Altair Resources Inc (AVX) — Defensive Interval Ratio
Altair Resources Inc (AVX) has a Defensive Interval Ratio of 1 days as of December 2022. Defensive assets of CA$6.84K (cash CA$-, short-term investments CA$-, receivables CA$6.84K) cover 1 days of daily cash needs of CA$5.28K/day. Check AVX tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Altair Resources Inc Defensive Interval Ratio (2014–2022)
This chart shows how Altair Resources Inc's Defensive Interval Ratio has evolved across 8 annual periods from 2014 to 2022. As of December 2022, the ratio stands at 1 days, meaning defensive assets of CA$6.84K can fund 1 days of operations without new revenue. Also explore how fast is Altair Resources Inc growing its equity to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Altair Resources Inc (2014–2022)
The table below presents the year-by-year Defensive Interval Ratio for Altair Resources Inc from 2014 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 Altair Resources Inc market cap and net worth.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 1 days | CA$7.02K | CA$4.76K/day | CA$- | CA$- | ▼ -3 days |
| 2021 | 4 days | CA$8.15K | CA$2.00K/day | CA$- | CA$- | ▲ +1 days |
| 2020 | 3 days | CA$9.37K | CA$3.36K/day | CA$- | CA$- | ▲ +2 days |
| 2019 | 1 days | CA$2.67K | CA$3.45K/day | CA$- | CA$- | ▼ -9 days |
| 2018 | 9 days | CA$10.01K | CA$1.06K/day | CA$- | CA$- | ▼ 0 days |
| 2017 | 10 days | CA$14.48K | CA$1.50K/day | CA$- | CA$- | ▼ -93 days |
| 2016 | 103 days | CA$45.94K | CA$447.70/day | CA$- | CA$- | ▲ +90 days |
| 2014 | 13 days | CA$4.96K | CA$392.64/day | CA$- | CA$- | — |