Ero Copper Corp (ERO) — Defensive Interval Ratio
Ero Copper Corp (ERO) has a Defensive Interval Ratio of 94 days as of June 2026. Defensive assets of CA$60.94 Million (cash CA$-, short-term investments CA$-, receivables CA$60.94 Million) cover 94 days of daily cash needs of CA$647.52K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Ero Copper Corp Defensive Interval Ratio (2016–2025)
This chart shows how Ero Copper Corp's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of June 2026, the ratio stands at 94 days, meaning defensive assets of CA$60.94 Million can fund 94 days of operations without new revenue. For the complete balance sheet picture, see ERO current and non-current assets.
Annual Defensive Interval Ratio for Ero Copper Corp (2016–2025)
The table below presents the year-by-year Defensive Interval Ratio for Ero Copper Corp from 2016 to 2025, covering 10 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 ERO working capital 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) |
|---|---|---|---|---|---|---|
| 2025 | 217 days | CA$154.82 Million | CA$713.00K/day | CA$105.44 Million | CA$- | ▲ +61 days |
| 2024 | 156 days | CA$90.66 Million | CA$580.02K/day | CA$50.40 Million | CA$- | ▼ -138 days |
| 2023 | 294 days | CA$140.01 Million | CA$476.16K/day | CA$111.74 Million | CA$0.00 | ▼ -696 days |
| 2022 | 990 days | CA$350.18 Million | CA$353.76K/day | CA$177.70 Million | CA$139.70 Million | ▲ +511 days |
| 2021 | 479 days | CA$160.83 Million | CA$336.05K/day | CA$130.13 Million | CA$0.00 | ▲ +93 days |
| 2020 | 385 days | CA$96.82 Million | CA$251.29K/day | CA$62.51 Million | CA$- | ▲ +253 days |
| 2019 | 132 days | CA$29.16 Million | CA$220.50K/day | CA$21.48 Million | CA$- | ▼ -26 days |
| 2018 | 158 days | CA$26.16 Million | CA$165.11K/day | CA$18.94 Million | CA$- | ▼ -193 days |
| 2017 | 352 days | CA$53.31 Million | CA$151.59K/day | CA$51.10 Million | CA$- | ▲ +315 days |
| 2016 | 36 days | CA$18.39 Million | CA$507.19K/day | CA$18.32 Million | CA$- | — |