BOCANA RESOURCES CORP. (VC1) — Defensive Interval Ratio

Latest as of December 2021: 4 days

BOCANA RESOURCES CORP. (VC1) has a Defensive Interval Ratio of 4 days as of December 2021. Defensive assets of €4.27K (cash €-, short-term investments €-, receivables €4.27K) cover 4 days of daily cash needs of €1.13K/day.

Defensive Interval Ratio

4 days
Days of operational coverage

Defensive Assets

€4.27K
Cash + ST Investments + Receivables

Daily Cash Need

€1.13K
Current Liabilities ÷ 365

Current Liabilities

€411.34K
EUR

BOCANA RESOURCES CORP. Defensive Interval Ratio (2021–2021)

This chart shows how BOCANA RESOURCES CORP.'s Defensive Interval Ratio has evolved across 1 annual periods from 2021 to 2021. As of December 2021, the ratio stands at 4 days, meaning defensive assets of €4.27K can fund 4 days of operations without new revenue. For the complete balance sheet picture, see BOCANA RESOURCES CORP. (VC1) total assets.

Annual Defensive Interval Ratio for BOCANA RESOURCES CORP. (2021–2021)

The table below presents the year-by-year Defensive Interval Ratio for BOCANA RESOURCES CORP. from 2021 to 2021, covering 1 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 working capital to net assets of BOCANA RESOURCES CORP. 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)
2021 4 days €4.27K €1.13K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)