Steppe Gold Ltd (STGO) — Defensive Interval Ratio

Latest as of December 2025: 361 days

Steppe Gold Ltd (STGO) has a Defensive Interval Ratio of 361 days as of December 2025. Defensive assets of CA$108.69 Million (cash CA$-, short-term investments CA$103.78 Million, receivables CA$4.91 Million) cover 361 days of daily cash needs of CA$301.06K/day. Check STGO goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

361 days
Days of operational coverage

Defensive Assets

CA$108.69 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$301.06K
Current Liabilities ÷ 365

Current Liabilities

CA$109.89 Million
CAD

Steppe Gold Ltd Defensive Interval Ratio (2016–2025)

This chart shows how Steppe Gold Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 361 days, meaning defensive assets of CA$108.69 Million can fund 361 days of operations without new revenue. Also explore Steppe Gold Ltd (STGO) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Steppe Gold Ltd (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for Steppe Gold Ltd 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. For live market cap and the full company financial profile, see STGO company net worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 361 days CA$108.69 Million CA$301.06K/day CA$- CA$103.78 Million ▼ -217 days
2024 578 days CA$102.62 Million CA$177.46K/day CA$- CA$97.05 Million ▲ +578 days
2023 1 days CA$41.00K CA$74.73K/day CA$- CA$0.00 ▼ -13 days
2022 14 days CA$1.32 Million CA$96.22K/day CA$- CA$365.00K ▼ -5 days
2021 19 days CA$3.72 Million CA$199.85K/day CA$- CA$1.43 Million ▼ -85 days
2020 103 days CA$5.72 Million CA$55.36K/day CA$- CA$5.03 Million ▲ +101 days
2019 2 days CA$148.49K CA$61.23K/day CA$- CA$0.00 ▼ -6 days
2018 8 days CA$143.08K CA$17.83K/day CA$- CA$- ▼ -11 days
2017 19 days CA$289.38K CA$15.54K/day CA$- CA$- ▼ -2 days
2016 21 days CA$9.92K CA$477.38/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)