Alpha Exploration Ltd Defensive Interval Ratio
Alpha Exploration Ltd defensive interval ratio. Alpha Exploration Ltd (ALEX) has a Defensive Interval Ratio of 22 days as of June 2023. Defensive assets of CA$32.52K (cash CA$-, short-term investments CA$-, receivables CA$32.52K) cover 22 days of daily cash needs of CA$1.47K/day. See how liquid is Alpha Exploration Ltd's working capital 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 Alpha Exploration Ltd (2019–2021)
Defensive interval ratio of Alpha Exploration Ltd from 2019 to 2021. This chart shows how Alpha Exploration Ltd's Defensive Interval Ratio has evolved across 3 annual periods from 2019 to 2021. As of June 2023, the ratio stands at 22 days, meaning defensive assets of CA$32.52K can fund 22 days of operations without new revenue. Read Alpha Exploration Ltd debt and liabilities for a breakdown of total debt and financial obligations.
Alpha Exploration Ltd Defensive Interval Ratio by Year (2019–2021)
Alpha Exploration Ltd defensive interval ratio by year from 2019 to 2021. The table below presents the year-by-year Defensive Interval Ratio for Alpha Exploration Ltd from 2019 to 2021, covering 3 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 how large is Alpha Exploration Ltd's balance sheet.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2021 | 24 days | CA$51.88K | CA$2.13K/day | CA$- | CA$- | ▲ +21 days |
| 2020 | 4 days | CA$9.73K | CA$2.73K/day | CA$- | CA$- | ▲ +2 days |
| 2019 | 2 days | CA$1.41K | CA$766.40/day | CA$- | CA$- | — |