Regional Express Holdings Ltd (REX) — Defensive Interval Ratio

Latest as of December 2023: 167 days

Regional Express Holdings Ltd (REX) has a Defensive Interval Ratio of 167 days as of December 2023. Defensive assets of AU$94.78 Million (cash AU$54.58 Million, short-term investments AU$-, receivables AU$40.20 Million) cover 167 days of daily cash needs of AU$568.48K/day. Check Regional Express Holdings Ltd (REX) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

167 days
Days of operational coverage

Defensive Assets

AU$94.78 Million
Cash + ST Investments + Receivables

Daily Cash Need

AU$568.48K
Current Liabilities ÷ 365

Current Liabilities

AU$207.49 Million
AUD

Regional Express Holdings Ltd Defensive Interval Ratio (2004–2023)

This chart shows how Regional Express Holdings Ltd's Defensive Interval Ratio has evolved across 20 annual periods from 2004 to 2023. As of December 2023, the ratio stands at 167 days, meaning defensive assets of AU$94.78 Million can fund 167 days of operations without new revenue. Also explore Regional Express Holdings Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Regional Express Holdings Ltd (2004–2023)

The table below presents the year-by-year Defensive Interval Ratio for Regional Express Holdings Ltd from 2004 to 2023, covering 20 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 Regional Express Holdings Ltd.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2023 135 days AU$67.20 Million AU$497.40K/day AU$35.57 Million AU$9.14 Million ▼ -14 days
2022 149 days AU$58.61 Million AU$393.48K/day AU$42.22 Million AU$1.93 Million ▼ -63 days
2021 212 days AU$51.26 Million AU$241.36K/day AU$27.80 Million AU$2.05 Million ▲ +135 days
2020 77 days AU$15.22 Million AU$197.04K/day AU$0.00 AU$2.05 Million ▼ -16 days
2019 93 days AU$15.52 Million AU$167.02K/day AU$5.00 Million AU$1.97 Million ▼ -45 days
2018 137 days AU$24.42 Million AU$177.72K/day AU$15.00 Million AU$1.95 Million ▲ +96 days
2017 41 days AU$6.41 Million AU$154.84K/day AU$- AU$140.00K ▲ +2 days
2016 39 days AU$6.31 Million AU$160.31K/day AU$- AU$1.10 Million ▼ -9 days
2015 48 days AU$7.36 Million AU$153.30K/day AU$- AU$40.00K ▼ -10 days
2014 58 days AU$9.64 Million AU$166.58K/day AU$- AU$156.00K ▼ -27 days
2013 85 days AU$12.29 Million AU$144.81K/day AU$- AU$3.83 Million ▲ +16 days
2012 69 days AU$10.34 Million AU$150.26K/day AU$- AU$10.00K ▲ +8 days
2011 61 days AU$8.45 Million AU$138.36K/day AU$- AU$10.00K ▲ +1 days
2010 60 days AU$6.88 Million AU$114.34K/day AU$- AU$10.00K ▲ +4 days
2009 56 days AU$6.57 Million AU$116.73K/day AU$- AU$10.00K ▼ -63 days
2008 119 days AU$15.54 Million AU$130.64K/day AU$- AU$1.05 Million ▲ +27 days
2007 92 days AU$12.74 Million AU$138.13K/day AU$- AU$1.26 Million ▼ -14 days
2006 107 days AU$8.78 Million AU$82.29K/day AU$- AU$1.64 Million ▼ -30 days
2005 137 days AU$9.71 Million AU$70.96K/day AU$- AU$2.41 Million ▲ +49 days
2004 88 days AU$7.63 Million AU$86.78K/day AU$- AU$779.00K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)