GoGold Resources Inc. (GGD) — Defensive Interval Ratio

Latest as of March 2026: 322 days

GoGold Resources Inc. (GGD) has a Defensive Interval Ratio of 322 days as of March 2026. Defensive assets of CA$28.24 Million (cash CA$-, short-term investments CA$-, receivables CA$28.24 Million) cover 322 days of daily cash needs of CA$87.79K/day. See working capital to net assets of GoGold Resources Inc. to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

322 days
Days of operational coverage

Defensive Assets

CA$28.24 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$87.79K
Current Liabilities ÷ 365

Current Liabilities

CA$32.04 Million
CAD

GoGold Resources Inc. Defensive Interval Ratio (2010–2025)

This chart shows how GoGold Resources Inc.'s Defensive Interval Ratio has evolved across 16 annual periods from 2010 to 2025. As of March 2026, the ratio stands at 322 days, meaning defensive assets of CA$28.24 Million can fund 322 days of operations without new revenue. See GoGold Resources Inc. (GGD) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for GoGold Resources Inc. (2010–2025)

The table below presents the year-by-year Defensive Interval Ratio for GoGold Resources Inc. from 2010 to 2025, covering 16 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 value of GoGold Resources Inc..

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 318 days CA$19.65 Million CA$61.89K/day CA$- CA$- ▲ +1 days
2024 316 days CA$13.41 Million CA$42.43K/day CA$- CA$- ▲ +196 days
2023 120 days CA$4.15 Million CA$34.70K/day CA$- CA$- ▲ +8 days
2022 112 days CA$3.62 Million CA$32.35K/day CA$- CA$- ▼ -279 days
2021 391 days CA$11.46 Million CA$29.34K/day CA$- CA$- ▼ -134 days
2020 525 days CA$11.61 Million CA$22.13K/day CA$- CA$0.00 ▲ +73 days
2019 452 days CA$10.28 Million CA$22.73K/day CA$- CA$4.75 Million ▲ +80 days
2018 372 days CA$3.89 Million CA$10.46K/day CA$- CA$- ▲ +368 days
2017 4 days CA$757.00K CA$189.35K/day CA$- CA$- ▲ +1 days
2016 3 days CA$416.00K CA$133.43K/day CA$- CA$- ▼ -106 days
2015 109 days CA$1.74 Million CA$15.90K/day CA$- CA$- ▲ +81 days
2014 28 days CA$1.29 Million CA$45.71K/day CA$- CA$- ▼ -15 days
2013 43 days CA$330.90K CA$7.65K/day CA$- CA$- ▼ -210 days
2012 254 days CA$604.71K CA$2.38K/day CA$- CA$- ▼ -795 days
2011 1048 days CA$715.90K CA$682.81/day CA$- CA$278.38K ▲ +798 days
2010 250 days CA$30.20K CA$120.78/day CA$- CA$10.92K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)