Arctic Star Exploration Corp (ADD) — Defensive Interval Ratio

Latest as of March 2024: 145 days

Arctic Star Exploration Corp (ADD) has a Defensive Interval Ratio of 145 days as of March 2024. Defensive assets of CA$385.37K (cash CA$-, short-term investments CA$-, receivables CA$385.37K) cover 145 days of daily cash needs of CA$2.65K/day. Check how tangible is Arctic Star Exploration Corp's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

145 days
Days of operational coverage

Defensive Assets

CA$385.37K
Cash + ST Investments + Receivables

Daily Cash Need

CA$2.65K
Current Liabilities ÷ 365

Current Liabilities

CA$968.44K
CAD

Arctic Star Exploration Corp Defensive Interval Ratio (2001–2023)

This chart shows how Arctic Star Exploration Corp's Defensive Interval Ratio has evolved across 23 annual periods from 2001 to 2023. As of March 2024, the ratio stands at 145 days, meaning defensive assets of CA$385.37K can fund 145 days of operations without new revenue. Also explore net asset growth rate of Arctic Star Exploration Corp to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Arctic Star Exploration Corp (2001–2023)

The table below presents the year-by-year Defensive Interval Ratio for Arctic Star Exploration Corp from 2001 to 2023, covering 23 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 ADD market cap.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 153 days CA$299.43K CA$1.95K/day CA$- CA$- ▼ -475 days
2022 628 days CA$660.40K CA$1.05K/day CA$- CA$- ▲ +390 days
2021 238 days CA$735.05K CA$3.09K/day CA$- CA$- ▲ +233 days
2020 5 days CA$9.26K CA$1.80K/day CA$- CA$- ▼ -14 days
2019 19 days CA$37.36K CA$1.98K/day CA$- CA$- ▼ -82 days
2018 101 days CA$210.84K CA$2.10K/day CA$- CA$- ▲ +24 days
2017 77 days CA$129.18K CA$1.68K/day CA$- CA$- ▼ -15 days
2016 91 days CA$157.07K CA$1.72K/day CA$- CA$- ▲ +83 days
2015 8 days CA$11.99K CA$1.47K/day CA$- CA$7.50K ▼ -425 days
2014 433 days CA$256.44K CA$592.22/day CA$- CA$7.50K ▲ +263 days
2013 170 days CA$57.89K CA$340.05/day CA$- CA$7.50K ▼ -204 days
2012 374 days CA$250.96K CA$670.22/day CA$- CA$7.50K ▲ +261 days
2011 114 days CA$37.32K CA$327.58/day CA$- CA$- ▲ +100 days
2010 14 days CA$39.35K CA$2.76K/day CA$- CA$- ▼ -10 days
2009 24 days CA$65.61K CA$2.75K/day CA$- CA$- ▼ -30 days
2008 54 days CA$30.98K CA$576.90/day CA$- CA$- ▼ -684 days
2007 737 days CA$1.38 Million CA$1.87K/day CA$- CA$1.22 Million ▼ -865 days
2006 1602 days CA$2.47 Million CA$1.54K/day CA$- CA$2.31 Million ▲ +1461 days
2005 141 days CA$395.46K CA$2.81K/day CA$- CA$- ▼ -137 days
2004 278 days CA$189.07K CA$681.31/day CA$- CA$- ▼ -66 days
2003 344 days CA$125.74K CA$365.82/day CA$- CA$- ▲ +278 days
2002 65 days CA$45.89K CA$700.76/day CA$- CA$- ▲ +56 days
2001 10 days CA$11.33K CA$1.18K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)