Western Resources Corp (WRX) — Defensive Interval Ratio

Latest as of June 2024: 15 days

Western Resources Corp (WRX) has a Defensive Interval Ratio of 15 days as of June 2024. Defensive assets of CA$1.10 Million (cash CA$308.89K, short-term investments CA$667.25K, receivables CA$122.17K) cover 15 days of daily cash needs of CA$74.49K/day.

Defensive Interval Ratio

15 days
Days of operational coverage

Defensive Assets

CA$1.10 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$74.49K
Current Liabilities ÷ 365

Current Liabilities

CA$27.19 Million
CAD

Western Resources Corp Defensive Interval Ratio (2007–2023)

This chart shows how Western Resources Corp's Defensive Interval Ratio has evolved across 17 annual periods from 2007 to 2023. As of June 2024, the ratio stands at 15 days, meaning defensive assets of CA$1.10 Million can fund 15 days of operations without new revenue. For the complete balance sheet picture, see WRX total asset value.

Annual Defensive Interval Ratio for Western Resources Corp (2007–2023)

The table below presents the year-by-year Defensive Interval Ratio for Western Resources Corp from 2007 to 2023, covering 17 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 working capital position of Western Resources Corp 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)
2023 238 days CA$9.00 Million CA$37.78K/day CA$- CA$8.71 Million ▼ -552 days
2022 790 days CA$31.12 Million CA$39.39K/day CA$2.20 Million CA$28.26 Million ▲ +788 days
2021 2 days CA$213.93K CA$124.50K/day CA$- CA$70.85K ▼ -25 days
2020 27 days CA$4.15 Million CA$156.39K/day CA$- CA$3.30 Million ▼ -85 days
2019 112 days CA$6.94 Million CA$62.15K/day CA$- CA$4.68 Million ▼ -2338 days
2018 2450 days CA$9.88 Million CA$4.03K/day CA$9.15 Million CA$343.39K ▼ -125224 days
2017 127673 days CA$56.56 Million CA$442.99/day CA$1.61 Million CA$54.79 Million ▲ +124317 days
2016 3356 days CA$2.75 Million CA$819.11/day CA$1.76 Million CA$94.30K ▲ +3131 days
2015 226 days CA$1.55 Million CA$6.87K/day CA$- CA$677.35K ▼ -1437 days
2014 1663 days CA$1.32 Million CA$791.44/day CA$- CA$974.20K ▲ +1331 days
2013 332 days CA$351.75K CA$1.06K/day CA$- CA$256.92 ▼ -167 days
2012 499 days CA$1.47 Million CA$2.94K/day CA$- CA$120.00 ▼ -508 days
2011 1007 days CA$2.23 Million CA$2.22K/day CA$- CA$- ▼ -2139 days
2010 3146 days CA$5.24 Million CA$1.66K/day CA$- CA$- ▲ +2788 days
2009 358 days CA$933.98K CA$2.61K/day CA$- CA$- ▲ +250 days
2008 108 days CA$321.95K CA$2.99K/day CA$- CA$- ▼ -4141 days
2007 4249 days CA$1.14 Million CA$269.13/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)