Reward Minerals Ltd (RWD) — Defensive Interval Ratio
Reward Minerals Ltd (RWD) has a Defensive Interval Ratio of 85 days as of June 2025. Defensive assets of AU$1.74 Million (cash AU$1.74 Million, short-term investments AU$-, receivables AU$4.68K) cover 85 days of daily cash needs of AU$20.54K/day. Check tangible net worth ratio of Reward Minerals Ltd to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Reward Minerals Ltd Defensive Interval Ratio (1988–2024)
This chart shows how Reward Minerals Ltd's Defensive Interval Ratio has evolved across 29 annual periods from 1988 to 2024. As of June 2025, the ratio stands at 85 days, meaning defensive assets of AU$1.74 Million can fund 85 days of operations without new revenue. Also explore Reward Minerals Ltd (RWD) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Reward Minerals Ltd (1988–2024)
The table below presents the year-by-year Defensive Interval Ratio for Reward Minerals Ltd from 1988 to 2024, covering 29 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 Reward Minerals Ltd market capitalisation.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 128 days | AU$2.46 Million | AU$19.26K/day | AU$2.21 Million | AU$- | ▲ +33 days |
| 2023 | 95 days | AU$1.12 Million | AU$11.85K/day | AU$1.07 Million | AU$- | ▼ -63 days |
| 2022 | 157 days | AU$1.75 Million | AU$11.14K/day | AU$1.70 Million | AU$- | ▼ -192 days |
| 2021 | 350 days | AU$3.22 Million | AU$9.21K/day | AU$3.16 Million | AU$- | ▼ -422 days |
| 2020 | 772 days | AU$4.71 Million | AU$6.11K/day | AU$4.65 Million | AU$- | ▲ +110 days |
| 2019 | 661 days | AU$1.72 Million | AU$2.60K/day | AU$1.65 Million | AU$- | ▼ -796 days |
| 2018 | 1458 days | AU$3.31 Million | AU$2.27K/day | AU$3.20 Million | AU$- | ▲ +523 days |
| 2017 | 934 days | AU$1.75 Million | AU$1.88K/day | AU$1.65 Million | AU$- | ▼ -1333 days |
| 2016 | 2267 days | AU$5.12 Million | AU$2.26K/day | AU$4.96 Million | AU$- | ▲ +2172 days |
| 2015 | 95 days | AU$157.38K | AU$1.65K/day | AU$- | AU$- | ▼ -26 days |
| 2014 | 121 days | AU$237.36K | AU$1.96K/day | AU$- | AU$- | ▲ +99 days |
| 2013 | 22 days | AU$75.51K | AU$3.47K/day | AU$- | AU$- | ▼ -31 days |
| 2012 | 53 days | AU$63.26K | AU$1.19K/day | AU$- | AU$- | ▼ -164 days |
| 2011 | 217 days | AU$461.66K | AU$2.12K/day | AU$- | AU$- | ▼ -67 days |
| 2010 | 284 days | AU$316.63K | AU$1.11K/day | AU$- | AU$- | ▼ -2347 days |
| 2009 | 2631 days | AU$2.60 Million | AU$986.85/day | AU$- | AU$1.25 Million | ▲ +2465 days |
| 2008 | 166 days | AU$376.69K | AU$2.27K/day | AU$- | AU$- | ▼ -343 days |
| 2007 | 509 days | AU$109.64K | AU$215.49/day | AU$- | AU$- | ▲ +319 days |
| 2006 | 190 days | AU$124.67K | AU$655.78/day | AU$- | AU$- | ▲ +87 days |
| 2005 | 103 days | AU$27.01K | AU$261.98/day | AU$- | AU$- | ▼ -743 days |
| 2004 | 846 days | AU$74.59K | AU$88.14/day | AU$- | AU$- | ▲ +783 days |
| 2003 | 64 days | AU$8.79K | AU$137.82/day | AU$- | AU$- | ▲ +55 days |
| 2002 | 9 days | AU$170.00 | AU$18.40/day | AU$- | AU$- | ▲ +5 days |
| 1999 | 4 days | AU$776.00 | AU$198.66/day | AU$- | AU$- | ▼ -22565 days |
| 1994 | 22569 days | AU$742.00K | AU$32.88/day | AU$- | AU$544.00K | ▲ +14399 days |
| 1992 | 8170 days | AU$291.00K | AU$35.62/day | AU$- | AU$11.00K | ▲ +7090 days |
| 1990 | 1080 days | AU$74.00K | AU$68.49/day | AU$- | AU$- | ▼ -9076 days |
| 1989 | 10157 days | AU$1.45 Million | AU$142.47/day | AU$- | AU$- | ▲ +9821 days |
| 1988 | 336 days | AU$2.77 Million | AU$8.24K/day | AU$- | AU$- | — |