Apex Resources Inc (APX) — Defensive Interval Ratio

Latest as of September 2025: 36 days

Apex Resources Inc (APX) has a Defensive Interval Ratio of 36 days as of September 2025. Defensive assets of CA$77.96K (cash CA$-, short-term investments CA$17.42K, receivables CA$60.54K) cover 36 days of daily cash needs of CA$2.14K/day. Check tangible equity quality of Apex Resources Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

36 days
Days of operational coverage

Defensive Assets

CA$77.96K
Cash + ST Investments + Receivables

Daily Cash Need

CA$2.14K
Current Liabilities ÷ 365

Current Liabilities

CA$781.11K
CAD

Apex Resources Inc Defensive Interval Ratio (2013–2024)

This chart shows how Apex Resources Inc's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 36 days, meaning defensive assets of CA$77.96K can fund 36 days of operations without new revenue. Also explore Apex Resources Inc equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Apex Resources Inc (2013–2024)

The table below presents the year-by-year Defensive Interval Ratio for Apex Resources Inc from 2013 to 2024, covering 12 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 Apex Resources Inc market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 49 days CA$80.31K CA$1.65K/day CA$- CA$30.92K ▼ -16 days
2023 65 days CA$80.67K CA$1.25K/day CA$- CA$37.67K ▼ -40 days
2022 104 days CA$106.00K CA$1.02K/day CA$- CA$77.17K ▼ -109 days
2021 213 days CA$204.59K CA$959.26/day CA$- CA$190.50K ▲ +52 days
2020 161 days CA$71.25K CA$441.18/day CA$- CA$55.00K ▼ -20 days
2019 181 days CA$55.57K CA$306.76/day CA$- CA$44.17K ▼ -1053 days
2018 1234 days CA$310.17K CA$251.38/day CA$- CA$297.79K ▼ -968 days
2017 2202 days CA$356.73K CA$162.04/day CA$- CA$346.17K ▲ +1936 days
2016 266 days CA$42.68K CA$160.52/day CA$- CA$33.33K ▲ +251 days
2015 15 days CA$3.84K CA$250.83/day CA$- CA$- ▼ -10 days
2014 25 days CA$4.00K CA$157.09/day CA$- CA$- ▼ -15 days
2013 40 days CA$28.89K CA$721.59/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)