Champion Bear Resources Ltd. (CBA) — Defensive Interval Ratio

Latest as of June 2023: 0 days

Champion Bear Resources Ltd. (CBA) has a Defensive Interval Ratio of 0 days as of June 2023. Defensive assets of CA$3.88K (cash CA$-, short-term investments CA$-, receivables CA$3.88K) cover 0 days of daily cash needs of CA$7.96K/day. Check CBA tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

CA$3.88K
Cash + ST Investments + Receivables

Daily Cash Need

CA$7.96K
Current Liabilities ÷ 365

Current Liabilities

CA$2.91 Million
CAD

Champion Bear Resources Ltd. Defensive Interval Ratio (2013–2019)

This chart shows how Champion Bear Resources Ltd.'s Defensive Interval Ratio has evolved across 7 annual periods from 2013 to 2019. As of June 2023, the ratio stands at 0 days, meaning defensive assets of CA$3.88K can fund 0 days of operations without new revenue. Also explore CBA net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Champion Bear Resources Ltd. (2013–2019)

The table below presents the year-by-year Defensive Interval Ratio for Champion Bear Resources Ltd. from 2013 to 2019, covering 7 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 live market cap and the full company financial profile, see market cap of Champion Bear Resources Ltd..

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2019 2 days CA$13.26K CA$8.67K/day CA$- CA$- ▼ -8 days
2018 9 days CA$63.82K CA$7.00K/day CA$- CA$- ▲ +7 days
2017 2 days CA$11.66K CA$6.43K/day CA$- CA$0.00 ▼ -2 days
2016 4 days CA$20.34K CA$5.40K/day CA$- CA$14.78K ▲ +1 days
2015 3 days CA$12.25K CA$4.32K/day CA$- CA$6.80K ▼ -3 days
2014 6 days CA$19.63K CA$3.12K/day CA$- CA$13.60K ▼ -8 days
2013 14 days CA$27.91K CA$2.02K/day CA$- CA$21.49K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)