Cantex Mine Development Corp (CD) — Defensive Interval Ratio

Latest as of April 2024: 14 days

Cantex Mine Development Corp (CD) has a Defensive Interval Ratio of 14 days as of April 2024. Defensive assets of CA$20.21K (cash CA$-, short-term investments CA$-, receivables CA$20.21K) cover 14 days of daily cash needs of CA$1.40K/day.

Defensive Interval Ratio

14 days
Days of operational coverage

Defensive Assets

CA$20.21K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.40K
Current Liabilities ÷ 365

Current Liabilities

CA$512.19K
CAD

Cantex Mine Development Corp Defensive Interval Ratio (2000–2023)

This chart shows how Cantex Mine Development Corp's Defensive Interval Ratio has evolved across 24 annual periods from 2000 to 2023. As of April 2024, the ratio stands at 14 days, meaning defensive assets of CA$20.21K can fund 14 days of operations without new revenue. For the complete balance sheet picture, see Cantex Mine Development Corp asset portfolio.

Annual Defensive Interval Ratio for Cantex Mine Development Corp (2000–2023)

The table below presents the year-by-year Defensive Interval Ratio for Cantex Mine Development Corp from 2000 to 2023, covering 24 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 Cantex Mine Development Corp (CD) working capital 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)
2023 8 days CA$21.32K CA$2.78K/day CA$- CA$- ▼ -31 days
2022 39 days CA$154.79K CA$3.99K/day CA$- CA$- ▲ +1 days
2021 38 days CA$114.39K CA$3.01K/day CA$- CA$- ▲ +25 days
2020 13 days CA$43.88K CA$3.30K/day CA$- CA$- ▲ +3 days
2019 10 days CA$181.73K CA$17.93K/day CA$- CA$- ▲ +7 days
2018 3 days CA$47.29K CA$16.54K/day CA$- CA$- ▲ +3 days
2017 0 days CA$4.77K CA$14.51K/day CA$- CA$- ▼ -1 days
2016 1 days CA$19.41K CA$12.98K/day CA$- CA$- ▲ +0 days
2015 1 days CA$15.75K CA$11.67K/day CA$- CA$- ▼ -39 days
2014 40 days CA$454.80K CA$11.24K/day CA$- CA$- ▲ +29 days
2013 11 days CA$116.67K CA$10.34K/day CA$- CA$- ▼ -3 days
2012 14 days CA$181.13K CA$12.91K/day CA$- CA$- ▲ +7 days
2011 7 days CA$79.81K CA$11.34K/day CA$- CA$- ▼ -4 days
2010 11 days CA$68.47K CA$6.32K/day CA$- CA$- ▼ -94 days
2009 105 days CA$938.77K CA$8.93K/day CA$- CA$- ▲ +92 days
2008 13 days CA$29.75K CA$2.33K/day CA$- CA$- ▲ +9 days
2007 3 days CA$8.06K CA$2.42K/day CA$- CA$- ▼ -12 days
2006 15 days CA$46.30K CA$3.10K/day CA$- CA$- ▼ -163 days
2005 178 days CA$188.73K CA$1.06K/day CA$- CA$- ▲ +133 days
2004 44 days CA$49.83K CA$1.13K/day CA$- CA$- ▲ +37 days
2003 7 days CA$29.18K CA$3.91K/day CA$- CA$- ▲ +3 days
2002 4 days CA$10.93K CA$2.55K/day CA$- CA$- ▼ -45 days
2001 49 days CA$49.49K CA$1.01K/day CA$- CA$- ▼ -9 days
2000 58 days CA$72.34K CA$1.25K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)