Enerev5 Metals Inc (ENEV) — Defensive Interval Ratio
Enerev5 Metals Inc (ENEV) has a Defensive Interval Ratio of 53 days as of May 2023. Defensive assets of CA$34.67K (cash CA$-, short-term investments CA$-, receivables CA$34.67K) cover 53 days of daily cash needs of CA$657.82/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Enerev5 Metals Inc Defensive Interval Ratio (2018–2023)
This chart shows how Enerev5 Metals Inc's Defensive Interval Ratio has evolved across 6 annual periods from 2018 to 2023. As of May 2023, the ratio stands at 53 days, meaning defensive assets of CA$34.67K can fund 53 days of operations without new revenue. For the complete balance sheet picture, see ENEV current and non-current assets.
Annual Defensive Interval Ratio for Enerev5 Metals Inc (2018–2023)
The table below presents the year-by-year Defensive Interval Ratio for Enerev5 Metals Inc from 2018 to 2023, covering 6 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 how liquid is Enerev5 Metals Inc's working capital 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 | 53 days | CA$34.67K | CA$657.82/day | CA$- | CA$- | ▲ +13 days |
| 2022 | 40 days | CA$21.74K | CA$543.40/day | CA$- | CA$- | ▲ +15 days |
| 2021 | 25 days | CA$44.62K | CA$1.77K/day | CA$- | CA$- | ▼ -10 days |
| 2020 | 35 days | CA$261.76K | CA$7.39K/day | CA$- | CA$- | ▲ +7 days |
| 2019 | 28 days | CA$99.62K | CA$3.51K/day | CA$- | CA$- | ▼ -35 days |
| 2018 | 64 days | CA$130.84K | CA$2.06K/day | CA$- | CA$- | — |