Erdene Resource Development Corp (ERD) — Defensive Interval Ratio

Latest as of September 2025: 1463 days

Erdene Resource Development Corp (ERD) has a Defensive Interval Ratio of 1463 days as of September 2025. Defensive assets of CA$5.94 Million (cash CA$5.37 Million, short-term investments CA$-, receivables CA$570.92K) cover 1463 days of daily cash needs of CA$4.06K/day.

Defensive Interval Ratio

1463 days
Days of operational coverage

Defensive Assets

CA$5.94 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$4.06K
Current Liabilities ÷ 365

Current Liabilities

CA$1.48 Million
CAD

Erdene Resource Development Corp Defensive Interval Ratio (2002–2024)

This chart shows how Erdene Resource Development Corp's Defensive Interval Ratio has evolved across 23 annual periods from 2002 to 2024. As of September 2025, the ratio stands at 1463 days, meaning defensive assets of CA$5.94 Million can fund 1463 days of operations without new revenue. For the complete balance sheet picture, see total assets of Erdene Resource Development Corp.

Annual Defensive Interval Ratio for Erdene Resource Development Corp (2002–2024)

The table below presents the year-by-year Defensive Interval Ratio for Erdene Resource Development Corp from 2002 to 2024, covering 23 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 Erdene Resource Development Corp short-term liquidity ratio 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)
2024 7 days CA$14.91K CA$2.14K/day CA$- CA$- ▼ -6 days
2023 13 days CA$6.72K CA$510.00/day CA$- CA$- ▼ -18 days
2022 32 days CA$76.58K CA$2.43K/day CA$- CA$- ▼ -3531 days
2021 3563 days CA$7.09 Million CA$1.99K/day CA$7.06 Million CA$- ▼ -4147 days
2020 7710 days CA$12.89 Million CA$1.67K/day CA$12.80 Million CA$- ▲ +7669 days
2019 42 days CA$70.36K CA$1.69K/day CA$- CA$- ▼ -143 days
2018 184 days CA$113.41K CA$614.76/day CA$- CA$- ▼ -98 days
2017 282 days CA$148.07K CA$524.93/day CA$- CA$- ▲ +208 days
2016 74 days CA$36.85K CA$500.39/day CA$- CA$- ▲ +28 days
2015 46 days CA$55.66K CA$1.21K/day CA$- CA$- ▲ +22 days
2014 24 days CA$20.67K CA$854.25/day CA$- CA$- ▼ -109 days
2013 133 days CA$59.20K CA$445.20/day CA$- CA$- ▲ +28 days
2012 105 days CA$181.48K CA$1.73K/day CA$- CA$- ▲ +20 days
2011 85 days CA$242.85K CA$2.86K/day CA$- CA$- ▼ -232 days
2010 317 days CA$800.22K CA$2.53K/day CA$- CA$- ▼ -157 days
2009 473 days CA$635.46K CA$1.34K/day CA$- CA$232.44K ▼ -577 days
2008 1050 days CA$2.22 Million CA$2.12K/day CA$- CA$1.98 Million ▲ +988 days
2007 62 days CA$1.08 Million CA$17.27K/day CA$- CA$- ▲ +3 days
2006 59 days CA$527.48K CA$8.91K/day CA$- CA$164.33K ▼ -256 days
2005 315 days CA$240.26K CA$762.67/day CA$- CA$50.67K ▲ +165 days
2004 150 days CA$69.54K CA$464.32/day CA$- CA$28.17K ▼ -57 days
2003 207 days CA$42.89K CA$207.70/day CA$- CA$- ▲ +125 days
2002 82 days CA$9.42K CA$115.11/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)