Cora Gold Limited (CORA) — Defensive Interval Ratio

Latest as of June 2022: 96 days

Cora Gold Limited (CORA) has a Defensive Interval Ratio of 96 days as of June 2022. Defensive assets of GBX107.00K (cash GBX-, short-term investments GBX-, receivables GBX107.00K) cover 96 days of daily cash needs of GBX1.12K/day. Check CORA intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

96 days
Days of operational coverage

Defensive Assets

GBX107.00K
Cash + ST Investments + Receivables

Daily Cash Need

GBX1.12K
Current Liabilities ÷ 365

Current Liabilities

GBX407.00K
GBX

Cora Gold Limited Defensive Interval Ratio (2014–2021)

This chart shows how Cora Gold Limited's Defensive Interval Ratio has evolved across 8 annual periods from 2014 to 2021. As of June 2022, the ratio stands at 96 days, meaning defensive assets of GBX107.00K can fund 96 days of operations without new revenue. Also explore Cora Gold Limited net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Cora Gold Limited (2014–2021)

The table below presents the year-by-year Defensive Interval Ratio for Cora Gold Limited from 2014 to 2021, covering 8 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 CORA company net worth.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2021 72 days GBX113.00K GBX1.56K/day GBX- GBX- ▲ +37 days
2020 35 days GBX21.00K GBX591.78/day GBX- GBX- ▼ -61 days
2019 97 days GBX119.00K GBX1.23K/day GBX- GBX- ▼ -56 days
2018 152 days GBX80.00K GBX526.03/day GBX- GBX- ▼ -51 days
2017 203 days GBX95.00K GBX468.49/day GBX- GBX- ▲ +192 days
2016 11 days GBX63.00K GBX5.75K/day GBX- GBX- ▲ +1 days
2015 10 days GBX50.00K GBX4.86K/day GBX- GBX- ▲ +3 days
2014 7 days GBX21.00K GBX3.00K/day GBX- GBX-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)