Emergent Metals Corp (EMR) — Defensive Interval Ratio

Latest as of March 2024: 19 days

Emergent Metals Corp (EMR) has a Defensive Interval Ratio of 19 days as of March 2024. Defensive assets of CA$89.00K (cash CA$-, short-term investments CA$-, receivables CA$89.00K) cover 19 days of daily cash needs of CA$4.61K/day.

Defensive Interval Ratio

19 days
Days of operational coverage

Defensive Assets

CA$89.00K
Cash + ST Investments + Receivables

Daily Cash Need

CA$4.61K
Current Liabilities ÷ 365

Current Liabilities

CA$1.68 Million
CAD

Emergent Metals Corp Defensive Interval Ratio (1997–2023)

This chart shows how Emergent Metals Corp's Defensive Interval Ratio has evolved across 27 annual periods from 1997 to 2023. As of March 2024, the ratio stands at 19 days, meaning defensive assets of CA$89.00K can fund 19 days of operations without new revenue. For the complete balance sheet picture, see total assets of Emergent Metals Corp.

Annual Defensive Interval Ratio for Emergent Metals Corp (1997–2023)

The table below presents the year-by-year Defensive Interval Ratio for Emergent Metals Corp from 1997 to 2023, covering 27 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Emergent Metals Corp current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 17 days CA$88.00K CA$5.29K/day CA$- CA$0.00 ▼ -40 days
2022 57 days CA$408.04K CA$7.16K/day CA$- CA$222.15K ▲ +15 days
2021 42 days CA$150.24K CA$3.61K/day CA$- CA$84.32K ▼ -82 days
2020 123 days CA$931.33K CA$7.55K/day CA$- CA$763.44K ▼ -42 days
2019 165 days CA$678.43K CA$4.10K/day CA$- CA$516.17K ▼ -422 days
2018 587 days CA$2.11 Million CA$3.60K/day CA$- CA$2.06 Million ▲ +585 days
2017 3 days CA$3.72K CA$1.37K/day CA$- CA$- ▲ +1 days
2016 2 days CA$3.85K CA$2.38K/day CA$- CA$- ▲ +1 days
2015 0 days CA$905.00 CA$2.58K/day CA$- CA$- ▼ 0 days
2014 1 days CA$1.50K CA$2.08K/day CA$- CA$- ▲ +1 days
2013 0 days CA$75.00 CA$1.84K/day CA$- CA$- ▼ -28 days
2012 28 days CA$85.18K CA$3.03K/day CA$- CA$- ▼ -57 days
2011 85 days CA$107.76K CA$1.27K/day CA$- CA$- ▼ -27 days
2010 112 days CA$179.99K CA$1.61K/day CA$- CA$- ▲ +110 days
2009 1 days CA$6.85K CA$5.24K/day CA$- CA$- ▼ -176 days
2008 178 days CA$295.48K CA$1.66K/day CA$- CA$218.39K ▼ -2285 days
2007 2462 days CA$4.84 Million CA$1.97K/day CA$- CA$4.64 Million ▲ +2450 days
2006 12 days CA$14.65K CA$1.23K/day CA$- CA$- ▼ -92 days
2005 104 days CA$171.46K CA$1.65K/day CA$- CA$- ▼ -137 days
2004 242 days CA$303.76K CA$1.26K/day CA$- CA$- ▲ +207 days
2003 34 days CA$21.52K CA$628.23/day CA$- CA$- ▲ +15 days
2002 19 days CA$4.18K CA$219.90/day CA$- CA$- ▲ +19 days
2001 0 days CA$602.00 CA$2.39K/day CA$- CA$- ▼ -1 days
2000 1 days CA$3.70K CA$2.65K/day CA$- CA$- ▼ -6 days
1999 7 days CA$5.26K CA$705.32/day CA$- CA$- ▲ +7 days
1998 0 days CA$318.00 CA$912.66/day CA$- CA$- ▼ -25 days
1997 26 days CA$12.69K CA$492.45/day CA$- CA$6.25K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)