BTU Metals Corp (BTU) — Defensive Interval Ratio

Latest as of January 2024: 19820 days

BTU Metals Corp (BTU) has a Defensive Interval Ratio of 19820 days as of January 2024. Defensive assets of CA$1.44 Million (cash CA$-, short-term investments CA$1.40 Million, receivables CA$39.02K) cover 19820 days of daily cash needs of CA$72.60/day.

Defensive Interval Ratio

19820 days
Days of operational coverage

Defensive Assets

CA$1.44 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$72.60
Current Liabilities ÷ 365

Current Liabilities

CA$26.50K
CAD

BTU Metals Corp Defensive Interval Ratio (2009–2023)

This chart shows how BTU Metals Corp's Defensive Interval Ratio has evolved across 12 annual periods from 2009 to 2023. As of January 2024, the ratio stands at 19820 days, meaning defensive assets of CA$1.44 Million can fund 19820 days of operations without new revenue. For the complete balance sheet picture, see BTU Metals Corp assets under control.

Annual Defensive Interval Ratio for BTU Metals Corp (2009–2023)

The table below presents the year-by-year Defensive Interval Ratio for BTU Metals Corp from 2009 to 2023, covering 12 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 BTU working capital efficiency 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)
2023 239 days CA$49.25K CA$205.71/day CA$- CA$- ▲ +125 days
2022 115 days CA$88.46K CA$770.92/day CA$- CA$- ▲ +46 days
2021 69 days CA$82.54K CA$1.20K/day CA$- CA$- ▼ -492 days
2020 561 days CA$621.50K CA$1.11K/day CA$- CA$500.00K ▼ -1146 days
2019 1707 days CA$565.77K CA$331.37/day CA$- CA$450.00K ▲ +699 days
2018 1008 days CA$397.34K CA$394.18/day CA$- CA$- ▲ +1007 days
2014 1 days CA$795.00 CA$843.52/day CA$- CA$- ▼ -4 days
2013 5 days CA$2.65K CA$544.15/day CA$- CA$- ▼ -55 days
2012 60 days CA$16.82K CA$279.75/day CA$- CA$- ▼ -46 days
2011 106 days CA$5.42K CA$51.23/day CA$- CA$- ▲ +99 days
2010 7 days CA$911.00 CA$126.54/day CA$- CA$- ▲ +5 days
2009 3 days CA$71.00 CA$26.56/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)