New Energy Metals Corp (ENRG) — Defensive Interval Ratio
New Energy Metals Corp (ENRG) has a Defensive Interval Ratio of 2 days as of December 2025. Defensive assets of CA$1.85K (cash CA$-, short-term investments CA$-, receivables CA$1.85K) cover 2 days of daily cash needs of CA$797.90/day. Check New Energy Metals Corp tangible equity quality to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
New Energy Metals Corp Defensive Interval Ratio (2018–2025)
This chart shows how New Energy Metals Corp's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2025. As of December 2025, the ratio stands at 2 days, meaning defensive assets of CA$1.85K can fund 2 days of operations without new revenue. Also explore ENRG year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for New Energy Metals Corp (2018–2025)
The table below presents the year-by-year Defensive Interval Ratio for New Energy Metals Corp from 2018 to 2025, covering 7 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 ENRG stock market capitalisation.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 31 days | CA$24.44K | CA$797.66/day | CA$- | CA$- | ▲ +7 days |
| 2024 | 24 days | CA$13.96K | CA$587.62/day | CA$- | CA$- | ▲ +22 days |
| 2022 | 1 days | CA$1.65K | CA$1.24K/day | CA$- | CA$0.00 | ▼ -11 days |
| 2021 | 12 days | CA$26.33K | CA$2.17K/day | CA$- | CA$17.50K | ▲ +9 days |
| 2020 | 3 days | CA$6.87K | CA$2.34K/day | CA$- | CA$4.00K | ▼ -33 days |
| 2019 | 36 days | CA$14.72K | CA$410.81/day | CA$- | CA$0.00 | ▲ +24 days |
| 2018 | 12 days | CA$3.96K | CA$332.35/day | CA$- | CA$- | — |