Kelt Exploration Ltd. Defensive Interval Ratio
Kelt Exploration Ltd. defensive interval ratio. 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. Explore long-term investment intensity of Kelt Exploration Ltd. to see how much of total assets are deployed in long-term investments.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Kelt Exploration Ltd. (2012–2024)
Defensive interval ratio of Kelt Exploration Ltd. from 2012 to 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. Read KEL current and long-term liabilities for a breakdown of total debt and financial obligations.
Kelt Exploration Ltd. Defensive Interval Ratio by Year (2012–2024)
Kelt Exploration Ltd. defensive interval ratio by year from 2012 to 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 the complete balance sheet picture, see balance sheet size of Kelt Exploration Ltd..
| 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$- | — |