Sable Exploration and Mining Ltd (SXM) — 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. Check Sable Exploration and Mining Ltd (SXM) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Sable Exploration and Mining Ltd Defensive Interval Ratio (2020–2023)
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. Also explore net asset momentum of Sable Exploration and Mining Ltd to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Sable Exploration and Mining Ltd (2020–2023)
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 live market cap and the full company financial profile, see SXM market cap.
| 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- | — |