Golden Prospect Precious Metals Ltd (GPM) — Defensive Interval Ratio

Latest as of December 2023: 27 days

Golden Prospect Precious Metals Ltd (GPM) has a Defensive Interval Ratio of 27 days as of December 2023. Defensive assets of GBX13.84K (cash GBX-, short-term investments GBX-, receivables GBX13.84K) cover 27 days of daily cash needs of GBX506.71/day. Check GPM intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

27 days
Days of operational coverage

Defensive Assets

GBX13.84K
Cash + ST Investments + Receivables

Daily Cash Need

GBX506.71
Current Liabilities ÷ 365

Current Liabilities

GBX184.95K
GBX

Golden Prospect Precious Metals Ltd Defensive Interval Ratio (2016–2023)

This chart shows how Golden Prospect Precious Metals Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2016 to 2023. As of December 2023, the ratio stands at 27 days, meaning defensive assets of GBX13.84K can fund 27 days of operations without new revenue. Also explore GPM net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Golden Prospect Precious Metals Ltd (2016–2023)

The table below presents the year-by-year Defensive Interval Ratio for Golden Prospect Precious Metals Ltd from 2016 to 2023, covering 6 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 market value of Golden Prospect Precious Metals Ltd.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2023 27 days GBX13.84K GBX506.71/day GBX- GBX- ▲ +27 days
2021 1 days GBX8.61K GBX14.48K/day GBX- GBX- ▼ -2 days
2020 2 days GBX11.30K GBX5.37K/day GBX- GBX- ▼ -2176 days
2019 2178 days GBX258.68K GBX118.78/day GBX- GBX- ▼ -951089 days
2017 953267 days GBX26.33 Million GBX27.62/day GBX- GBX26.32 Million ▼ -10602 days
2016 963869 days GBX29.36 Million GBX30.46/day GBX- GBX29.35 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)