Beauce Gold Fields Inc (BGF) — Defensive Interval Ratio

Latest as of April 2023: 72 days

Beauce Gold Fields Inc (BGF) has a Defensive Interval Ratio of 72 days as of April 2023. Defensive assets of CA$49.74K (cash CA$-, short-term investments CA$-, receivables CA$49.74K) cover 72 days of daily cash needs of CA$694.22/day.

Defensive Interval Ratio

72 days
Days of operational coverage

Defensive Assets

CA$49.74K
Cash + ST Investments + Receivables

Daily Cash Need

CA$694.22
Current Liabilities ÷ 365

Current Liabilities

CA$253.39K
CAD

Beauce Gold Fields Inc Defensive Interval Ratio (2019–2022)

This chart shows how Beauce Gold Fields Inc's Defensive Interval Ratio has evolved across 4 annual periods from 2019 to 2022. As of April 2023, the ratio stands at 72 days, meaning defensive assets of CA$49.74K can fund 72 days of operations without new revenue. For the complete balance sheet picture, see how large is Beauce Gold Fields Inc's balance sheet.

Annual Defensive Interval Ratio for Beauce Gold Fields Inc (2019–2022)

The table below presents the year-by-year Defensive Interval Ratio for Beauce Gold Fields Inc from 2019 to 2022, covering 4 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 Beauce Gold Fields Inc (BGF) liquidity to equity ratio 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 67 days CA$52.65K CA$788.04/day CA$- CA$- ▼ -75 days
2021 142 days CA$94.34K CA$663.26/day CA$- CA$- ▲ +131 days
2020 12 days CA$14.82K CA$1.28K/day CA$- CA$- ▼ -24 days
2019 36 days CA$23.88K CA$665.73/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)