NEWLOX GOLD VENTURES (NGO) — Defensive Interval Ratio

Latest as of March 2023: 0 days

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. Check NGO tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

€0.00
Cash + ST Investments + Receivables

Daily Cash Need

€11.91K
Current Liabilities ÷ 365

Current Liabilities

€4.35 Million
EUR

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. Also explore NGO net assets growth trend to track the company's year-over-year net asset growth rate.

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. For live market cap and the full company financial profile, see NEWLOX GOLD VENTURES market capitalisation.

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 €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)