Eminent Gold Corp Defensive Interval Ratio
Eminent Gold Corp 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. See EMNT 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
Defensive Interval Ratio of Eminent Gold Corp (2016–2020)
Defensive interval ratio of Eminent Gold Corp from 2016 to 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. Read Eminent Gold Corp total liabilities for a breakdown of total debt and financial obligations.
Eminent Gold Corp Defensive Interval Ratio by Year (2016–2020)
Eminent Gold Corp defensive interval ratio by year from 2016 to 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 the complete balance sheet picture, see EMNT asset base.
| 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$- | — |