Orexplore Technologies Ltd (OXT) — Defensive Interval Ratio

Latest as of December 2023: 97 days

Orexplore Technologies Ltd (OXT) has a Defensive Interval Ratio of 97 days as of December 2023. Defensive assets of AU$436.00K (cash AU$-, short-term investments AU$-, receivables AU$436.00K) cover 97 days of daily cash needs of AU$4.50K/day. Check Orexplore Technologies Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

97 days
Days of operational coverage

Defensive Assets

AU$436.00K
Cash + ST Investments + Receivables

Daily Cash Need

AU$4.50K
Current Liabilities ÷ 365

Current Liabilities

AU$1.64 Million
AUD

Orexplore Technologies Ltd Defensive Interval Ratio (2018–2023)

This chart shows how Orexplore Technologies Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2018 to 2023. As of December 2023, the ratio stands at 97 days, meaning defensive assets of AU$436.00K can fund 97 days of operations without new revenue. Also explore OXT shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Orexplore Technologies Ltd (2018–2023)

The table below presents the year-by-year Defensive Interval Ratio for Orexplore Technologies Ltd from 2018 to 2023, covering 6 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 Orexplore Technologies Ltd (OXT) market capitalisation.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2023 97 days AU$436.00K AU$4.50K/day AU$- AU$- ▼ -34 days
2022 131 days AU$642.00K AU$4.89K/day AU$- AU$- ▲ +130 days
2021 1 days AU$5.00K AU$5.68K/day AU$- AU$- ▲ +95 days
2020 -94 days AU$-291.00K AU$3.08K/day AU$- AU$- ▼ -114 days
2019 20 days AU$276.00K AU$13.98K/day AU$- AU$- ▲ +19 days
2018 1 days AU$10.00K AU$10.39K/day AU$- AU$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)