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.
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. For the complete balance sheet picture, see Altair Resources Inc (AVX) total assets.
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. See working capital position of Altair Resources Inc to evaluate short-term liquidity relative to the company's equity base.
| 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$- | — |