Spartan Resources Ltd (SPR) — Defensive Interval Ratio

Latest as of December 2024: 78 days

Spartan Resources Ltd (SPR) has a Defensive Interval Ratio of 78 days as of December 2024. Defensive assets of AU$1.68 Million (cash AU$-, short-term investments AU$-, receivables AU$1.68 Million) cover 78 days of daily cash needs of AU$21.43K/day. Check Spartan Resources Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

78 days
Days of operational coverage

Defensive Assets

AU$1.68 Million
Cash + ST Investments + Receivables

Daily Cash Need

AU$21.43K
Current Liabilities ÷ 365

Current Liabilities

AU$7.82 Million
AUD

Spartan Resources Ltd Defensive Interval Ratio (2010–2024)

This chart shows how Spartan Resources Ltd's Defensive Interval Ratio has evolved across 15 annual periods from 2010 to 2024. As of December 2024, the ratio stands at 78 days, meaning defensive assets of AU$1.68 Million can fund 78 days of operations without new revenue. Also explore Spartan Resources Ltd annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Spartan Resources Ltd (2010–2024)

The table below presents the year-by-year Defensive Interval Ratio for Spartan Resources Ltd from 2010 to 2024, covering 15 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 SPR market cap overview.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 23 days AU$303.00K AU$13.44K/day AU$- AU$- ▼ -20 days
2023 42 days AU$753.00K AU$17.74K/day AU$- AU$- ▲ +20 days
2022 23 days AU$1.51 Million AU$65.85K/day AU$- AU$- ▼ -42 days
2021 65 days AU$5.50 Million AU$85.07K/day AU$- AU$- ▲ +54 days
2020 11 days AU$4.20 Million AU$392.04K/day AU$- AU$- ▲ +3 days
2019 8 days AU$2.97 Million AU$376.09K/day AU$- AU$- ▼ -13 days
2018 21 days AU$2.58 Million AU$123.17K/day AU$- AU$- ▼ -42 days
2017 63 days AU$1.26 Million AU$19.99K/day AU$- AU$0.00 ▼ -2648 days
2016 2712 days AU$15.11 Million AU$5.57K/day AU$14.88 Million AU$- ▲ +2689 days
2015 22 days AU$38.05K AU$1.70K/day AU$- AU$- ▼ -2 days
2014 24 days AU$50.38K AU$2.09K/day AU$- AU$- ▼ -54 days
2013 78 days AU$189.15K AU$2.44K/day AU$- AU$- ▲ +16 days
2012 62 days AU$347.01K AU$5.60K/day AU$- AU$- ▼ -111 days
2011 173 days AU$168.53K AU$973.33/day AU$- AU$- ▲ +141 days
2010 32 days AU$34.87K AU$1.10K/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)