Sable Exploration and Mining Ltd Defensive Interval Ratio
Sable Exploration and Mining Ltd defensive interval ratio. Sable Exploration and Mining Ltd (SXM) has a Defensive Interval Ratio of 561 days as of August 2023. Defensive assets of ZAC1.37 Million (cash ZAC-, short-term investments ZAC-, receivables ZAC1.37 Million) cover 561 days of daily cash needs of ZAC2.44K/day. See Sable Exploration and Mining Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Sable Exploration and Mining Ltd (2020–2023)
Defensive interval ratio of Sable Exploration and Mining Ltd from 2020 to 2023. This chart shows how Sable Exploration and Mining Ltd's Defensive Interval Ratio has evolved across 4 annual periods from 2020 to 2023. As of August 2023, the ratio stands at 561 days, meaning defensive assets of ZAC1.37 Million can fund 561 days of operations without new revenue. Read Sable Exploration and Mining Ltd debt and liabilities for a breakdown of total debt and financial obligations.
Sable Exploration and Mining Ltd Defensive Interval Ratio by Year (2020–2023)
Sable Exploration and Mining Ltd defensive interval ratio by year from 2020 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Sable Exploration and Mining Ltd from 2020 to 2023, covering 4 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 the complete balance sheet picture, see Sable Exploration and Mining Ltd (SXM) total assets.
| Year | DIR (days) | Defensive Assets (ZAC) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 0 days | ZAC14.80K | ZAC91.35K/day | ZAC- | ZAC- | ▼ -41 days |
| 2022 | 41 days | ZAC395.14K | ZAC9.53K/day | ZAC- | ZAC- | ▼ -229 days |
| 2021 | 271 days | ZAC2.06 Million | ZAC7.59K/day | ZAC- | ZAC- | ▲ +100 days |
| 2020 | 171 days | ZAC1.71 Million | ZAC9.98K/day | ZAC- | ZAC- | — |