Aranjin Resources Ltd (ARJN) — Defensive Interval Ratio

Latest as of June 2023: 0 days

Aranjin Resources Ltd (ARJN) has a Defensive Interval Ratio of 0 days as of June 2023. Defensive assets of CA$6.03K (cash CA$-, short-term investments CA$-, receivables CA$6.03K) cover 0 days of daily cash needs of CA$13.40K/day. Check Aranjin Resources Ltd (ARJN) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

CA$6.03K
Cash + ST Investments + Receivables

Daily Cash Need

CA$13.40K
Current Liabilities ÷ 365

Current Liabilities

CA$4.89 Million
CAD

Aranjin Resources Ltd Defensive Interval Ratio (2016–2021)

This chart shows how Aranjin Resources Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2016 to 2021. As of June 2023, the ratio stands at 0 days, meaning defensive assets of CA$6.03K can fund 0 days of operations without new revenue. Also explore Aranjin Resources Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Aranjin Resources Ltd (2016–2021)

The table below presents the year-by-year Defensive Interval Ratio for Aranjin Resources Ltd from 2016 to 2021, covering 6 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 Aranjin Resources Ltd market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2021 9 days CA$52.07K CA$5.74K/day CA$- CA$- ▼ -8 days
2020 17 days CA$33.04K CA$1.96K/day CA$- CA$- ▲ +17 days
2019 0 days CA$9.00 CA$2.86K/day CA$- CA$- ▼ -8 days
2018 8 days CA$17.25K CA$2.12K/day CA$- CA$- ▲ +2 days
2017 7 days CA$13.80K CA$2.09K/day CA$- CA$- ▼ -14 days
2016 21 days CA$37.79K CA$1.82K/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)