Callinex Mines (CNX) — Defensive Interval Ratio

Latest as of March 2024: 58 days

Callinex Mines (CNX) has a Defensive Interval Ratio of 58 days as of March 2024. Defensive assets of CA$92.98K (cash CA$-, short-term investments CA$-, receivables CA$92.98K) cover 58 days of daily cash needs of CA$1.59K/day. Check Callinex Mines (CNX) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

58 days
Days of operational coverage

Defensive Assets

CA$92.98K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.59K
Current Liabilities ÷ 365

Current Liabilities

CA$581.23K
CAD

Callinex Mines Defensive Interval Ratio (2011–2023)

This chart shows how Callinex Mines's Defensive Interval Ratio has evolved across 13 annual periods from 2011 to 2023. As of March 2024, the ratio stands at 58 days, meaning defensive assets of CA$92.98K can fund 58 days of operations without new revenue. Also explore Callinex Mines annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Callinex Mines (2011–2023)

The table below presents the year-by-year Defensive Interval Ratio for Callinex Mines from 2011 to 2023, covering 13 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 CNX market cap.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 67 days CA$85.56K CA$1.27K/day CA$- CA$- ▲ +9 days
2022 59 days CA$114.93K CA$1.96K/day CA$- CA$- ▲ +30 days
2021 29 days CA$128.35K CA$4.45K/day CA$- CA$- ▲ +8 days
2020 21 days CA$32.69K CA$1.54K/day CA$- CA$- ▼ -15 days
2019 36 days CA$18.09K CA$501.48/day CA$- CA$1.81 ▼ -112 days
2018 148 days CA$165.91K CA$1.12K/day CA$- CA$61.68K ▼ -216 days
2017 364 days CA$507.69K CA$1.40K/day CA$- CA$- ▲ +308 days
2016 55 days CA$37.22K CA$671.85/day CA$- CA$- ▼ -77 days
2015 132 days CA$188.69K CA$1.42K/day CA$- CA$- ▲ +77 days
2014 55 days CA$18.29K CA$331.25/day CA$- CA$- ▼ -3 days
2013 58 days CA$16.03K CA$274.81/day CA$- CA$- ▼ -19 days
2012 77 days CA$147.85K CA$1.91K/day CA$- CA$- ▼ -23 days
2011 100 days CA$508.88K CA$5.09K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)