Black Widow Resources Inc (BWR) — Defensive Interval Ratio

Latest as of May 2023: 2 days

Black Widow Resources Inc (BWR) has a Defensive Interval Ratio of 2 days as of May 2023. Defensive assets of CA$4.86K (cash CA$-, short-term investments CA$-, receivables CA$4.86K) cover 2 days of daily cash needs of CA$2.24K/day.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

CA$4.86K
Cash + ST Investments + Receivables

Daily Cash Need

CA$2.24K
Current Liabilities ÷ 365

Current Liabilities

CA$817.72K
CAD

Black Widow Resources Inc Defensive Interval Ratio (2013–2022)

This chart shows how Black Widow Resources Inc's Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2022. As of May 2023, the ratio stands at 2 days, meaning defensive assets of CA$4.86K can fund 2 days of operations without new revenue. For the complete balance sheet picture, see how large is Black Widow Resources Inc's balance sheet.

Annual Defensive Interval Ratio for Black Widow Resources Inc (2013–2022)

The table below presents the year-by-year Defensive Interval Ratio for Black Widow Resources Inc from 2013 to 2022, covering 10 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 Black Widow Resources Inc current assets vs equity 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 5 days CA$10.42K CA$2.27K/day CA$- CA$- ▼ -1 days
2021 6 days CA$10.29K CA$1.73K/day CA$- CA$- ▼ 0 days
2020 6 days CA$7.70K CA$1.22K/day CA$- CA$- ▼ -4 days
2019 10 days CA$9.24K CA$879.90/day CA$- CA$- ▼ -8 days
2018 19 days CA$12.93K CA$694.07/day CA$- CA$- ▲ +10 days
2017 9 days CA$8.23K CA$944.20/day CA$- CA$- ▲ +5 days
2016 3 days CA$2.14K CA$640.85/day CA$- CA$- ▲ +1 days
2015 2 days CA$1.54K CA$627.47/day CA$- CA$- ▼ -24 days
2014 26 days CA$5.77K CA$222.38/day CA$- CA$- ▼ -609 days
2013 635 days CA$179.89K CA$283.15/day CA$- CA$176.09K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)