Centaurus Energy Inc (CTA) — Defensive Interval Ratio

Latest as of September 2024: 21 days

Centaurus Energy Inc (CTA) has a Defensive Interval Ratio of 21 days as of September 2024. Defensive assets of CA$300.00K (cash CA$-, short-term investments CA$-, receivables CA$300.00K) cover 21 days of daily cash needs of CA$14.27K/day. Check Centaurus Energy Inc (CTA) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

21 days
Days of operational coverage

Defensive Assets

CA$300.00K
Cash + ST Investments + Receivables

Daily Cash Need

CA$14.27K
Current Liabilities ÷ 365

Current Liabilities

CA$5.21 Million
CAD

Centaurus Energy Inc Defensive Interval Ratio (2016–2023)

This chart shows how Centaurus Energy Inc's Defensive Interval Ratio has evolved across 8 annual periods from 2016 to 2023. As of September 2024, the ratio stands at 21 days, meaning defensive assets of CA$300.00K can fund 21 days of operations without new revenue. Also explore CTA net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Centaurus Energy Inc (2016–2023)

The table below presents the year-by-year Defensive Interval Ratio for Centaurus Energy Inc from 2016 to 2023, covering 8 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 CTA stock market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 22 days CA$300.00K CA$13.54K/day CA$- CA$- ▼ -369 days
2022 391 days CA$12.06 Million CA$30.85K/day CA$- CA$- ▲ +337 days
2021 54 days CA$9.00 Million CA$166.35K/day CA$- CA$- ▲ +12 days
2020 42 days CA$4.18 Million CA$98.87K/day CA$- CA$- ▼ -56 days
2019 99 days CA$8.31 Million CA$84.27K/day CA$- CA$- ▼ -147 days
2018 246 days CA$6.19 Million CA$25.16K/day CA$- CA$- ▼ -6 days
2017 252 days CA$9.53 Million CA$37.88K/day CA$- CA$- ▲ +60 days
2016 191 days CA$12.84 Million CA$67.07K/day CA$- CA$0.00
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)