Africa Oil Corp (AOI) — Defensive Interval Ratio

Latest as of March 2025: 103 days

Africa Oil Corp (AOI) has a Defensive Interval Ratio of 103 days as of March 2025. Defensive assets of CA$156.20 Million (cash CA$-, short-term investments CA$-, receivables CA$156.20 Million) cover 103 days of daily cash needs of CA$1.51 Million/day. See how liquid is Africa Oil Corp's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

103 days
Days of operational coverage

Defensive Assets

CA$156.20 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.51 Million
Current Liabilities ÷ 365

Current Liabilities

CA$551.60 Million
CAD

Africa Oil Corp Defensive Interval Ratio (2000–2024)

This chart shows how Africa Oil Corp's Defensive Interval Ratio has evolved across 25 annual periods from 2000 to 2024. As of March 2025, the ratio stands at 103 days, meaning defensive assets of CA$156.20 Million can fund 103 days of operations without new revenue. See Africa Oil Corp (AOI) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Africa Oil Corp (2000–2024)

The table below presents the year-by-year Defensive Interval Ratio for Africa Oil Corp from 2000 to 2024, covering 25 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 Africa Oil Corp (AOI) market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 100 days CA$4.00 Million CA$40.00K/day CA$- CA$- ▲ +17 days
2023 83 days CA$5.10 Million CA$61.37K/day CA$- CA$- ▼ -1563 days
2022 1646 days CA$200.70 Million CA$121.92K/day CA$199.30 Million CA$- ▼ -1188 days
2021 2834 days CA$59.17 Million CA$20.88K/day CA$58.51 Million CA$- ▲ +1666 days
2020 1168 days CA$40.12 Million CA$34.34K/day CA$38.74 Million CA$- ▼ -1631 days
2019 2799 days CA$329.62 Million CA$117.76K/day CA$329.46 Million CA$- ▼ -1516 days
2018 4315 days CA$370.90 Million CA$85.95K/day CA$370.34 Million CA$- ▼ -981 days
2017 5296 days CA$467.34 Million CA$88.25K/day CA$392.29 Million CA$- ▼ -437 days
2016 5733 days CA$463.33 Million CA$80.82K/day CA$463.06 Million CA$- ▲ +5729 days
2015 3 days CA$480.00K CA$154.28K/day CA$- CA$- ▼ -1 days
2014 4 days CA$1.63 Million CA$420.55K/day CA$- CA$- ▼ -16 days
2013 20 days CA$3.19 Million CA$158.84K/day CA$- CA$- ▼ -7 days
2012 27 days CA$2.85 Million CA$105.41K/day CA$- CA$- ▼ -50 days
2011 77 days CA$5.32 Million CA$69.26K/day CA$- CA$2.61 Million ▼ -22 days
2010 99 days CA$2.32 Million CA$23.52K/day CA$- CA$- ▼ -376 days
2009 475 days CA$5.40 Million CA$11.37K/day CA$- CA$- ▲ +462 days
2008 13 days CA$370.58K CA$28.32K/day CA$- CA$- ▼ -12 days
2007 25 days CA$25.01K CA$982.25/day CA$- CA$- ▼ -330 days
2006 356 days CA$35.93K CA$101.06/day CA$- CA$- ▲ +328 days
2005 28 days CA$26.30K CA$953.47/day CA$- CA$- ▼ -18 days
2004 46 days CA$4.38K CA$95.50/day CA$- CA$- ▲ +37 days
2003 9 days CA$2.31K CA$256.84/day CA$- CA$- ▲ +5 days
2002 4 days CA$2.76K CA$752.85/day CA$- CA$- ▲ +1 days
2001 3 days CA$3.20K CA$1.08K/day CA$- CA$- ▼ -3 days
2000 6 days CA$5.13K CA$932.64/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)