Compass Gold Corp (CVB) — Defensive Interval Ratio
Compass Gold Corp (CVB) has a Defensive Interval Ratio of 36 days as of June 2023. Defensive assets of CA$42.69K (cash CA$-, short-term investments CA$-, receivables CA$42.69K) cover 36 days of daily cash needs of CA$1.20K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Compass Gold Corp Defensive Interval Ratio (2016–2021)
This chart shows how Compass Gold Corp's Defensive Interval Ratio has evolved across 6 annual periods from 2016 to 2021. As of June 2023, the ratio stands at 36 days, meaning defensive assets of CA$42.69K can fund 36 days of operations without new revenue. For the complete balance sheet picture, see Compass Gold Corp assets under control.
Annual Defensive Interval Ratio for Compass Gold Corp (2016–2021)
The table below presents the year-by-year Defensive Interval Ratio for Compass Gold Corp from 2016 to 2021, covering 6 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 Compass Gold Corp short-term liquidity 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) |
|---|---|---|---|---|---|---|
| 2021 | 155 days | CA$20.64K | CA$132.83/day | CA$- | CA$- | ▲ +119 days |
| 2020 | 37 days | CA$58.43K | CA$1.60K/day | CA$- | CA$- | ▼ -5 days |
| 2019 | 41 days | CA$99.43K | CA$2.41K/day | CA$- | CA$- | ▼ -10 days |
| 2018 | 51 days | CA$52.76K | CA$1.03K/day | CA$- | CA$- | ▼ -55 days |
| 2017 | 106 days | CA$63.51K | CA$598.59/day | CA$- | CA$- | ▲ +105 days |
| 2016 | 1 days | CA$320.00 | CA$332.19/day | CA$- | CA$- | — |