AXMIN Inc. (AXM) — Defensive Interval Ratio
AXMIN Inc. (AXM) has a Defensive Interval Ratio of 2 days as of June 2023. Defensive assets of CA$4.80K (cash CA$-, short-term investments CA$-, receivables CA$4.80K) cover 2 days of daily cash needs of CA$2.33K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
AXMIN Inc. Defensive Interval Ratio (2013–2021)
This chart shows how AXMIN Inc.'s Defensive Interval Ratio has evolved across 9 annual periods from 2013 to 2021. As of June 2023, the ratio stands at 2 days, meaning defensive assets of CA$4.80K can fund 2 days of operations without new revenue. For the complete balance sheet picture, see AXM total assets.
Annual Defensive Interval Ratio for AXMIN Inc. (2013–2021)
The table below presents the year-by-year Defensive Interval Ratio for AXMIN Inc. from 2013 to 2021, covering 9 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 AXMIN Inc. working capital to net assets 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) |
|---|---|---|---|---|---|---|
| 2021 | 4 days | CA$6.49K | CA$1.70K/day | CA$- | CA$- | ▼ -1 days |
| 2020 | 5 days | CA$7.82K | CA$1.54K/day | CA$- | CA$- | ▲ +1 days |
| 2019 | 4 days | CA$5.51K | CA$1.48K/day | CA$- | CA$- | ▼ -223 days |
| 2018 | 227 days | CA$276.25K | CA$1.22K/day | CA$- | CA$- | ▲ +151 days |
| 2017 | 75 days | CA$610.48K | CA$8.09K/day | CA$- | CA$- | ▲ +59 days |
| 2016 | 17 days | CA$133.80K | CA$8.09K/day | CA$- | CA$0.00 | ▼ -31 days |
| 2015 | 48 days | CA$331.19K | CA$6.91K/day | CA$- | CA$72.25K | ▲ +47 days |
| 2014 | 1 days | CA$11.05K | CA$7.64K/day | CA$- | CA$- | ▼ -19 days |
| 2013 | 21 days | CA$148.25K | CA$7.23K/day | CA$- | CA$- | — |