Element 29 Resources Inc Defensive Interval Ratio
Element 29 Resources Inc defensive interval ratio. Element 29 Resources Inc (ECU) has a Defensive Interval Ratio of 47 days as of June 2026. Defensive assets of CA$157.09K (cash CA$-, short-term investments CA$-, receivables CA$157.09K) cover 47 days of daily cash needs of CA$3.33K/day. See ECU working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Element 29 Resources Inc (2021–2025)
Defensive interval ratio of Element 29 Resources Inc from 2021 to 2025. This chart shows how Element 29 Resources Inc's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of June 2026, the ratio stands at 47 days, meaning defensive assets of CA$157.09K can fund 47 days of operations without new revenue. Read ECU total liabilities for a breakdown of total debt and financial obligations.
Element 29 Resources Inc Defensive Interval Ratio by Year (2021–2025)
Element 29 Resources Inc defensive interval ratio by year from 2021 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Element 29 Resources Inc from 2021 to 2025, covering 5 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 the complete balance sheet picture, see ECU total asset value.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 3 days | CA$10.70K | CA$3.98K/day | CA$- | CA$- | ▼ -23 days |
| 2024 | 25 days | CA$31.83K | CA$1.26K/day | CA$- | CA$- | ▼ -48 days |
| 2023 | 73 days | CA$32.70K | CA$447.68/day | CA$- | CA$- | ▲ +27 days |
| 2022 | 46 days | CA$57.53K | CA$1.26K/day | CA$- | CA$- | ▲ +32 days |
| 2021 | 14 days | CA$30.18K | CA$2.17K/day | CA$- | CA$- | — |