XTC Lithium Limited (XTC) — Defensive Interval Ratio

Latest as of December 2023: 23 days

XTC Lithium Limited (XTC) has a Defensive Interval Ratio of 23 days as of December 2023. Defensive assets of AU$235.83K (cash AU$-, short-term investments AU$-, receivables AU$235.83K) cover 23 days of daily cash needs of AU$10.12K/day. Check XTC Lithium Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

23 days
Days of operational coverage

Defensive Assets

AU$235.83K
Cash + ST Investments + Receivables

Daily Cash Need

AU$10.12K
Current Liabilities ÷ 365

Current Liabilities

AU$3.70 Million
AUD

XTC Lithium Limited Defensive Interval Ratio (2008–2023)

This chart shows how XTC Lithium Limited's Defensive Interval Ratio has evolved across 16 annual periods from 2008 to 2023. As of December 2023, the ratio stands at 23 days, meaning defensive assets of AU$235.83K can fund 23 days of operations without new revenue. Also explore XTC shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for XTC Lithium Limited (2008–2023)

The table below presents the year-by-year Defensive Interval Ratio for XTC Lithium Limited from 2008 to 2023, covering 16 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 cap of XTC Lithium Limited.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2023 4 days AU$96.59K AU$25.14K/day AU$- AU$- ▼ -3562 days
2022 3566 days AU$3.01 Million AU$844.95/day AU$- AU$- ▲ +3435 days
2021 131 days AU$31.73K AU$242.27/day AU$- AU$- ▼ -61 days
2020 192 days AU$109.14K AU$568.07/day AU$- AU$- ▲ +135 days
2019 57 days AU$62.77K AU$1.10K/day AU$- AU$- ▼ -41 days
2018 98 days AU$65.52K AU$671.24/day AU$- AU$- ▲ +38 days
2017 59 days AU$45.53K AU$769.21/day AU$- AU$- ▼ -95 days
2016 154 days AU$34.34K AU$222.98/day AU$- AU$- ▲ +147 days
2015 7 days AU$10.64K AU$1.46K/day AU$- AU$- ▼ -166 days
2014 173 days AU$91.63K AU$529.61/day AU$- AU$- ▼ -122 days
2013 295 days AU$225.20K AU$763.49/day AU$- AU$- ▼ -865 days
2012 1160 days AU$292.10K AU$251.82/day AU$- AU$- ▲ +932 days
2011 228 days AU$269.64K AU$1.18K/day AU$- AU$- ▼ -1646 days
2010 1874 days AU$312.05K AU$166.52/day AU$- AU$- ▲ +1744 days
2009 130 days AU$251.80K AU$1.94K/day AU$- AU$- ▼ -83 days
2008 213 days AU$257.68K AU$1.21K/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)