Adex Mining Inc Defensive Interval Ratio
Adex Mining Inc defensive interval ratio. Adex Mining Inc (ADE) has a Defensive Interval Ratio of 0 days as of June 2023. Defensive assets of CA$6.58K (cash CA$-, short-term investments CA$-, receivables CA$6.58K) cover 0 days of daily cash needs of CA$18.24K/day. See working capital to net assets of Adex Mining Inc to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Adex Mining Inc (2013–2022)
Defensive interval ratio of Adex Mining Inc from 2013 to 2022. This chart shows how Adex Mining Inc's Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2022. As of June 2023, the ratio stands at 0 days, meaning defensive assets of CA$6.58K can fund 0 days of operations without new revenue. Read Adex Mining Inc balance sheet liabilities for a breakdown of total debt and financial obligations.
Adex Mining Inc Defensive Interval Ratio by Year (2013–2022)
Adex Mining Inc defensive interval ratio by year from 2013 to 2022. The table below presents the year-by-year Defensive Interval Ratio for Adex Mining Inc from 2013 to 2022, 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 the complete balance sheet picture, see ADE total assets.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 1 days | CA$10.51K | CA$16.88K/day | CA$- | CA$- | ▼ -56 days |
| 2021 | 57 days | CA$34.11K | CA$597.65/day | CA$- | CA$- | ▲ +19 days |
| 2020 | 38 days | CA$22.96K | CA$603.85/day | CA$- | CA$- | ▲ +35 days |
| 2019 | 3 days | CA$22.95K | CA$9.01K/day | CA$- | CA$- | ▼ -1 days |
| 2018 | 3 days | CA$23.28K | CA$7.16K/day | CA$- | CA$- | ▲ +1 days |
| 2017 | 2 days | CA$11.84K | CA$5.67K/day | CA$- | CA$- | ▼ -4 days |
| 2016 | 6 days | CA$19.72K | CA$3.25K/day | CA$- | CA$- | ▼ -28 days |
| 2015 | 34 days | CA$38.70K | CA$1.13K/day | CA$- | CA$- | ▲ +16 days |
| 2014 | 18 days | CA$156.63K | CA$8.47K/day | CA$- | CA$- | ▼ -31 days |
| 2013 | 49 days | CA$122.78K | CA$2.49K/day | CA$- | CA$- | — |