Summit Minerals Ltd (SUM) — Defensive Interval Ratio

Latest as of June 2025: 3960 days

Summit Minerals Ltd (SUM) has a Defensive Interval Ratio of 3960 days as of June 2025. Defensive assets of AU$1.44 Million (cash AU$1.41 Million, short-term investments AU$-, receivables AU$38.50K) cover 3960 days of daily cash needs of AU$364.59/day.

Defensive Interval Ratio

3960 days
Days of operational coverage

Defensive Assets

AU$1.44 Million
Cash + ST Investments + Receivables

Daily Cash Need

AU$364.59
Current Liabilities ÷ 365

Current Liabilities

AU$133.07K
AUD

Summit Minerals Ltd Defensive Interval Ratio (2006–2023)

This chart shows how Summit Minerals Ltd's Defensive Interval Ratio has evolved across 15 annual periods from 2006 to 2023. As of June 2025, the ratio stands at 3960 days, meaning defensive assets of AU$1.44 Million can fund 3960 days of operations without new revenue. For the complete balance sheet picture, see Summit Minerals Ltd total assets.

Annual Defensive Interval Ratio for Summit Minerals Ltd (2006–2023)

The table below presents the year-by-year Defensive Interval Ratio for Summit Minerals Ltd from 2006 to 2023, 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. See working capital position of Summit Minerals Ltd to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2023 4092 days AU$2.31 Million AU$564.19/day AU$2.23 Million AU$- ▲ +1506 days
2022 2585 days AU$2.50 Million AU$967.03/day AU$2.46 Million AU$- ▲ +2285 days
2021 300 days AU$828.42K AU$2.76K/day AU$800.75K AU$- ▲ +265 days
2017 35 days AU$3.37 Million AU$97.38K/day AU$- AU$- ▼ -35 days
2016 69 days AU$7.52 Million AU$108.44K/day AU$- AU$- ▼ -57 days
2015 127 days AU$5.84 Million AU$46.07K/day AU$- AU$- ▲ +53 days
2014 73 days AU$1.51 Million AU$20.59K/day AU$- AU$- ▲ +22 days
2013 51 days AU$1.66 Million AU$32.41K/day AU$- AU$- ▲ +22 days
2012 29 days AU$622.00K AU$21.73K/day AU$- AU$- ▼ -60 days
2011 89 days AU$367.00K AU$4.13K/day AU$- AU$- ▲ +15 days
2010 74 days AU$202.00K AU$2.73K/day AU$- AU$- ▼ -27 days
2009 101 days AU$129.00K AU$1.27K/day AU$- AU$- ▲ +97 days
2008 5 days AU$21.00K AU$4.53K/day AU$- AU$- ▼ -4 days
2007 8 days AU$7.00K AU$835.62/day AU$- AU$- ▼ -129 days
2006 137 days AU$50.00K AU$364.38/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)