Diamond Fields Resources Inc (DFR) — Defensive Interval Ratio

Latest as of June 2023: 28 days

Diamond Fields Resources Inc (DFR) has a Defensive Interval Ratio of 28 days as of June 2023. Defensive assets of CA$161.65K (cash CA$-, short-term investments CA$-, receivables CA$161.65K) cover 28 days of daily cash needs of CA$5.85K/day.

Defensive Interval Ratio

28 days
Days of operational coverage

Defensive Assets

CA$161.65K
Cash + ST Investments + Receivables

Daily Cash Need

CA$5.85K
Current Liabilities ÷ 365

Current Liabilities

CA$2.14 Million
CAD

Diamond Fields Resources Inc Defensive Interval Ratio (2020–2021)

This chart shows how Diamond Fields Resources Inc's Defensive Interval Ratio has evolved across 2 annual periods from 2020 to 2021. As of June 2023, the ratio stands at 28 days, meaning defensive assets of CA$161.65K can fund 28 days of operations without new revenue. For the complete balance sheet picture, see Diamond Fields Resources Inc assets under control.

Annual Defensive Interval Ratio for Diamond Fields Resources Inc (2020–2021)

The table below presents the year-by-year Defensive Interval Ratio for Diamond Fields Resources Inc from 2020 to 2021, covering 2 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 Diamond Fields Resources Inc (DFR) liquidity to equity 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 10 days CA$23.85K CA$2.28K/day CA$- CA$- ▲ +7 days
2020 3 days CA$10.62K CA$3.50K/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)