Ely Gold Royalties Inc (ELY) — Defensive Interval Ratio

Latest as of March 2021: 1631 days

Ely Gold Royalties Inc (ELY) has a Defensive Interval Ratio of 1631 days as of March 2021. Defensive assets of CA$1.73 Million (cash CA$-, short-term investments CA$1.40 Million, receivables CA$331.85K) cover 1631 days of daily cash needs of CA$1.06K/day. Check ELY intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1631 days
Days of operational coverage

Defensive Assets

CA$1.73 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.06K
Current Liabilities ÷ 365

Current Liabilities

CA$388.14K
CAD

Ely Gold Royalties Inc Defensive Interval Ratio (2013–2023)

This chart shows how Ely Gold Royalties Inc's Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2023. As of March 2021, the ratio stands at 1631 days, meaning defensive assets of CA$1.73 Million can fund 1631 days of operations without new revenue. Also explore how fast is Ely Gold Royalties Inc growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Ely Gold Royalties Inc (2013–2023)

The table below presents the year-by-year Defensive Interval Ratio for Ely Gold Royalties Inc from 2013 to 2023, covering 10 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 market value of Ely Gold Royalties Inc.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 4 days CA$15.99K CA$3.94K/day CA$- CA$- ▼ -2 days
2022 6 days CA$6.53K CA$1.06K/day CA$- CA$- ▼ -416 days
2020 422 days CA$1.54 Million CA$3.65K/day CA$- CA$1.19 Million ▲ +81 days
2019 341 days CA$1.39 Million CA$4.06K/day CA$- CA$1.25 Million ▼ -491 days
2018 832 days CA$938.14K CA$1.13K/day CA$- CA$830.96K ▲ +370 days
2017 463 days CA$1.49 Million CA$3.22K/day CA$- CA$1.42 Million ▼ -361 days
2016 824 days CA$909.84K CA$1.10K/day CA$- CA$859.35K ▼ -209 days
2015 1033 days CA$107.55K CA$104.13/day CA$- CA$81.16K ▼ -279 days
2014 1312 days CA$194.16K CA$147.97/day CA$- CA$188.91K ▼ -1215 days
2013 2527 days CA$761.17K CA$301.17/day CA$- CA$461.17K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)