Dixie Gold Inc (DG) — Defensive Interval Ratio

Latest as of September 2023: 565 days

Dixie Gold Inc (DG) has a Defensive Interval Ratio of 565 days as of September 2023. Defensive assets of CA$3.42K (cash CA$-, short-term investments CA$-, receivables CA$3.42K) cover 565 days of daily cash needs of CA$6.05/day. Check Dixie Gold Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

565 days
Days of operational coverage

Defensive Assets

CA$3.42K
Cash + ST Investments + Receivables

Daily Cash Need

CA$6.05
Current Liabilities ÷ 365

Current Liabilities

CA$2.21K
CAD

Dixie Gold Inc Defensive Interval Ratio (2011–2022)

This chart shows how Dixie Gold Inc's Defensive Interval Ratio has evolved across 12 annual periods from 2011 to 2022. As of September 2023, the ratio stands at 565 days, meaning defensive assets of CA$3.42K can fund 565 days of operations without new revenue. Also explore net asset growth rate of Dixie Gold Inc to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Dixie Gold Inc (2011–2022)

The table below presents the year-by-year Defensive Interval Ratio for Dixie Gold Inc from 2011 to 2022, covering 12 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 Dixie Gold Inc (DG) total market value.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 860 days CA$41.47K CA$48.23/day CA$- CA$- ▲ +818 days
2021 42 days CA$15.85K CA$375.86/day CA$- CA$- ▼ -1905 days
2020 1947 days CA$140.62K CA$72.21/day CA$- CA$112.50K ▲ +1770 days
2019 178 days CA$18.20K CA$102.27/day CA$- CA$0.00 ▼ -2040 days
2018 2218 days CA$111.07K CA$50.07/day CA$- CA$107.25K ▲ +888 days
2017 1330 days CA$407.56K CA$306.41/day CA$- CA$392.56K ▲ +340 days
2016 990 days CA$108.14K CA$109.23/day CA$- CA$84.28K ▲ +701 days
2015 289 days CA$30.23K CA$104.56/day CA$- CA$24.88K ▲ +68 days
2014 221 days CA$21.71K CA$98.12/day CA$- CA$- ▼ -2695 days
2013 2917 days CA$620.78K CA$212.85/day CA$- CA$424.85K ▼ -3480 days
2012 6397 days CA$675.86K CA$105.66/day CA$- CA$570.77K ▼ -6037 days
2011 12434 days CA$1.75 Million CA$140.50/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)