Variscan Mines Ltd (VAR) — Defensive Interval Ratio

Latest as of December 2025: 1381 days

Variscan Mines Ltd (VAR) has a Defensive Interval Ratio of 1381 days as of December 2025. Defensive assets of AU$887.16K (cash AU$635.39K, short-term investments AU$-, receivables AU$251.77K) cover 1381 days of daily cash needs of AU$642.24/day. Check VAR intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1381 days
Days of operational coverage

Defensive Assets

AU$887.16K
Cash + ST Investments + Receivables

Daily Cash Need

AU$642.24
Current Liabilities ÷ 365

Current Liabilities

AU$234.42K
AUD

Variscan Mines Ltd Defensive Interval Ratio (1989–2025)

This chart shows how Variscan Mines Ltd's Defensive Interval Ratio has evolved across 37 annual periods from 1989 to 2025. As of December 2025, the ratio stands at 1381 days, meaning defensive assets of AU$887.16K can fund 1381 days of operations without new revenue. Also explore VAR net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Variscan Mines Ltd (1989–2025)

The table below presents the year-by-year Defensive Interval Ratio for Variscan Mines Ltd from 1989 to 2025, covering 37 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 market value of Variscan Mines Ltd.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2025 378 days AU$613.70K AU$1.62K/day AU$451.94K AU$- ▲ +125 days
2024 254 days AU$354.14K AU$1.40K/day AU$250.26K AU$1.00 ▼ -1719 days
2023 1973 days AU$1.37 Million AU$696.38/day AU$1.02 Million AU$- ▼ -865 days
2022 2837 days AU$2.18 Million AU$770.04/day AU$1.95 Million AU$- ▼ -4181 days
2021 7018 days AU$4.47 Million AU$636.78/day AU$4.44 Million AU$- ▲ +5525 days
2020 1493 days AU$1.75 Million AU$1.17K/day AU$2.15 Million AU$-397.80K ▼ -1462 days
2019 2956 days AU$952.49K AU$322.25/day AU$948.36K AU$- ▲ +2228 days
2018 728 days AU$1.93 Million AU$2.65K/day AU$1.90 Million AU$- ▲ +4 days
2017 724 days AU$1.66 Million AU$2.29K/day AU$1.12 Million AU$- ▼ -1117 days
2016 1841 days AU$2.98 Million AU$1.62K/day AU$2.45 Million AU$- ▲ +1691 days
2015 150 days AU$256.96K AU$1.71K/day AU$- AU$- ▼ -140 days
2014 290 days AU$367.40K AU$1.26K/day AU$- AU$- ▲ +225 days
2013 66 days AU$504.50K AU$7.68K/day AU$- AU$- ▲ +35 days
2012 31 days AU$46.82K AU$1.51K/day AU$- AU$- ▼ -80 days
2011 111 days AU$182.28K AU$1.65K/day AU$- AU$- ▲ +5 days
2010 106 days AU$87.85K AU$828.61/day AU$- AU$- ▼ -23 days
2009 129 days AU$66.75K AU$517.63/day AU$- AU$- ▼ -77 days
2008 206 days AU$44.72K AU$217.09/day AU$- AU$- ▲ +122 days
2007 84 days AU$25.07K AU$297.05/day AU$- AU$- ▲ +10 days
2006 74 days AU$9.86K AU$132.44/day AU$- AU$- ▼ -1030 days
2005 1104 days AU$158.34K AU$143.37/day AU$- AU$50.00K ▼ -933 days
2004 2037 days AU$408.41K AU$200.45/day AU$- AU$400.00K ▲ +1579 days
2003 458 days AU$673.07K AU$1.47K/day AU$- AU$- ▼ -16 days
2002 474 days AU$613.20K AU$1.29K/day AU$- AU$302.00K ▲ +465 days
2001 9 days AU$12.56K AU$1.38K/day AU$- AU$- ▼ -56 days
2000 65 days AU$7.10K AU$109.61/day AU$- AU$- ▼ -1179 days
1999 1244 days AU$106.92K AU$85.98/day AU$- AU$- ▼ -772 days
1998 2015 days AU$156.93K AU$77.86/day AU$- AU$- ▼ -62 days
1997 2078 days AU$461.42K AU$222.07/day AU$- AU$- ▲ +1969 days
1996 108 days AU$11.82K AU$108.98/day AU$- AU$- ▼ -2938 days
1995 3047 days AU$409.00K AU$134.25/day AU$- AU$- ▼ -9272 days
1994 12319 days AU$810.00K AU$65.75/day AU$- AU$- ▲ +11667 days
1993 652 days AU$100.00K AU$153.42/day AU$- AU$- ▼ -3071 days
1992 3723 days AU$510.00K AU$136.99/day AU$- AU$- ▼ -27198 days
1991 30921 days AU$593.00K AU$19.18/day AU$- AU$- ▲ +18827 days
1990 12094 days AU$497.00K AU$41.10/day AU$- AU$- ▼ -2666 days
1989 14760 days AU$647.00K AU$43.84/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)