Greenland Resources Inc (MOLY) — Defensive Interval Ratio
Greenland Resources Inc (MOLY) has a Defensive Interval Ratio of 3677 days as of September 2021. Defensive assets of CA$1.83 Million (cash CA$-, short-term investments CA$1.83 Million, receivables CA$-) cover 3677 days of daily cash needs of CA$496.66/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Greenland Resources Inc Defensive Interval Ratio (2018–2021)
This chart shows how Greenland Resources Inc's Defensive Interval Ratio has evolved across 4 annual periods from 2018 to 2021. As of September 2021, the ratio stands at 3677 days, meaning defensive assets of CA$1.83 Million can fund 3677 days of operations without new revenue. For the complete balance sheet picture, see Greenland Resources Inc total assets.
Annual Defensive Interval Ratio for Greenland Resources Inc (2018–2021)
The table below presents the year-by-year Defensive Interval Ratio for Greenland Resources Inc from 2018 to 2021, 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. See how liquid is Greenland Resources Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2021 | 89 days | CA$47.92K | CA$540.26/day | CA$- | CA$- | ▼ -262 days |
| 2020 | 350 days | CA$74.29K | CA$212.12/day | CA$- | CA$- | ▲ +39 days |
| 2019 | 311 days | CA$76.33K | CA$245.15/day | CA$- | CA$- | ▲ +284 days |
| 2018 | 27 days | CA$20.05K | CA$745.29/day | CA$- | CA$- | — |