Canadian North Resources Inc. Defensive Interval Ratio
Canadian North Resources Inc. defensive interval ratio. Canadian North Resources Inc. (CNRI) has a Defensive Interval Ratio of 145 days as of June 2023. Defensive assets of CA$1.87 Million (cash CA$-, short-term investments CA$-, receivables CA$1.87 Million) cover 145 days of daily cash needs of CA$12.88K/day. See how liquid is Canadian North Resources Inc.'s working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Canadian North Resources Inc. (2019–2022)
Defensive interval ratio of Canadian North Resources Inc. from 2019 to 2022. This chart shows how Canadian North Resources Inc.'s Defensive Interval Ratio has evolved across 3 annual periods from 2019 to 2022. As of June 2023, the ratio stands at 145 days, meaning defensive assets of CA$1.87 Million can fund 145 days of operations without new revenue. Read total liabilities of Canadian North Resources Inc. for a breakdown of total debt and financial obligations.
Canadian North Resources Inc. Defensive Interval Ratio by Year (2019–2022)
Canadian North Resources Inc. defensive interval ratio by year from 2019 to 2022. The table below presents the year-by-year Defensive Interval Ratio for Canadian North Resources Inc. from 2019 to 2022, covering 3 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 Canadian North Resources Inc. assets under control.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 129 days | CA$1.24 Million | CA$9.62K/day | CA$- | CA$- | ▲ +118 days |
| 2020 | 11 days | CA$51.60K | CA$4.54K/day | CA$- | CA$- | ▲ +5 days |
| 2019 | 6 days | CA$51.60K | CA$8.58K/day | CA$- | CA$- | — |