Kelt Exploration Ltd. (KEL) — Defensive Interval Ratio

Latest as of September 2025: 165 days

Kelt Exploration Ltd. (KEL) has a Defensive Interval Ratio of 165 days as of September 2025. Defensive assets of CA$44.62 Million (cash CA$1.34 Million, short-term investments CA$-, receivables CA$43.28 Million) cover 165 days of daily cash needs of CA$270.18K/day. Check tangible equity quality of Kelt Exploration Ltd. to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

165 days
Days of operational coverage

Defensive Assets

CA$44.62 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$270.18K
Current Liabilities ÷ 365

Current Liabilities

CA$98.61 Million
CAD

Kelt Exploration Ltd. Defensive Interval Ratio (2012–2024)

This chart shows how Kelt Exploration Ltd.'s Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 165 days, meaning defensive assets of CA$44.62 Million can fund 165 days of operations without new revenue. Also explore Kelt Exploration Ltd. equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Kelt Exploration Ltd. (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Kelt Exploration Ltd. from 2012 to 2024, covering 13 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 how much is Kelt Exploration Ltd. worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 231 days CA$59.15 Million CA$256.45K/day CA$228.00K CA$- ▼ -27 days
2023 258 days CA$64.53 Million CA$249.98K/day CA$14.34 Million CA$- ▼ -62 days
2022 320 days CA$76.65 Million CA$239.44K/day CA$125.00K CA$- ▲ +114 days
2021 206 days CA$43.30 Million CA$209.77K/day CA$719.00K CA$- ▼ -230 days
2020 436 days CA$48.57 Million CA$111.32K/day CA$31.57 Million CA$- ▲ +225 days
2019 211 days CA$48.35 Million CA$229.16K/day CA$8.37 Million CA$- ▼ -29 days
2018 240 days CA$55.88 Million CA$233.11K/day CA$6.46 Million CA$3.25 Million ▲ +66 days
2017 174 days CA$43.14 Million CA$247.70K/day CA$3.69 Million CA$- ▼ -19 days
2016 193 days CA$30.97 Million CA$160.29K/day CA$560.00K CA$- ▲ +40 days
2015 154 days CA$27.27 Million CA$177.51K/day CA$- CA$- ▲ +50 days
2014 104 days CA$27.95 Million CA$269.11K/day CA$- CA$- ▼ -1 days
2013 105 days CA$13.08 Million CA$124.58K/day CA$- CA$- ▲ +92 days
2012 13 days CA$3.62 Million CA$275.87K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)