Electric Royalties Ltd (ELEC) — Defensive Interval Ratio
Electric Royalties Ltd (ELEC) has a Defensive Interval Ratio of 730 days as of September 2023. Defensive assets of CA$180.58K (cash CA$-, short-term investments CA$-, receivables CA$180.58K) cover 730 days of daily cash needs of CA$247.21/day. See ELEC 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
Electric Royalties Ltd Defensive Interval Ratio (2019–2022)
This chart shows how Electric Royalties Ltd's Defensive Interval Ratio has evolved across 3 annual periods from 2019 to 2022. As of September 2023, the ratio stands at 730 days, meaning defensive assets of CA$180.58K can fund 730 days of operations without new revenue. See ELEC equity to assets ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Electric Royalties Ltd (2019–2022)
The table below presents the year-by-year Defensive Interval Ratio for Electric Royalties Ltd from 2019 to 2022, covering 3 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 ELEC company net worth.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 97 days | CA$36.47K | CA$375.17/day | CA$- | CA$- | ▼ -293 days |
| 2020 | 390 days | CA$131.62K | CA$337.16/day | CA$- | CA$- | ▲ +375 days |
| 2019 | 15 days | CA$2.19K | CA$145.70/day | CA$- | CA$- | — |