AuQ Gold Mining Inc (AUQ) — Defensive Interval Ratio

Latest as of November 2024: 15 days

AuQ Gold Mining Inc (AUQ) has a Defensive Interval Ratio of 15 days as of November 2024. Defensive assets of CA$46.19K (cash CA$-, short-term investments CA$-, receivables CA$46.19K) cover 15 days of daily cash needs of CA$3.18K/day. See AuQ Gold Mining Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

15 days
Days of operational coverage

Defensive Assets

CA$46.19K
Cash + ST Investments + Receivables

Daily Cash Need

CA$3.18K
Current Liabilities ÷ 365

Current Liabilities

CA$1.16 Million
CAD

AuQ Gold Mining Inc Defensive Interval Ratio (2017–2024)

This chart shows how AuQ Gold Mining Inc's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of November 2024, the ratio stands at 15 days, meaning defensive assets of CA$46.19K can fund 15 days of operations without new revenue. See AuQ Gold Mining Inc (AUQ) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for AuQ Gold Mining Inc (2017–2024)

The table below presents the year-by-year Defensive Interval Ratio for AuQ Gold Mining Inc from 2017 to 2024, 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 AUQ company net worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 16 days CA$44.44K CA$2.86K/day CA$- CA$- ▲ +0 days
2023 15 days CA$28.19K CA$1.83K/day CA$- CA$- ▼ -3 days
2022 18 days CA$26.82K CA$1.49K/day CA$- CA$- ▼ -4 days
2021 22 days CA$13.31K CA$603.93/day CA$- CA$- ▲ +16 days
2020 6 days CA$11.16K CA$1.77K/day CA$- CA$- ▲ +0 days
2019 6 days CA$13.89K CA$2.20K/day CA$- CA$- ▼ -57 days
2018 63 days CA$73.07K CA$1.15K/day CA$- CA$- ▲ +55 days
2017 8 days CA$7.76K CA$967.81/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)