Compass Gold Corp Defensive Interval Ratio
Compass Gold Corp 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. See working capital to net assets of Compass Gold Corp 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 Compass Gold Corp (2016–2021)
Defensive interval ratio of Compass Gold Corp from 2016 to 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. Read CVB total debt and obligations for a breakdown of total debt and financial obligations.
Compass Gold Corp Defensive Interval Ratio by Year (2016–2021)
Compass Gold Corp defensive interval ratio by year from 2016 to 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. For the complete balance sheet picture, see how large is Compass Gold Corp's balance sheet.
| 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$- | — |