EDM Resources Inc (EDM) — Defensive Interval Ratio
EDM Resources Inc (EDM) has a Defensive Interval Ratio of 42 days as of June 2023. Defensive assets of CA$105.16K (cash CA$-, short-term investments CA$-, receivables CA$105.16K) cover 42 days of daily cash needs of CA$2.50K/day. Check EDM Resources Inc (EDM) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
EDM Resources Inc Defensive Interval Ratio (2017–2022)
This chart shows how EDM Resources Inc's Defensive Interval Ratio has evolved across 6 annual periods from 2017 to 2022. As of June 2023, the ratio stands at 42 days, meaning defensive assets of CA$105.16K can fund 42 days of operations without new revenue. Also explore net asset momentum of EDM Resources Inc to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for EDM Resources Inc (2017–2022)
The table below presents the year-by-year Defensive Interval Ratio for EDM Resources Inc from 2017 to 2022, covering 6 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 EDM Resources Inc stock valuation.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 262 days | CA$452.44K | CA$1.73K/day | CA$- | CA$- | ▲ +74 days |
| 2021 | 188 days | CA$86.48K | CA$461.11/day | CA$- | CA$- | ▲ +159 days |
| 2020 | 28 days | CA$27.07K | CA$963.94/day | CA$- | CA$- | ▼ -18 days |
| 2019 | 46 days | CA$50.82K | CA$1.11K/day | CA$- | CA$- | ▼ -19 days |
| 2018 | 65 days | CA$128.96K | CA$2.00K/day | CA$- | CA$- | ▼ -20 days |
| 2017 | 84 days | CA$36.55K | CA$433.52/day | CA$- | CA$- | — |