Delta Resources Ltd (DLTA) — Defensive Interval Ratio

Latest as of September 2023: 166 days

Delta Resources Ltd (DLTA) has a Defensive Interval Ratio of 166 days as of September 2023. Defensive assets of CA$581.12K (cash CA$-, short-term investments CA$-, receivables CA$581.12K) cover 166 days of daily cash needs of CA$3.50K/day. Check how tangible is Delta Resources Ltd's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

166 days
Days of operational coverage

Defensive Assets

CA$581.12K
Cash + ST Investments + Receivables

Daily Cash Need

CA$3.50K
Current Liabilities ÷ 365

Current Liabilities

CA$1.28 Million
CAD

Delta Resources Ltd Defensive Interval Ratio (2001–2022)

This chart shows how Delta Resources Ltd's Defensive Interval Ratio has evolved across 22 annual periods from 2001 to 2022. As of September 2023, the ratio stands at 166 days, meaning defensive assets of CA$581.12K can fund 166 days of operations without new revenue. Also explore Delta Resources Ltd (DLTA) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Delta Resources Ltd (2001–2022)

The table below presents the year-by-year Defensive Interval Ratio for Delta Resources Ltd from 2001 to 2022, covering 22 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 Delta Resources Ltd (DLTA) market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 168 days CA$408.73K CA$2.44K/day CA$- CA$- ▼ -203 days
2021 371 days CA$725.89K CA$1.96K/day CA$- CA$- ▼ -146 days
2020 517 days CA$670.76K CA$1.30K/day CA$- CA$- ▲ +290 days
2019 227 days CA$82.55K CA$364.21/day CA$- CA$- ▲ +221 days
2018 6 days CA$6.29K CA$1.07K/day CA$- CA$- ▼ -61 days
2017 67 days CA$41.59K CA$620.95/day CA$- CA$- ▲ +18 days
2016 49 days CA$29.95K CA$609.02/day CA$- CA$- ▼ -10 days
2015 60 days CA$22.56K CA$378.81/day CA$- CA$- ▲ +23 days
2014 37 days CA$24.36K CA$666.41/day CA$- CA$- ▼ -237 days
2013 274 days CA$224.09K CA$819.22/day CA$- CA$- ▲ +82 days
2012 191 days CA$328.07K CA$1.71K/day CA$- CA$- ▼ -124 days
2011 316 days CA$1.42 Million CA$4.51K/day CA$- CA$- ▲ +213 days
2010 102 days CA$284.20K CA$2.78K/day CA$- CA$- ▼ -153 days
2009 255 days CA$362.13K CA$1.42K/day CA$- CA$- ▼ -61 days
2008 316 days CA$362.76K CA$1.15K/day CA$- CA$- ▲ +138 days
2007 178 days CA$263.14K CA$1.47K/day CA$- CA$- ▲ +117 days
2006 61 days CA$79.40K CA$1.29K/day CA$- CA$- ▲ +60 days
2005 1 days CA$3.66K CA$2.65K/day CA$- CA$- ▼ -3 days
2004 4 days CA$9.63K CA$2.43K/day CA$- CA$- ▲ +3 days
2003 1 days CA$1.53K CA$2.01K/day CA$- CA$- ▲ +0 days
2002 1 days CA$841.00 CA$1.53K/day CA$- CA$- ▼ -4 days
2001 5 days CA$5.99K CA$1.25K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)