Electric Royalties Ltd Defensive Interval Ratio
Electric Royalties Ltd 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 working capital to net assets of Electric Royalties Ltd 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 Electric Royalties Ltd (2019–2022)
Defensive interval ratio of Electric Royalties Ltd from 2019 to 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. Read Electric Royalties Ltd total liabilities for a breakdown of total debt and financial obligations.
Electric Royalties Ltd Defensive Interval Ratio by Year (2019–2022)
Electric Royalties Ltd defensive interval ratio by year from 2019 to 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 the complete balance sheet picture, see Electric Royalties Ltd asset portfolio.
| 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$- | — |