Onward Opportunities Ltd (ONWD) — Defensive Interval Ratio
Onward Opportunities Ltd (ONWD) has a Defensive Interval Ratio of 2056 days as of December 2024. Defensive assets of GBX535.00K (cash GBX-, short-term investments GBX-, receivables GBX535.00K) cover 2056 days of daily cash needs of GBX260.27/day. See Onward Opportunities Ltd (ONWD) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Onward Opportunities Ltd Defensive Interval Ratio (2023–2024)
This chart shows how Onward Opportunities Ltd's Defensive Interval Ratio has evolved across 2 annual periods from 2023 to 2024. As of December 2024, the ratio stands at 2056 days, meaning defensive assets of GBX535.00K can fund 2056 days of operations without new revenue. See net asset quality index of Onward Opportunities Ltd to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Onward Opportunities Ltd (2023–2024)
The table below presents the year-by-year Defensive Interval Ratio for Onward Opportunities Ltd from 2023 to 2024, covering 2 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 Onward Opportunities Ltd stock valuation.
| Year | DIR (days) | Defensive Assets (GBX) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 2056 days | GBX535.00K | GBX260.27/day | GBX- | GBX- | ▲ +1516 days |
| 2023 | 539 days | GBX195.00K | GBX361.64/day | GBX- | GBX- | — |