AXMIN Inc. Defensive Interval Ratio
AXMIN Inc. 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. See AXM current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of AXMIN Inc. (2013–2021)
Defensive interval ratio of AXMIN Inc. from 2013 to 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. Read AXM liabilities breakdown for a breakdown of total debt and financial obligations.
AXMIN Inc. Defensive Interval Ratio by Year (2013–2021)
AXMIN Inc. defensive interval ratio by year from 2013 to 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. For the complete balance sheet picture, see AXM total asset value.
| 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$- | — |