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. See shareholders equity of BOCANA RESOURCES CORP. for net asset value and shareholders' equity analysis.

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. Explore VC1 cash generation efficiency to assess how effectively this company generates cash.

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. For live market cap and the full company financial profile, see VC1 stock market capitalisation.

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)