Alliance Mining Corp (ALM) — Defensive Interval Ratio

Latest as of June 2023: 2 days

Alliance Mining Corp (ALM) has a Defensive Interval Ratio of 2 days as of June 2023. Defensive assets of CA$11.93K (cash CA$-, short-term investments CA$-, receivables CA$11.93K) cover 2 days of daily cash needs of CA$7.89K/day. See Alliance Mining Corp (ALM) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

CA$11.93K
Cash + ST Investments + Receivables

Daily Cash Need

CA$7.89K
Current Liabilities ÷ 365

Current Liabilities

CA$2.88 Million
CAD

Alliance Mining Corp Defensive Interval Ratio (2016–2022)

This chart shows how Alliance Mining Corp's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2022. As of June 2023, the ratio stands at 2 days, meaning defensive assets of CA$11.93K can fund 2 days of operations without new revenue. Also explore Alliance Mining Corp (ALM) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Alliance Mining Corp (2016–2022)

The table below presents the year-by-year Defensive Interval Ratio for Alliance Mining Corp from 2016 to 2022, covering 7 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 market cap of Alliance Mining Corp.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 1 days CA$4.22K CA$6.73K/day CA$- CA$- ▼ 0 days
2021 1 days CA$4.62K CA$5.80K/day CA$- CA$- ▲ +0 days
2020 1 days CA$3.86K CA$5.32K/day CA$- CA$- ▼ 0 days
2019 1 days CA$4.23K CA$4.46K/day CA$- CA$- ▼ 0 days
2018 1 days CA$4.44K CA$3.47K/day CA$- CA$- ▼ 0 days
2017 1 days CA$2.89K CA$1.95K/day CA$- CA$- ▼ -1 days
2016 2 days CA$3.90K CA$1.85K/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)