Standard Lithium Ltd (SLI) — Defensive Interval Ratio

Latest as of September 2024: 5 days

Standard Lithium Ltd (SLI) has a Defensive Interval Ratio of 5 days as of September 2024. Defensive assets of CA$101.00K (cash CA$-, short-term investments CA$-, receivables CA$101.00K) cover 5 days of daily cash needs of CA$20.04K/day. See Standard Lithium Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

5 days
Days of operational coverage

Defensive Assets

CA$101.00K
Cash + ST Investments + Receivables

Daily Cash Need

CA$20.04K
Current Liabilities ÷ 365

Current Liabilities

CA$7.32 Million
CAD

Standard Lithium Ltd Defensive Interval Ratio (2018–2024)

This chart shows how Standard Lithium Ltd's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2024, the ratio stands at 5 days, meaning defensive assets of CA$101.00K can fund 5 days of operations without new revenue. See Standard Lithium Ltd (SLI) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Standard Lithium Ltd (2018–2024)

The table below presents the year-by-year Defensive Interval Ratio for Standard Lithium Ltd from 2018 to 2024, covering 7 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 Standard Lithium Ltd (SLI) market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 6 days CA$302.99K CA$47.22K/day CA$- CA$- ▼ -3 days
2023 10 days CA$353.15K CA$36.30K/day CA$- CA$- ▼ -38 days
2022 47 days CA$880.85K CA$18.58K/day CA$- CA$- ▲ +30 days
2021 17 days CA$112.42K CA$6.60K/day CA$- CA$- ▲ +15 days
2020 2 days CA$44.91K CA$19.38K/day CA$- CA$- ▼ -4 days
2019 6 days CA$90.43K CA$15.38K/day CA$- CA$- ▼ -50 days
2018 56 days CA$105.44K CA$1.87K/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)