Avrupa Minerals Ltd (AVU) — Defensive Interval Ratio

Latest as of March 2024: 432 days

Avrupa Minerals Ltd (AVU) has a Defensive Interval Ratio of 432 days as of March 2024. Defensive assets of CA$127.89K (cash CA$-, short-term investments CA$-, receivables CA$127.89K) cover 432 days of daily cash needs of CA$296.02/day. Check tangible net worth ratio of Avrupa Minerals Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

432 days
Days of operational coverage

Defensive Assets

CA$127.89K
Cash + ST Investments + Receivables

Daily Cash Need

CA$296.02
Current Liabilities ÷ 365

Current Liabilities

CA$108.05K
CAD

Avrupa Minerals Ltd Defensive Interval Ratio (2013–2023)

This chart shows how Avrupa Minerals Ltd's Defensive Interval Ratio has evolved across 11 annual periods from 2013 to 2023. As of March 2024, the ratio stands at 432 days, meaning defensive assets of CA$127.89K can fund 432 days of operations without new revenue. Also explore AVU net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Avrupa Minerals Ltd (2013–2023)

The table below presents the year-by-year Defensive Interval Ratio for Avrupa Minerals Ltd from 2013 to 2023, covering 11 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 value of Avrupa Minerals Ltd.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 395 days CA$108.27K CA$274.35/day CA$- CA$- ▲ +308 days
2022 86 days CA$49.47K CA$572.43/day CA$- CA$- ▲ +77 days
2021 10 days CA$21.75K CA$2.20K/day CA$- CA$- ▼ -31 days
2020 41 days CA$111.67K CA$2.70K/day CA$- CA$- ▲ +16 days
2019 25 days CA$77.76K CA$3.10K/day CA$- CA$- ▼ -60 days
2018 85 days CA$189.37K CA$2.22K/day CA$- CA$- ▲ +10 days
2017 76 days CA$95.78K CA$1.26K/day CA$- CA$0.00 ▼ -145 days
2016 221 days CA$152.22K CA$690.29/day CA$- CA$84.86K ▼ -21 days
2015 241 days CA$544.25K CA$2.25K/day CA$- CA$- ▲ +162 days
2014 79 days CA$240.31K CA$3.04K/day CA$- CA$- ▲ +43 days
2013 36 days CA$103.05K CA$2.87K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)