Lexington Gold Ltd (LEX) — Defensive Interval Ratio
Lexington Gold Ltd (LEX) has a Defensive Interval Ratio of 15 days as of June 2024. Defensive assets of GBX35.00K (cash GBX-, short-term investments GBX-, receivables GBX35.00K) cover 15 days of daily cash needs of GBX2.40K/day. See working capital to net assets of Lexington Gold Ltd to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Lexington Gold Ltd Defensive Interval Ratio (2013–2022)
This chart shows how Lexington Gold Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2013 to 2022. As of June 2024, the ratio stands at 15 days, meaning defensive assets of GBX35.00K can fund 15 days of operations without new revenue. See Lexington Gold Ltd balance sheet independence to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Lexington Gold Ltd (2013–2022)
The table below presents the year-by-year Defensive Interval Ratio for Lexington Gold Ltd from 2013 to 2022, covering 9 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 LEX market cap overview.
| Year | DIR (days) | Defensive Assets (GBX) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 284 days | GBX74.00K | GBX260.27/day | GBX- | GBX- | ▲ +129 days |
| 2021 | 155 days | GBX45.00K | GBX290.41/day | GBX- | GBX- | ▲ +124 days |
| 2020 | 31 days | GBX8.00K | GBX257.53/day | GBX- | GBX- | ▼ -341 days |
| 2019 | 372 days | GBX370.00K | GBX994.52/day | GBX- | GBX- | ▼ -165 days |
| 2018 | 537 days | GBX159.00K | GBX296.12/day | GBX- | GBX- | ▲ +517 days |
| 2016 | 20 days | GBX86.00K | GBX4.25K/day | GBX- | GBX- | ▲ +6 days |
| 2015 | 14 days | GBX25.00K | GBX1.78K/day | GBX- | GBX- | ▲ +14 days |
| 2014 | 0 days | GBX1.00 | GBX31.82K/day | GBX- | GBX- | ▼ -10 days |
| 2013 | 10 days | GBX310.00K | GBX30.92K/day | GBX- | GBX- | — |