SQX Resources Ltd (SQX) — Defensive Interval Ratio

Latest as of December 2024: 121 days

SQX Resources Ltd (SQX) has a Defensive Interval Ratio of 121 days as of December 2024. Defensive assets of AU$28.98K (cash AU$-, short-term investments AU$-, receivables AU$28.98K) cover 121 days of daily cash needs of AU$239.01/day. Check tangible equity quality of SQX Resources Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

121 days
Days of operational coverage

Defensive Assets

AU$28.98K
Cash + ST Investments + Receivables

Daily Cash Need

AU$239.01
Current Liabilities ÷ 365

Current Liabilities

AU$87.24K
AUD

SQX Resources Ltd Defensive Interval Ratio (2023–2024)

This chart shows how SQX Resources Ltd's Defensive Interval Ratio has evolved across 2 annual periods from 2023 to 2024. As of December 2024, the ratio stands at 121 days, meaning defensive assets of AU$28.98K can fund 121 days of operations without new revenue. Also explore net asset momentum of SQX Resources Ltd to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for SQX Resources Ltd (2023–2024)

The table below presents the year-by-year Defensive Interval Ratio for SQX Resources Ltd from 2023 to 2024, covering 2 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 SQX Resources Ltd market capitalisation.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 27 days AU$7.50K AU$276.53/day AU$- AU$- ▼ -318 days
2023 345 days AU$90.66K AU$263.01/day AU$- AU$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)