Equinox Gold Corp (EQX) — Defensive Interval Ratio
Equinox Gold Corp (EQX) has a Defensive Interval Ratio of 90 days as of March 2026. Defensive assets of CA$197.80 Million (cash CA$-, short-term investments CA$136.65 Million, receivables CA$61.15 Million) cover 90 days of daily cash needs of CA$2.19 Million/day. Check tangible net worth ratio of Equinox Gold Corp to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Equinox Gold Corp Defensive Interval Ratio (2007–2025)
This chart shows how Equinox Gold Corp's Defensive Interval Ratio has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 90 days, meaning defensive assets of CA$197.80 Million can fund 90 days of operations without new revenue. Also explore Equinox Gold Corp equity growth rate to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Equinox Gold Corp (2007–2025)
The table below presents the year-by-year Defensive Interval Ratio for Equinox Gold Corp from 2007 to 2025, covering 19 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 market cap of Equinox Gold Corp.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 184 days | CA$635.09 Million | CA$3.45 Million/day | CA$407.36 Million | CA$162.39 Million | ▲ +17 days |
| 2024 | 167 days | CA$315.51 Million | CA$1.89 Million/day | CA$239.33 Million | CA$6.14 Million | ▼ -112 days |
| 2023 | 279 days | CA$366.97 Million | CA$1.31 Million/day | CA$192.00 Million | CA$92.67 Million | ▼ -142 days |
| 2022 | 421 days | CA$313.74 Million | CA$744.45K/day | CA$200.77 Million | CA$36.87 Million | ▼ -119 days |
| 2021 | 541 days | CA$596.29 Million | CA$1.10 Million/day | CA$305.50 Million | CA$240.53 Million | ▼ -121 days |
| 2020 | 662 days | CA$403.92 Million | CA$610.04K/day | CA$344.93 Million | CA$3.12 Million | ▲ +384 days |
| 2019 | 278 days | CA$100.49 Million | CA$361.43K/day | CA$67.72 Million | CA$988.00K | ▼ -1 days |
| 2018 | 279 days | CA$81.18 Million | CA$291.18K/day | CA$60.82 Million | CA$1.78 Million | ▼ -709 days |
| 2017 | 988 days | CA$82.53 Million | CA$83.57K/day | CA$67.96 Million | CA$3.33 Million | ▼ -10296 days |
| 2016 | 11284 days | CA$44.61 Million | CA$3.95K/day | CA$40.63 Million | CA$797.00K | ▲ +10442 days |
| 2015 | 841 days | CA$438.00K | CA$520.55/day | CA$- | CA$400.00K | ▲ +705 days |
| 2014 | 137 days | CA$62.30K | CA$455.89/day | CA$- | CA$- | ▲ +58 days |
| 2013 | 79 days | CA$34.50K | CA$437.26/day | CA$- | CA$- | ▼ -150 days |
| 2012 | 229 days | CA$10.12K | CA$44.22/day | CA$- | CA$- | ▲ +223 days |
| 2011 | 6 days | CA$280.64 | CA$44.22/day | CA$- | CA$- | ▲ +4 days |
| 2010 | 3 days | CA$280.64 | CA$103.13/day | CA$- | CA$- | ▼ -43 days |
| 2009 | 46 days | CA$2.25K | CA$48.79/day | CA$- | CA$- | ▲ +36 days |
| 2008 | 11 days | CA$653.36 | CA$61.81/day | CA$- | CA$- | ▲ +1 days |
| 2007 | 10 days | CA$314.78 | CA$31.94/day | CA$- | CA$- | — |