AM Resources Corp (AMR) — Defensive Interval Ratio

Latest as of September 2023: 126 days

AM Resources Corp (AMR) has a Defensive Interval Ratio of 126 days as of September 2023. Defensive assets of CA$273.24K (cash CA$-, short-term investments CA$-, receivables CA$273.24K) cover 126 days of daily cash needs of CA$2.16K/day. Check AMR tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

126 days
Days of operational coverage

Defensive Assets

CA$273.24K
Cash + ST Investments + Receivables

Daily Cash Need

CA$2.16K
Current Liabilities ÷ 365

Current Liabilities

CA$789.45K
CAD

AM Resources Corp Defensive Interval Ratio (2016–2022)

This chart shows how AM Resources Corp's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2022. As of September 2023, the ratio stands at 126 days, meaning defensive assets of CA$273.24K can fund 126 days of operations without new revenue. Also explore net asset momentum of AM Resources Corp to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for AM Resources Corp (2016–2022)

The table below presents the year-by-year Defensive Interval Ratio for AM Resources 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 value of AM Resources Corp.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 91 days CA$134.28K CA$1.47K/day CA$- CA$- ▲ +90 days
2021 1 days CA$1.74K CA$1.24K/day CA$- CA$- ▼ -4 days
2020 6 days CA$39.04K CA$6.79K/day CA$- CA$32.38K ▼ -37 days
2019 43 days CA$198.90K CA$4.67K/day CA$- CA$10.01K ▼ -25 days
2018 67 days CA$247.27K CA$3.67K/day CA$- CA$17.27K ▼ -268 days
2017 335 days CA$245.57K CA$733.24/day CA$- CA$- ▲ +210 days
2016 124 days CA$49.59K CA$398.45/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)