Awale Resources Ltd Defensive Interval Ratio
Awale Resources Ltd defensive interval ratio. Awale Resources Ltd (ARIC) has a Defensive Interval Ratio of 72 days as of September 2023. Defensive assets of CA$208.41K (cash CA$-, short-term investments CA$-, receivables CA$208.41K) cover 72 days of daily cash needs of CA$2.89K/day. See Awale Resources Ltd current assets vs equity 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 Awale Resources Ltd (2015–2022)
Defensive interval ratio of Awale Resources Ltd from 2015 to 2022. This chart shows how Awale Resources Ltd's Defensive Interval Ratio has evolved across 8 annual periods from 2015 to 2022. As of September 2023, the ratio stands at 72 days, meaning defensive assets of CA$208.41K can fund 72 days of operations without new revenue. Read Awale Resources Ltd total liabilities for a breakdown of total debt and financial obligations.
Awale Resources Ltd Defensive Interval Ratio by Year (2015–2022)
Awale Resources Ltd defensive interval ratio by year from 2015 to 2022. The table below presents the year-by-year Defensive Interval Ratio for Awale Resources Ltd from 2015 to 2022, covering 8 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 Awale Resources Ltd total assets.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 34 days | CA$207.70K | CA$6.12K/day | CA$- | CA$- | ▲ +29 days |
| 2021 | 5 days | CA$16.57K | CA$3.11K/day | CA$- | CA$- | ▲ +0 days |
| 2020 | 5 days | CA$17.74K | CA$3.63K/day | CA$- | CA$- | ▼ -72 days |
| 2019 | 77 days | CA$184.89K | CA$2.40K/day | CA$- | CA$- | ▲ +44 days |
| 2018 | 33 days | CA$22.24K | CA$668.81/day | CA$- | CA$- | ▼ -30 days |
| 2017 | 63 days | CA$127.91K | CA$2.03K/day | CA$- | CA$- | ▲ +0 days |
| 2016 | 63 days | CA$1.65K | CA$26.16/day | CA$- | CA$- | ▲ +63 days |
| 2015 | 0 days | CA$5.04 | CA$31.78/day | CA$- | CA$- | — |