Eminent Gold Corp (EMNT) — Defensive Interval Ratio
Eminent Gold Corp (EMNT) has a Defensive Interval Ratio of 6 days as of September 2023. Defensive assets of CA$5.92K (cash CA$-, short-term investments CA$-, receivables CA$5.92K) cover 6 days of daily cash needs of CA$924.39/day. Check tangible equity quality of Eminent Gold Corp to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Eminent Gold Corp Defensive Interval Ratio (2016–2020)
This chart shows how Eminent Gold Corp's Defensive Interval Ratio has evolved across 4 annual periods from 2016 to 2020. As of September 2023, the ratio stands at 6 days, meaning defensive assets of CA$5.92K can fund 6 days of operations without new revenue. Also explore EMNT net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Eminent Gold Corp (2016–2020)
The table below presents the year-by-year Defensive Interval Ratio for Eminent Gold Corp from 2016 to 2020, covering 4 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 EMNT market cap overview.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2020 | 61 days | CA$22.27K | CA$366.09/day | CA$- | CA$- | ▲ +29 days |
| 2019 | 32 days | CA$2.07K | CA$65.18/day | CA$- | CA$- | ▲ +31 days |
| 2018 | 1 days | CA$758.00 | CA$602.95/day | CA$- | CA$- | ▼ -13 days |
| 2016 | 14 days | CA$3.19K | CA$227.19/day | CA$- | CA$- | — |