Canada One Mining Corp (CONE) — Defensive Interval Ratio

Latest as of April 2023: 4 days

Canada One Mining Corp (CONE) has a Defensive Interval Ratio of 4 days as of April 2023. Defensive assets of CA$16.74K (cash CA$-, short-term investments CA$-, receivables CA$16.74K) cover 4 days of daily cash needs of CA$4.10K/day. Check CONE goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

4 days
Days of operational coverage

Defensive Assets

CA$16.74K
Cash + ST Investments + Receivables

Daily Cash Need

CA$4.10K
Current Liabilities ÷ 365

Current Liabilities

CA$1.50 Million
CAD

Canada One Mining Corp Defensive Interval Ratio (2014–2022)

This chart shows how Canada One Mining Corp's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of April 2023, the ratio stands at 4 days, meaning defensive assets of CA$16.74K can fund 4 days of operations without new revenue. Also explore CONE net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Canada One Mining Corp (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for Canada One Mining Corp from 2014 to 2022, covering 9 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 CONE stock market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 3 days CA$12.58K CA$3.68K/day CA$- CA$- ▼ -5 days
2021 8 days CA$23.18K CA$2.88K/day CA$- CA$- ▲ +0 days
2020 8 days CA$16.65K CA$2.10K/day CA$- CA$- ▼ -8 days
2019 16 days CA$25.33K CA$1.60K/day CA$- CA$- ▼ -9 days
2018 24 days CA$36.25K CA$1.48K/day CA$- CA$- ▼ -43 days
2017 68 days CA$71.79K CA$1.06K/day CA$- CA$- ▲ +65 days
2016 3 days CA$11.32K CA$3.57K/day CA$- CA$- ▲ +1 days
2015 2 days CA$7.66K CA$3.14K/day CA$- CA$- ▲ +1 days
2014 1 days CA$3.40K CA$2.52K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)