Elcora Advanced Materials Corp Defensive Interval Ratio
Elcora Advanced Materials Corp defensive interval ratio. Elcora Advanced Materials Corp (ERA) has a Defensive Interval Ratio of 6 days as of December 2024. Defensive assets of CA$51.64K (cash CA$-, short-term investments CA$51.64K, receivables CA$-) cover 6 days of daily cash needs of CA$8.81K/day. See ERA current assets to equity ratio 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 Elcora Advanced Materials Corp (2013–2023)
Defensive interval ratio of Elcora Advanced Materials Corp from 2013 to 2023. This chart shows how Elcora Advanced Materials Corp's Defensive Interval Ratio has evolved across 11 annual periods from 2013 to 2023. As of December 2024, the ratio stands at 6 days, meaning defensive assets of CA$51.64K can fund 6 days of operations without new revenue. Check ERA asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Elcora Advanced Materials Corp Defensive Interval Ratio by Year (2013–2023)
Elcora Advanced Materials Corp defensive interval ratio by year from 2013 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Elcora Advanced Materials Corp from 2013 to 2023, covering 11 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 ERA asset base.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 8 days | CA$31.80K | CA$4.12K/day | CA$- | CA$- | ▲ +6 days |
| 2022 | 2 days | CA$5.93K | CA$3.09K/day | CA$- | CA$- | ▼ -1 days |
| 2021 | 3 days | CA$15.77K | CA$5.06K/day | CA$- | CA$- | ▲ +3 days |
| 2020 | 1 days | CA$2.41K | CA$4.13K/day | CA$- | CA$0.00 | ▼ -7 days |
| 2019 | 7 days | CA$21.64K | CA$2.92K/day | CA$- | CA$10.16K | ▼ -53 days |
| 2018 | 60 days | CA$134.32K | CA$2.23K/day | CA$- | CA$44.37K | ▼ -27 days |
| 2017 | 87 days | CA$112.84K | CA$1.30K/day | CA$- | CA$43.36K | ▲ +26 days |
| 2016 | 61 days | CA$78.50K | CA$1.29K/day | CA$- | CA$15.23K | ▼ -108 days |
| 2015 | 168 days | CA$217.88K | CA$1.29K/day | CA$- | CA$210.97K | ▼ -89 days |
| 2014 | 257 days | CA$785.88K | CA$3.06K/day | CA$- | CA$754.09K | ▼ -454 days |
| 2013 | 711 days | CA$49.78K | CA$69.99/day | CA$- | CA$- | — |