Phoenix Global Mining Ltd (PXC) — Defensive Interval Ratio
Phoenix Global Mining Ltd (PXC) has a Defensive Interval Ratio of 2 days as of June 2025. Defensive assets of GBX12.07K (cash GBX-, short-term investments GBX12.07K, receivables GBX-) cover 2 days of daily cash needs of GBX6.20K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Phoenix Global Mining Ltd Defensive Interval Ratio (2016–2024)
This chart shows how Phoenix Global Mining Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 2 days, meaning defensive assets of GBX12.07K can fund 2 days of operations without new revenue. For the complete balance sheet picture, see PXC asset base.
Annual Defensive Interval Ratio for Phoenix Global Mining Ltd (2016–2024)
The table below presents the year-by-year Defensive Interval Ratio for Phoenix Global Mining Ltd from 2016 to 2024, covering 9 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 Phoenix Global Mining Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (GBX) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 2 days | GBX14.26K | GBX7.67K/day | GBX- | GBX14.26K | ▲ +1 days |
| 2023 | 1 days | GBX4.19K | GBX7.30K/day | GBX- | GBX4.19K | ▼ -67 days |
| 2022 | 68 days | GBX199.63K | GBX2.94K/day | GBX- | GBX18.56K | ▼ -68 days |
| 2021 | 136 days | GBX422.12K | GBX3.10K/day | GBX- | GBX56.34K | ▲ +122 days |
| 2020 | 14 days | GBX68.85K | GBX4.78K/day | GBX- | GBX- | ▼ -300 days |
| 2019 | 315 days | GBX243.93K | GBX775.07/day | GBX- | GBX- | ▲ +160 days |
| 2018 | 155 days | GBX212.52K | GBX1.37K/day | GBX- | GBX- | ▲ +129 days |
| 2017 | 26 days | GBX14.25K | GBX547.29/day | GBX- | GBX- | ▼ -66 days |
| 2016 | 92 days | GBX86.10K | GBX934.88/day | GBX- | GBX- | — |