Cordoba Minerals Corp Defensive Interval Ratio

Latest as of March 2024: 11 days

Cordoba Minerals Corp defensive interval ratio. Cordoba Minerals Corp (CDB) has a Defensive Interval Ratio of 11 days as of March 2024. Defensive assets of CA$184.00K (cash CA$-, short-term investments CA$-, receivables CA$184.00K) cover 11 days of daily cash needs of CA$17.18K/day. See Cordoba Minerals Corp (CDB) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

11 days
Days of operational coverage

Defensive Assets

CA$184.00K
Cash + ST Investments + Receivables

Daily Cash Need

CA$17.18K
Current Liabilities ÷ 365

Current Liabilities

CA$6.27 Million
CAD

Defensive Interval Ratio of Cordoba Minerals Corp (2010–2023)

Defensive interval ratio of Cordoba Minerals Corp from 2010 to 2023. This chart shows how Cordoba Minerals Corp's Defensive Interval Ratio has evolved across 14 annual periods from 2010 to 2023. As of March 2024, the ratio stands at 11 days, meaning defensive assets of CA$184.00K can fund 11 days of operations without new revenue. Check financial resilience of Cordoba Minerals Corp to evaluate the company's liquid asset resilience ratio.

Cordoba Minerals Corp Defensive Interval Ratio by Year (2010–2023)

Cordoba Minerals Corp defensive interval ratio by year from 2010 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Cordoba Minerals Corp from 2010 to 2023, covering 14 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 the complete balance sheet picture, see Cordoba Minerals Corp asset portfolio.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 1546 days CA$34.47 Million CA$22.30K/day CA$- CA$- ▲ +1545 days
2022 1 days CA$73.00K CA$72.87K/day CA$- CA$- ▼ -21 days
2021 22 days CA$88.00K CA$3.93K/day CA$- CA$- ▼ 0 days
2020 23 days CA$73.71K CA$3.27K/day CA$- CA$- ▲ +19 days
2019 4 days CA$240.49K CA$60.47K/day CA$- CA$196.10K ▼ -328 days
2018 332 days CA$710.56K CA$2.14K/day CA$- CA$685.73K ▼ -555 days
2017 887 days CA$1.24 Million CA$1.40K/day CA$- CA$1.12 Million ▲ +883 days
2016 5 days CA$27.74K CA$5.96K/day CA$- CA$- ▼ -687 days
2015 692 days CA$1.59 Million CA$2.29K/day CA$- CA$1.55 Million ▲ +361 days
2014 331 days CA$314.18K CA$949.07/day CA$- CA$- ▲ +224 days
2013 107 days CA$320.49K CA$2.99K/day CA$- CA$- ▲ +9 days
2012 99 days CA$17.86K CA$181.17/day CA$- CA$- ▲ +7 days
2011 91 days CA$40.89K CA$447.95/day CA$- CA$- ▼ -295 days
2010 386 days CA$32.73K CA$84.80/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)