NEWLOX GOLD VENTURES (NGO) — Defensive Interval Ratio
NEWLOX GOLD VENTURES (NGO) has a Defensive Interval Ratio of 0 days as of March 2023. Defensive assets of €0.00 (cash €-, short-term investments €-, receivables €0.00) cover 0 days of daily cash needs of €11.91K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
NEWLOX GOLD VENTURES Defensive Interval Ratio (2022–2023)
This chart shows how NEWLOX GOLD VENTURES's Defensive Interval Ratio has evolved across 2 annual periods from 2022 to 2023. As of March 2023, the ratio stands at 0 days, meaning defensive assets of €0.00 can fund 0 days of operations without new revenue. For the complete balance sheet picture, see how large is NEWLOX GOLD VENTURES's balance sheet.
Annual Defensive Interval Ratio for NEWLOX GOLD VENTURES (2022–2023)
The table below presents the year-by-year Defensive Interval Ratio for NEWLOX GOLD VENTURES from 2022 to 2023, 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. See NEWLOX GOLD VENTURES (NGO) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 0 days | €0.00 | €11.91K/day | €- | €- | ▲ +0 days |
| 2022 | 0 days | €0.00 | €10.79K/day | €- | €- | — |