Awale Resources Ltd (ARIC) — Defensive Interval Ratio

Latest as of September 2023: 72 days

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 (ARIC) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

72 days
Days of operational coverage

Defensive Assets

CA$208.41K
Cash + ST Investments + Receivables

Daily Cash Need

CA$2.89K
Current Liabilities ÷ 365

Current Liabilities

CA$1.05 Million
CAD

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. See debt-free asset ratio of Awale Resources Ltd to measure how much of total assets are equity-financed.

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 Awale Resources Ltd market capitalisation.

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$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)