Cora Gold Limited (CORA) — Defensive Interval Ratio
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.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. For the complete balance sheet picture, see Cora Gold Limited total assets.
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. See how liquid is Cora Gold Limited's working capital to evaluate short-term liquidity relative to the company's equity base.
| 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- | — |