Aloro Mining Corp (AORO) — Defensive Interval Ratio
Aloro Mining Corp (AORO) has a Defensive Interval Ratio of 4 days as of June 2023. Defensive assets of CA$16.01K (cash CA$-, short-term investments CA$-, receivables CA$16.01K) cover 4 days of daily cash needs of CA$4.17K/day. Check tangible net worth ratio of Aloro Mining Corp to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Aloro Mining Corp Defensive Interval Ratio (2016–2021)
This chart shows how Aloro Mining Corp's Defensive Interval Ratio has evolved across 6 annual periods from 2016 to 2021. As of June 2023, the ratio stands at 4 days, meaning defensive assets of CA$16.01K can fund 4 days of operations without new revenue. Also explore net asset momentum of Aloro Mining Corp to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Aloro Mining Corp (2016–2021)
The table below presents the year-by-year Defensive Interval Ratio for Aloro Mining Corp from 2016 to 2021, covering 6 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 Aloro Mining Corp market cap and net worth.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2021 | 2 days | CA$6.64K | CA$2.95K/day | CA$- | CA$- | ▼ -5 days |
| 2020 | 7 days | CA$20.84K | CA$2.91K/day | CA$- | CA$- | ▲ +1 days |
| 2019 | 7 days | CA$13.50K | CA$2.08K/day | CA$- | CA$- | ▼ -15 days |
| 2018 | 22 days | CA$31.47K | CA$1.46K/day | CA$- | CA$- | ▲ +5 days |
| 2017 | 17 days | CA$13.97K | CA$827.70/day | CA$- | CA$- | ▼ -8 days |
| 2016 | 25 days | CA$13.75K | CA$550.58/day | CA$- | CA$- | — |