Narryer Metals Ltd (NYM) — Defensive Interval Ratio

Latest as of June 2024: 795 days

Narryer Metals Ltd (NYM) has a Defensive Interval Ratio of 795 days as of June 2024. Defensive assets of AU$736.23K (cash AU$687.38K, short-term investments AU$-, receivables AU$48.85K) cover 795 days of daily cash needs of AU$925.74/day. Check tangible net worth ratio of Narryer Metals Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

795 days
Days of operational coverage

Defensive Assets

AU$736.23K
Cash + ST Investments + Receivables

Daily Cash Need

AU$925.74
Current Liabilities ÷ 365

Current Liabilities

AU$337.90K
AUD

Narryer Metals Ltd Defensive Interval Ratio (2021–2025)

This chart shows how Narryer Metals Ltd's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of June 2024, the ratio stands at 795 days, meaning defensive assets of AU$736.23K can fund 795 days of operations without new revenue. Also explore Narryer Metals Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Narryer Metals Ltd (2021–2025)

The table below presents the year-by-year Defensive Interval Ratio for Narryer Metals Ltd from 2021 to 2025, covering 5 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 Narryer Metals Ltd stock valuation.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2025 3606 days AU$1.55 Million AU$429.87/day AU$1.55 Million AU$- ▲ +2811 days
2024 795 days AU$736.23K AU$925.74/day AU$687.38K AU$- ▼ -954 days
2023 1750 days AU$1.15 Million AU$654.76/day AU$1.10 Million AU$- ▼ -6584 days
2022 8333 days AU$4.03 Million AU$483.24/day AU$3.91 Million AU$- ▲ +8305 days
2021 28 days AU$1.09K AU$38.82/day AU$- AU$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)