Ascendant Resources Inc Defensive Interval Ratio
Ascendant Resources Inc defensive interval ratio. Ascendant Resources Inc (ASND) has a Defensive Interval Ratio of 1 days as of December 2024. Defensive assets of CA$13.00K (cash CA$-, short-term investments CA$13.00K, receivables CA$-) cover 1 days of daily cash needs of CA$23.34K/day. See working capital position of Ascendant Resources Inc to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Ascendant Resources Inc (2007–2024)
Defensive interval ratio of Ascendant Resources Inc from 2007 to 2024. This chart shows how Ascendant Resources Inc's Defensive Interval Ratio has evolved across 18 annual periods from 2007 to 2024. As of December 2024, the ratio stands at 1 days, meaning defensive assets of CA$13.00K can fund 1 days of operations without new revenue. Check ASND asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Ascendant Resources Inc Defensive Interval Ratio by Year (2007–2024)
Ascendant Resources Inc defensive interval ratio by year from 2007 to 2024. The table below presents the year-by-year Defensive Interval Ratio for Ascendant Resources Inc from 2007 to 2024, covering 18 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 the complete balance sheet picture, see Ascendant Resources Inc total assets.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 1 days | CA$13.00K | CA$23.34K/day | CA$- | CA$13.00K | ▼ -22 days |
| 2023 | 22 days | CA$473.00K | CA$21.10K/day | CA$- | CA$23.00K | ▼ -35 days |
| 2022 | 57 days | CA$249.00K | CA$4.34K/day | CA$- | CA$32.00K | ▲ +31 days |
| 2021 | 26 days | CA$263.00K | CA$10.16K/day | CA$- | CA$56.00K | ▲ +6 days |
| 2020 | 20 days | CA$92.00K | CA$4.59K/day | CA$- | CA$- | ▼ -19 days |
| 2019 | 39 days | CA$3.76 Million | CA$97.18K/day | CA$- | CA$0.00 | ▼ -18 days |
| 2018 | 57 days | CA$4.17 Million | CA$73.73K/day | CA$- | CA$137.00K | ▼ -13 days |
| 2017 | 70 days | CA$3.12 Million | CA$44.68K/day | CA$- | CA$- | ▲ +66 days |
| 2016 | 3 days | CA$84.17K | CA$24.51K/day | CA$- | CA$- | ▲ +0 days |
| 2015 | 3 days | CA$4.56K | CA$1.50K/day | CA$- | CA$- | ▼ -6 days |
| 2014 | 9 days | CA$31.25K | CA$3.32K/day | CA$- | CA$- | ▼ -16 days |
| 2013 | 25 days | CA$33.10K | CA$1.31K/day | CA$- | CA$- | ▼ -13 days |
| 2012 | 38 days | CA$28.94K | CA$760.42/day | CA$- | CA$- | ▼ -14 days |
| 2011 | 52 days | CA$30.98K | CA$600.41/day | CA$- | CA$- | ▲ +32 days |
| 2010 | 19 days | CA$10.58K | CA$551.59/day | CA$- | CA$- | ▼ -147 days |
| 2009 | 166 days | CA$11.44K | CA$68.84/day | CA$- | CA$- | ▲ +129 days |
| 2008 | 37 days | CA$2.67K | CA$72.30/day | CA$- | CA$- | ▲ +35 days |
| 2007 | 2 days | CA$45.07 | CA$19.96/day | CA$- | CA$- | — |