Awale Resources Ltd (ARIC) — 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. Check Awale Resources Ltd (ARIC) tangible net worth to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Awale Resources Ltd Defensive Interval Ratio (2015–2022)
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. Also explore ARIC shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Awale Resources Ltd (2015–2022)
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 live market cap and the full company financial profile, see market cap of Awale Resources Ltd.
| 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$- | — |