Platinum Asia Investments Ltd (PAI) — Defensive Interval Ratio

Latest as of December 2024: 85296 days

Platinum Asia Investments Ltd (PAI) has a Defensive Interval Ratio of 85296 days as of December 2024. Defensive assets of AU$397.03 Million (cash AU$-, short-term investments AU$395.92 Million, receivables AU$1.12 Million) cover 85296 days of daily cash needs of AU$4.65K/day. Check PAI tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

85296 days
Days of operational coverage

Defensive Assets

AU$397.03 Million
Cash + ST Investments + Receivables

Daily Cash Need

AU$4.65K
Current Liabilities ÷ 365

Current Liabilities

AU$1.70 Million
AUD

Platinum Asia Investments Ltd Defensive Interval Ratio (2016–2024)

This chart shows how Platinum Asia Investments Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of December 2024, the ratio stands at 85296 days, meaning defensive assets of AU$397.03 Million can fund 85296 days of operations without new revenue. Also explore Platinum Asia Investments Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Platinum Asia Investments Ltd (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Platinum Asia Investments 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 Platinum Asia Investments Ltd.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 138080 days AU$344.25 Million AU$2.49K/day AU$- AU$342.22 Million ▲ +49285 days
2023 88794 days AU$346.66 Million AU$3.90K/day AU$- AU$345.63 Million ▲ +10816 days
2022 77978 days AU$325.16 Million AU$4.17K/day AU$- AU$324.06 Million ▲ +62622 days
2021 15356 days AU$402.70 Million AU$26.22K/day AU$- AU$401.42 Million ▼ -20753 days
2020 36108 days AU$406.19 Million AU$11.25K/day AU$- AU$405.62 Million ▲ +13215 days
2019 22893 days AU$327.02 Million AU$14.28K/day AU$- AU$325.96 Million ▼ -202512 days
2018 225405 days AU$374.85 Million AU$1.66K/day AU$- AU$372.78 Million ▲ +118505 days
2017 106900 days AU$373.42 Million AU$3.49K/day AU$19.61 Million AU$351.92 Million ▲ +67266 days
2016 39633 days AU$228.57 Million AU$5.77K/day AU$- AU$228.10 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)