Astra Exploration Inc (ASTR) — Defensive Interval Ratio

Latest as of December 2024: 238 days

Astra Exploration Inc (ASTR) has a Defensive Interval Ratio of 238 days as of December 2024. Defensive assets of CA$9.12K (cash CA$-, short-term investments CA$-, receivables CA$9.12K) cover 238 days of daily cash needs of CA$38.33/day. Check Astra Exploration Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

238 days
Days of operational coverage

Defensive Assets

CA$9.12K
Cash + ST Investments + Receivables

Daily Cash Need

CA$38.33
Current Liabilities ÷ 365

Current Liabilities

CA$13.99K
CAD

Astra Exploration Inc Defensive Interval Ratio (2021–2024)

This chart shows how Astra Exploration Inc's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of December 2024, the ratio stands at 238 days, meaning defensive assets of CA$9.12K can fund 238 days of operations without new revenue. Also explore Astra Exploration Inc annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Astra Exploration Inc (2021–2024)

The table below presents the year-by-year Defensive Interval Ratio for Astra Exploration Inc from 2021 to 2024, covering 4 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 Astra Exploration Inc stock valuation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 50 days CA$18.78K CA$378.81/day CA$- CA$- ▼ -26 days
2023 76 days CA$26.16K CA$344.67/day CA$- CA$- ▲ +57 days
2022 19 days CA$21.36K CA$1.12K/day CA$- CA$- ▼ -8 days
2021 27 days CA$12.25K CA$448.64/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)