Altamira Gold Corp (ALTA) — Defensive Interval Ratio

Latest as of May 2024: 68 days

Altamira Gold Corp (ALTA) has a Defensive Interval Ratio of 68 days as of May 2024. Defensive assets of CA$64.89K (cash CA$-, short-term investments CA$-, receivables CA$64.89K) cover 68 days of daily cash needs of CA$958.32/day. Check Altamira Gold Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

68 days
Days of operational coverage

Defensive Assets

CA$64.89K
Cash + ST Investments + Receivables

Daily Cash Need

CA$958.32
Current Liabilities ÷ 365

Current Liabilities

CA$349.79K
CAD

Altamira Gold Corp Defensive Interval Ratio (2002–2024)

This chart shows how Altamira Gold Corp's Defensive Interval Ratio has evolved across 23 annual periods from 2002 to 2024. As of May 2024, the ratio stands at 68 days, meaning defensive assets of CA$64.89K can fund 68 days of operations without new revenue. Also explore ALTA shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Altamira Gold Corp (2002–2024)

The table below presents the year-by-year Defensive Interval Ratio for Altamira Gold Corp from 2002 to 2024, 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 ALTA stock market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 33 days CA$64.08K CA$1.95K/day CA$- CA$- ▲ +10 days
2023 23 days CA$33.63K CA$1.45K/day CA$- CA$- ▲ +5 days
2022 18 days CA$18.39K CA$1.00K/day CA$- CA$- ▼ -2 days
2021 20 days CA$15.87K CA$779.30/day CA$- CA$- ▲ +17 days
2020 4 days CA$3.31K CA$944.08/day CA$- CA$- ▼ -11 days
2019 15 days CA$6.98K CA$479.58/day CA$- CA$- ▼ -1284 days
2018 1298 days CA$1.03 Million CA$791.76/day CA$- CA$1.00 Million ▲ +1255 days
2017 43 days CA$76.96K CA$1.80K/day CA$- CA$59.62K ▼ -268 days
2016 311 days CA$275.90K CA$887.67/day CA$- CA$- ▲ +264 days
2015 47 days CA$10.99K CA$234.20/day CA$- CA$- ▼ -64 days
2015 111 days CA$22.00K CA$197.80/day CA$- CA$- ▲ +105 days
2014 7 days CA$2.53K CA$382.78/day CA$- CA$- ▼ -529 days
2013 536 days CA$201.90K CA$376.79/day CA$- CA$- ▲ +440 days
2012 96 days CA$68.32K CA$709.41/day CA$- CA$- ▲ +31 days
2011 66 days CA$35.34K CA$537.79/day CA$- CA$- ▲ +49 days
2010 16 days CA$7.05K CA$427.67/day CA$- CA$- ▼ -2 days
2009 18 days CA$33.03K CA$1.80K/day CA$- CA$- ▼ -56 days
2008 75 days CA$102.53K CA$1.37K/day CA$- CA$- ▼ -79 days
2007 153 days CA$208.60K CA$1.36K/day CA$- CA$20.00K ▲ +73 days
2006 81 days CA$93.99K CA$1.16K/day CA$- CA$- ▲ +6 days
2005 75 days CA$37.83K CA$505.71/day CA$- CA$20.25K ▲ +71 days
2004 3 days CA$5.81K CA$1.72K/day CA$- CA$- ▼ -4 days
2002 8 days CA$7.28K CA$957.02/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)