4.53 Million) cover 342 days of daily cash needs of AU$13.25K/day. Check NXS goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

342 days
Days of operational coverage

Defensive Assets

AU$4.53 Million
Cash + ST Investments + Receivables

Daily Cash Need

AU$13.25K
Current Liabilities ÷ 365

Current Liabilities

AU$4.84 Million
AUD

Next Science Ltd Defensive Interval Ratio (2016–2024)

This chart shows how Next Science Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 342 days, meaning defensive assets of AU$4.53 Million can fund 342 days of operations without new revenue. Also explore net asset growth rate of Next Science Ltd to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Next Science Ltd (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Next Science 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 live market cap and the full company financial profile, see market cap of Next Science Ltd.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 378 days AU$3.34 Million AU$8.82K/day AU$- AU$0.00 ▲ +33 days
2023 345 days AU$3.63 Million AU$10.51K/day AU$- AU$37.82K ▲ +96 days
2022 249 days AU$1.78 Million AU$7.14K/day AU$- AU$37.79K ▼ -44 days
2021 293 days AU$1.23 Million AU$4.21K/day AU$- AU$366.00K ▼ -904 days
2020 1197 days AU$10.58 Million AU$8.84K/day AU$- AU$7.24 Million ▼ -1252 days
2019 2449 days AU$11.53 Million AU$4.71K/day AU$- AU$10.38 Million ▲ +2256 days
2018 193 days AU$606.25K AU$3.14K/day AU$- AU$- ▲ +192 days
2017 1 days AU$1.75K AU$1.52K/day AU$- AU$- ▼ -27 days
2016 28 days AU$19.04K AU$680.05/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)