Orion Gold NL (ORN) — Defensive Interval Ratio

Latest as of June 2023: 42 days

Orion Gold NL (ORN) has a Defensive Interval Ratio of 42 days as of June 2023. Defensive assets of ZAC271.00K (cash ZAC-, short-term investments ZAC-, receivables ZAC271.00K) cover 42 days of daily cash needs of ZAC6.44K/day. Check ORN tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

42 days
Days of operational coverage

Defensive Assets

ZAC271.00K
Cash + ST Investments + Receivables

Daily Cash Need

ZAC6.44K
Current Liabilities ÷ 365

Current Liabilities

ZAC2.35 Million
ZAC

Orion Gold NL Defensive Interval Ratio (2016–2023)

This chart shows how Orion Gold NL's Defensive Interval Ratio has evolved across 8 annual periods from 2016 to 2023. As of June 2023, the ratio stands at 42 days, meaning defensive assets of ZAC271.00K can fund 42 days of operations without new revenue. Also explore ORN shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Orion Gold NL (2016–2023)

The table below presents the year-by-year Defensive Interval Ratio for Orion Gold NL from 2016 to 2023, covering 8 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 how much is Orion Gold NL worth.

Year DIR (days) Defensive Assets (ZAC) Daily Cash Need Cash ST Investments Change (days)
2023 42 days ZAC271.00K ZAC6.44K/day ZAC- ZAC- ▲ +13 days
2022 29 days ZAC370.00K ZAC12.80K/day ZAC- ZAC- ▼ -13 days
2021 42 days ZAC348.00K ZAC8.30K/day ZAC- ZAC- ▲ +36 days
2020 6 days ZAC146.00K ZAC25.52K/day ZAC- ZAC- ▼ -6 days
2019 12 days ZAC393.00K ZAC32.44K/day ZAC- ZAC- ▼ -63 days
2018 75 days ZAC3.15 Million ZAC42.13K/day ZAC- ZAC15.00K ▼ -115 days
2017 190 days ZAC613.46K ZAC3.23K/day ZAC- ZAC455.45K ▼ -635 days
2016 825 days ZAC705.86K ZAC855.99/day ZAC- ZAC705.86K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)