Apogee Minerals Ltd Defensive Interval Ratio
Apogee Minerals Ltd defensive interval ratio. Apogee Minerals Ltd (APMI) has a Defensive Interval Ratio of 140 days as of April 2023. Defensive assets of CA$5.98K (cash CA$-, short-term investments CA$-, receivables CA$5.98K) cover 140 days of daily cash needs of CA$42.70/day. See working capital to net assets of Apogee Minerals Ltd to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Apogee Minerals Ltd (2020–2022)
Defensive interval ratio of Apogee Minerals Ltd from 2020 to 2022. This chart shows how Apogee Minerals Ltd's Defensive Interval Ratio has evolved across 3 annual periods from 2020 to 2022. As of April 2023, the ratio stands at 140 days, meaning defensive assets of CA$5.98K can fund 140 days of operations without new revenue. Read Apogee Minerals Ltd debt and liabilities for a breakdown of total debt and financial obligations.
Apogee Minerals Ltd Defensive Interval Ratio by Year (2020–2022)
Apogee Minerals Ltd defensive interval ratio by year from 2020 to 2022. The table below presents the year-by-year Defensive Interval Ratio for Apogee Minerals Ltd from 2020 to 2022, covering 3 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 the complete balance sheet picture, see how large is Apogee Minerals Ltd's balance sheet.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 517 days | CA$17.63K | CA$34.13/day | CA$- | CA$- | ▲ +177 days |
| 2021 | 340 days | CA$50.00K | CA$147.22/day | CA$- | CA$- | ▲ +340 days |
| 2020 | 0 days | CA$0.00 | CA$24.16/day | CA$- | CA$- | — |