Element 29 Resources Inc (ECU) — Defensive Interval Ratio
Element 29 Resources Inc (ECU) has a Defensive Interval Ratio of 20 days as of March 2026. Defensive assets of CA$13.38K (cash CA$-, short-term investments CA$-, receivables CA$13.38K) cover 20 days of daily cash needs of CA$663.85/day. See ECU working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Element 29 Resources Inc Defensive Interval Ratio (2021–2025)
This chart shows how Element 29 Resources Inc's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of March 2026, the ratio stands at 20 days, meaning defensive assets of CA$13.38K can fund 20 days of operations without new revenue. See ECU equity financing ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Element 29 Resources Inc (2021–2025)
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 live market cap and the full company financial profile, see Element 29 Resources Inc stock valuation.
| 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$- | — |