Canasil Resources Inc. (CLZ-H) — Defensive Interval Ratio

Latest as of March 2025: 8 days

Canasil Resources Inc. (CLZ-H) has a Defensive Interval Ratio of 8 days as of March 2025. Defensive assets of CA$5.45K (cash CA$-, short-term investments CA$-, receivables CA$5.45K) cover 8 days of daily cash needs of CA$663.35/day.

Defensive Interval Ratio

8 days
Days of operational coverage

Defensive Assets

CA$5.45K
Cash + ST Investments + Receivables

Daily Cash Need

CA$663.35
Current Liabilities ÷ 365

Current Liabilities

CA$242.12K
CAD

Canasil Resources Inc. Defensive Interval Ratio (2023–2024)

This chart shows how Canasil Resources Inc.'s Defensive Interval Ratio has evolved across 2 annual periods from 2023 to 2024. As of March 2025, the ratio stands at 8 days, meaning defensive assets of CA$5.45K can fund 8 days of operations without new revenue. For the complete balance sheet picture, see Canasil Resources Inc. asset portfolio.

Annual Defensive Interval Ratio for Canasil Resources Inc. (2023–2024)

The table below presents the year-by-year Defensive Interval Ratio for Canasil Resources Inc. from 2023 to 2024, covering 2 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 CLZ-H current assets to equity 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)
2024 4 days CA$4.72K CA$1.05K/day CA$- CA$- ▼ -8 days
2023 13 days CA$10.61K CA$824.59/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)