Nova Minerals Limited (NVA) — Defensive Interval Ratio

Latest as of September 2024: 152 days

Nova Minerals Limited (NVA) has a Defensive Interval Ratio of 152 days as of September 2024. Defensive assets of $90.33 Million (cash $-, short-term investments $-, receivables $90.33 Million) cover 152 days of daily cash needs of $595.73K/day. Check NVA goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

152 days
Days of operational coverage

Defensive Assets

$90.33 Million
Cash + ST Investments + Receivables

Daily Cash Need

$595.73K
Current Liabilities ÷ 365

Current Liabilities

$217.44 Million
USD

Nova Minerals Limited Defensive Interval Ratio (1989–2024)

This chart shows how Nova Minerals Limited's Defensive Interval Ratio has evolved across 34 annual periods from 1989 to 2024. As of September 2024, the ratio stands at 152 days, meaning defensive assets of $90.33 Million can fund 152 days of operations without new revenue. Also explore net asset growth rate of Nova Minerals Limited to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Nova Minerals Limited (1989–2024)

The table below presents the year-by-year Defensive Interval Ratio for Nova Minerals Limited from 1989 to 2024, covering 34 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 Nova Minerals Limited (NVA) market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 0 days $39.81K $526.83K/day $- $- ▼ -283 days
2023 283 days $167.54 Million $592.77K/day $- $- ▲ +115 days
2022 168 days $88.54 Million $527.93K/day $- $- ▼ -29 days
2021 197 days $58.56 Million $297.70K/day $- $- ▼ -16 days
2020 213 days $73.07 Million $342.84K/day $- $- ▼ -121 days
2019 334 days $93.82 Million $281.02K/day $- $40.49 Million ▲ +82 days
2018 252 days $47.94 Million $190.43K/day $- $- ▲ +85 days
2017 167 days $32.27 Million $193.65K/day $- $- ▼ -154 days
2016 321 days $55.31 Million $172.42K/day $- $25.77 Million ▲ +40 days
2015 280 days $39.17 Million $139.64K/day $- $- ▲ +149 days
2014 131 days $29.43 Million $224.46K/day $- $- ▼ -133 days
2013 264 days $30.32 Million $114.75K/day $- $- ▲ +26 days
2012 239 days $50.35 Million $211.03K/day $- $- ▼ -86 days
2011 325 days $55.14 Million $169.66K/day $- $- ▼ -135 days
2010 460 days $69.24 Million $150.56K/day $- $- ▼ -73 days
2009 533 days $81.22 Million $152.50K/day $- $- ▲ +202 days
2008 330 days $30.46 Million $92.26K/day $- $- ▲ +97 days
2007 234 days $25.95 Million $111.10K/day $- $- ▼ -144 days
2006 377 days $18.84 Million $49.93K/day $- $- ▲ +126 days
2005 251 days $12.07 Million $48.01K/day $- $- ▲ +133 days
2004 118 days $6.25 Million $52.95K/day $- $- ▲ +101 days
2003 17 days $4.21K $246.72/day $- $- ▲ +7 days
2002 11 days $3.99K $377.45/day $- $- ▼ -36 days
2001 46 days $11.67K $251.43/day $- $- ▲ +40 days
2000 6 days $68.14K $11.17K/day $- $- ▼ -74 days
1999 80 days $144.41K $1.81K/day $- $- ▼ -514 days
1998 594 days $449.00K $756.16/day $- $- ▼ -397 days
1997 991 days $1.32 Million $1.34K/day $- $- ▲ +972 days
1996 19 days $68.60K $3.53K/day $- $- ▲ +18 days
1995 2 days $20.00K $12.15K/day $- $20.00K ▼ -1 days
1994 3 days $19.00K $6.09K/day $- $19.00K ▲ +2 days
1993 1 days $16.00K $23.13K/day $- $16.00K ▼ -41 days
1991 42 days $82.00K $1.97K/day $- $- ▲ +38 days
1989 4 days $67.00K $17.87K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)