1844 Resources Inc (EFF) — Defensive Interval Ratio
1844 Resources Inc (EFF) has a Defensive Interval Ratio of 23 days as of July 2023. Defensive assets of CA$38.28K (cash CA$-, short-term investments CA$-, receivables CA$38.28K) cover 23 days of daily cash needs of CA$1.68K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
1844 Resources Inc Defensive Interval Ratio (2017–2023)
This chart shows how 1844 Resources Inc's Defensive Interval Ratio has evolved across 7 annual periods from 2017 to 2023. As of July 2023, the ratio stands at 23 days, meaning defensive assets of CA$38.28K can fund 23 days of operations without new revenue. For the complete balance sheet picture, see total assets of 1844 Resources Inc.
Annual Defensive Interval Ratio for 1844 Resources Inc (2017–2023)
The table below presents the year-by-year Defensive Interval Ratio for 1844 Resources Inc from 2017 to 2023, covering 7 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 how liquid is 1844 Resources Inc's working capital 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) |
|---|---|---|---|---|---|---|
| 2023 | 48 days | CA$59.77K | CA$1.25K/day | CA$- | CA$- | ▼ -91 days |
| 2022 | 139 days | CA$131.11K | CA$944.96/day | CA$- | CA$- | ▼ -48 days |
| 2021 | 186 days | CA$136.50K | CA$732.13/day | CA$- | CA$- | ▲ +182 days |
| 2020 | 4 days | CA$4.57K | CA$1.04K/day | CA$- | CA$- | ▼ -14 days |
| 2019 | 18 days | CA$18.66K | CA$1.02K/day | CA$- | CA$- | ▲ +14 days |
| 2018 | 4 days | CA$7.40K | CA$1.65K/day | CA$- | CA$- | ▲ +3 days |
| 2017 | 1 days | CA$1.40K | CA$1.29K/day | CA$- | CA$- | — |