Sipa Resources Ltd (SRI) — Defensive Interval Ratio

Latest as of December 2024: 1086 days

Sipa Resources Ltd (SRI) has a Defensive Interval Ratio of 1086 days as of December 2024. Defensive assets of AU$1.61 Million (cash AU$1.61 Million, short-term investments AU$0.00, receivables AU$-) cover 1086 days of daily cash needs of AU$1.48K/day. Check SRI tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1086 days
Days of operational coverage

Defensive Assets

AU$1.61 Million
Cash + ST Investments + Receivables

Daily Cash Need

AU$1.48K
Current Liabilities ÷ 365

Current Liabilities

AU$540.56K
AUD

Sipa Resources Ltd Defensive Interval Ratio (1989–2024)

This chart shows how Sipa Resources Ltd's Defensive Interval Ratio has evolved across 36 annual periods from 1989 to 2024. As of December 2024, the ratio stands at 1086 days, meaning defensive assets of AU$1.61 Million can fund 1086 days of operations without new revenue. Also explore SRI year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Sipa Resources Ltd (1989–2024)

The table below presents the year-by-year Defensive Interval Ratio for Sipa Resources Ltd from 1989 to 2024, covering 36 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 Sipa Resources Ltd market capitalisation.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 1991 days AU$2.36 Million AU$1.18K/day AU$1.87 Million AU$400.00K ▼ -70 days
2023 2061 days AU$2.18 Million AU$1.06K/day AU$1.86 Million AU$- ▲ +607 days
2022 1454 days AU$3.61 Million AU$2.48K/day AU$3.59 Million AU$- ▼ -1969 days
2021 3423 days AU$3.65 Million AU$1.06K/day AU$3.61 Million AU$0.00 ▼ -1406 days
2020 4829 days AU$3.80 Million AU$786.28/day AU$2.38 Million AU$1.40 Million ▲ +3202 days
2019 1627 days AU$3.98 Million AU$2.45K/day AU$3.91 Million AU$30.00K ▼ -39 days
2018 1665 days AU$2.26 Million AU$1.36K/day AU$2.20 Million AU$30.00K ▲ +252 days
2017 1413 days AU$2.41 Million AU$1.71K/day AU$2.32 Million AU$20.00K ▼ -333 days
2016 1746 days AU$1.63 Million AU$933.36/day AU$1.58 Million AU$20.00K ▲ +1706 days
2015 40 days AU$62.64K AU$1.57K/day AU$- AU$40.00K ▼ -52 days
2014 92 days AU$242.56K AU$2.65K/day AU$- AU$162.37K ▼ -63 days
2013 155 days AU$403.15K AU$2.61K/day AU$- AU$200.37K ▼ -1222 days
2012 1376 days AU$4.45 Million AU$3.24K/day AU$- AU$4.20 Million ▲ +940 days
2011 437 days AU$809.36K AU$1.85K/day AU$- AU$644.00K ▲ +143 days
2010 294 days AU$734.69K AU$2.50K/day AU$- AU$480.00K ▼ -609 days
2009 902 days AU$1.06 Million AU$1.17K/day AU$- AU$841.00K ▲ +110 days
2008 793 days AU$1.24 Million AU$1.56K/day AU$- AU$841.00K ▲ +352 days
2007 440 days AU$2.18 Million AU$4.95K/day AU$- AU$841.00K ▲ +43 days
2006 398 days AU$2.58 Million AU$6.48K/day AU$- AU$1.71 Million ▲ +342 days
2005 56 days AU$108.12K AU$1.93K/day AU$- AU$- ▼ -411 days
2004 467 days AU$1.07 Million AU$2.29K/day AU$- AU$- ▲ +367 days
2003 100 days AU$1.21 Million AU$12.12K/day AU$- AU$669.76K ▼ -367 days
2002 466 days AU$3.83 Million AU$8.20K/day AU$- AU$3.10 Million ▲ +314 days
2001 153 days AU$699.55K AU$4.58K/day AU$- AU$- ▲ +125 days
2000 28 days AU$232.98K AU$8.41K/day AU$- AU$- ▲ +9 days
1999 19 days AU$383.13K AU$20.68K/day AU$- AU$- ▼ -480 days
1998 498 days AU$310.59K AU$623.43/day AU$- AU$12.69K ▲ +486 days
1997 12 days AU$182.13K AU$15.37K/day AU$- AU$27.91K ▼ -262 days
1996 274 days AU$133.47K AU$486.56/day AU$- AU$- ▲ +25 days
1995 249 days AU$101.00K AU$405.48/day AU$- AU$- ▲ +60 days
1994 189 days AU$108.00K AU$572.60/day AU$- AU$- ▼ -376 days
1993 565 days AU$696.00K AU$1.23K/day AU$- AU$- ▲ +557 days
1992 7 days AU$6.00K AU$816.44/day AU$- AU$- ▼ -18 days
1991 25 days AU$9.00K AU$358.90/day AU$- AU$- ▼ -9 days
1990 34 days AU$7.00K AU$205.48/day AU$- AU$- ▼ -7 days
1989 41 days AU$7.00K AU$169.86/day AU$- AU$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)