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. See Aloro Mining Corp (AORO) working capital ratio to evaluate short-term liquidity relative to 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. See AORO equity financing ratio to measure how much of total assets are equity-financed.
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 stock valuation.
| 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$- | — |