Desert Gold Ventures Inc (DAU) — Defensive Interval Ratio

Latest as of March 2024: 11 days

Desert Gold Ventures Inc (DAU) has a Defensive Interval Ratio of 11 days as of March 2024. Defensive assets of CA$13.30K (cash CA$-, short-term investments CA$-, receivables CA$13.30K) cover 11 days of daily cash needs of CA$1.24K/day. See DAU net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

11 days
Days of operational coverage

Defensive Assets

CA$13.30K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.24K
Current Liabilities ÷ 365

Current Liabilities

CA$453.65K
CAD

Desert Gold Ventures Inc Defensive Interval Ratio (2004–2023)

This chart shows how Desert Gold Ventures Inc's Defensive Interval Ratio has evolved across 21 annual periods from 2004 to 2023. As of March 2024, the ratio stands at 11 days, meaning defensive assets of CA$13.30K can fund 11 days of operations without new revenue. See net asset quality index of Desert Gold Ventures Inc to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Desert Gold Ventures Inc (2004–2023)

The table below presents the year-by-year Defensive Interval Ratio for Desert Gold Ventures Inc from 2004 to 2023, covering 21 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 Desert Gold Ventures Inc (DAU) total market value.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 32 days CA$10.83K CA$340.04/day CA$- CA$0.00 ▼ -69 days
2022 100 days CA$148.46K CA$1.48K/day CA$- CA$55.84K ▼ -121 days
2021 222 days CA$289.64K CA$1.31K/day CA$- CA$96.94K ▲ +145 days
2020 77 days CA$96.13K CA$1.25K/day CA$- CA$47.12K ▲ +50 days
2019 27 days CA$23.15K CA$868.30/day CA$- CA$- ▲ +18 days
2018 8 days CA$12.18K CA$1.46K/day CA$- CA$- ▼ -2 days
2017 11 days CA$9.91K CA$926.75/day CA$- CA$- ▲ +9 days
2016 1 days CA$1.14K CA$888.65/day CA$- CA$- ▼ -4 days
2015 5 days CA$4.66K CA$854.81/day CA$- CA$- ▲ +2 days
2014 4 days CA$2.62K CA$738.23/day CA$- CA$- ▼ -417 days
2013 421 days CA$375.25K CA$892.30/day CA$- CA$10.75K ▼ -1741 days
2012 2161 days CA$3.06 Million CA$1.42K/day CA$- CA$11.57K ▲ +2077 days
2011 85 days CA$239.98K CA$2.83K/day CA$- CA$- ▲ +63 days
2011 22 days CA$6.51K CA$299.76/day CA$- CA$- ▼ -763 days
2010 785 days CA$49.63K CA$63.23/day CA$- CA$- ▲ +535 days
2009 250 days CA$66.43K CA$265.48/day CA$- CA$- ▲ +247 days
2008 4 days CA$1.15K CA$310.01/day CA$- CA$- ▼ -1 days
2007 5 days CA$435.72 CA$85.45/day CA$- CA$- ▼ -5 days
2006 10 days CA$1.24K CA$118.43/day CA$- CA$- ▼ -2 days
2005 12 days CA$4.13K CA$340.09/day CA$- CA$- ▼ -3 days
2004 15 days CA$3.99K CA$259.14/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)