Durango Resources Inc. (DGO) — Defensive Interval Ratio

Latest as of January 2025: 20 days

Durango Resources Inc. (DGO) has a Defensive Interval Ratio of 20 days as of January 2025. Defensive assets of CA$37.97K (cash CA$-, short-term investments CA$-, receivables CA$37.97K) cover 20 days of daily cash needs of CA$1.94K/day.

Defensive Interval Ratio

20 days
Days of operational coverage

Defensive Assets

CA$37.97K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.94K
Current Liabilities ÷ 365

Current Liabilities

CA$708.63K
CAD

Durango Resources Inc. Defensive Interval Ratio (2008–2024)

This chart shows how Durango Resources Inc.'s Defensive Interval Ratio has evolved across 17 annual periods from 2008 to 2024. As of January 2025, the ratio stands at 20 days, meaning defensive assets of CA$37.97K can fund 20 days of operations without new revenue. For the complete balance sheet picture, see Durango Resources Inc. balance sheet assets.

Annual Defensive Interval Ratio for Durango Resources Inc. (2008–2024)

The table below presents the year-by-year Defensive Interval Ratio for Durango Resources Inc. from 2008 to 2024, covering 17 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 DGO current assets 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)
2024 19 days CA$31.53K CA$1.65K/day CA$- CA$- ▲ +14 days
2023 5 days CA$6.60K CA$1.28K/day CA$- CA$- ▼ -147 days
2022 152 days CA$59.74K CA$393.07/day CA$- CA$- ▼ -735 days
2021 887 days CA$238.04K CA$268.36/day CA$- CA$- ▲ +866 days
2020 21 days CA$16.36K CA$783.47/day CA$- CA$- ▼ -45 days
2019 66 days CA$25.82K CA$390.32/day CA$- CA$0.00 ▼ -809 days
2018 875 days CA$666.18K CA$761.44/day CA$- CA$576.00K ▼ -2936 days
2017 3811 days CA$657.81K CA$172.60/day CA$- CA$652.50K ▲ +3785 days
2016 26 days CA$10.31K CA$392.20/day CA$- CA$- ▲ +22 days
2015 4 days CA$3.14K CA$751.80/day CA$- CA$- ▼ -72 days
2014 76 days CA$31.78K CA$416.44/day CA$- CA$15.75K ▲ +16 days
2013 61 days CA$12.15K CA$200.69/day CA$- CA$- ▼ -86 days
2012 146 days CA$39.47K CA$270.24/day CA$- CA$18.00K ▼ -4 days
2011 150 days CA$33.68K CA$224.60/day CA$- CA$- ▼ -358 days
2010 507 days CA$33.21K CA$65.44/day CA$- CA$- ▲ +445 days
2009 62 days CA$3.74K CA$60.05/day CA$- CA$- ▲ +51 days
2008 11 days CA$4.29K CA$376.78/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)