Avalon Advanced Materials Ltd (AVL) — Defensive Interval Ratio
Avalon Advanced Materials Ltd (AVL) has a Defensive Interval Ratio of 26 days as of May 2026. Defensive assets of CA$346.55K (cash CA$-, short-term investments CA$39.80K, receivables CA$306.75K) cover 26 days of daily cash needs of CA$13.15K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Avalon Advanced Materials Ltd Defensive Interval Ratio (1996–2025)
This chart shows how Avalon Advanced Materials Ltd's Defensive Interval Ratio has evolved across 30 annual periods from 1996 to 2025. As of May 2026, the ratio stands at 26 days, meaning defensive assets of CA$346.55K can fund 26 days of operations without new revenue. For the complete balance sheet picture, see Avalon Advanced Materials Ltd total assets.
Annual Defensive Interval Ratio for Avalon Advanced Materials Ltd (1996–2025)
The table below presents the year-by-year Defensive Interval Ratio for Avalon Advanced Materials Ltd from 1996 to 2025, covering 30 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 working capital position of Avalon Advanced Materials Ltd 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) |
|---|---|---|---|---|---|---|
| 2025 | 15 days | CA$171.50K | CA$11.75K/day | CA$- | CA$95.16K | ▲ +1 days |
| 2024 | 14 days | CA$181.49K | CA$13.35K/day | CA$- | CA$132.37K | ▼ -465 days |
| 2023 | 479 days | CA$1.78 Million | CA$3.73K/day | CA$- | CA$1.64 Million | ▼ -72 days |
| 2022 | 551 days | CA$2.18 Million | CA$3.96K/day | CA$- | CA$2.14 Million | ▼ -274 days |
| 2021 | 825 days | CA$1.94 Million | CA$2.35K/day | CA$1.82 Million | CA$- | ▲ +280 days |
| 2020 | 545 days | CA$1.56 Million | CA$2.86K/day | CA$1.30 Million | CA$- | ▲ +358 days |
| 2019 | 187 days | CA$2.22 Million | CA$11.84K/day | CA$1.88 Million | CA$- | ▼ -22 days |
| 2018 | 210 days | CA$487.73K | CA$2.32K/day | CA$319.06K | CA$- | ▼ -207 days |
| 2017 | 417 days | CA$1.19 Million | CA$2.86K/day | CA$1.07 Million | CA$- | ▲ +22 days |
| 2016 | 395 days | CA$1.34 Million | CA$3.38K/day | CA$- | CA$1.11 Million | ▲ +303 days |
| 2015 | 93 days | CA$424.26K | CA$4.58K/day | CA$- | CA$- | ▲ +49 days |
| 2014 | 43 days | CA$416.92K | CA$9.61K/day | CA$- | CA$- | ▼ -10 days |
| 2013 | 54 days | CA$388.97K | CA$7.24K/day | CA$- | CA$- | ▲ +19 days |
| 2012 | 35 days | CA$639.84K | CA$18.36K/day | CA$- | CA$- | ▼ -28 days |
| 2011 | 63 days | CA$650.45K | CA$10.39K/day | CA$- | CA$- | ▼ -115 days |
| 2010 | 177 days | CA$1.06 Million | CA$5.97K/day | CA$- | CA$- | ▲ +24 days |
| 2009 | 153 days | CA$598.47K | CA$3.92K/day | CA$- | CA$- | ▲ +91 days |
| 2008 | 62 days | CA$152.16K | CA$2.45K/day | CA$- | CA$- | ▼ -40 days |
| 2007 | 102 days | CA$174.65K | CA$1.72K/day | CA$- | CA$- | ▼ -44 days |
| 2006 | 146 days | CA$81.19K | CA$556.92/day | CA$- | CA$- | ▲ +79 days |
| 2005 | 67 days | CA$32.78K | CA$490.31/day | CA$- | CA$- | ▼ -2 days |
| 2004 | 69 days | CA$36.31K | CA$529.17/day | CA$- | CA$- | ▲ +7 days |
| 2003 | 62 days | CA$53.29K | CA$864.56/day | CA$- | CA$- | ▼ -14 days |
| 2002 | 76 days | CA$37.78K | CA$498.46/day | CA$- | CA$- | ▼ -68 days |
| 2001 | 144 days | CA$203.01K | CA$1.41K/day | CA$- | CA$- | ▼ -15 days |
| 2000 | 159 days | CA$152.94K | CA$961.47/day | CA$- | CA$- | ▼ -84 days |
| 1999 | 243 days | CA$200.00K | CA$821.92/day | CA$- | CA$- | ▼ -122 days |
| 1998 | 365 days | CA$200.00K | CA$547.95/day | CA$- | CA$- | ▲ +243 days |
| 1997 | 122 days | CA$100.00K | CA$821.92/day | CA$- | CA$- | ▼ -2677 days |
| 1996 | 2798 days | CA$2.30 Million | CA$821.92/day | CA$- | CA$2.20 Million | — |