E2Gold Inc (ETU) — Defensive Interval Ratio

Latest as of April 2025: 8 days

E2Gold Inc (ETU) has a Defensive Interval Ratio of 8 days as of April 2025. Defensive assets of CA$40.00K (cash CA$-, short-term investments CA$40.00K, receivables CA$-) cover 8 days of daily cash needs of CA$4.92K/day. Check ETU goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

8 days
Days of operational coverage

Defensive Assets

CA$40.00K
Cash + ST Investments + Receivables

Daily Cash Need

CA$4.92K
Current Liabilities ÷ 365

Current Liabilities

CA$1.80 Million
CAD

E2Gold Inc Defensive Interval Ratio (2020–2024)

This chart shows how E2Gold Inc's Defensive Interval Ratio has evolved across 5 annual periods from 2020 to 2024. As of April 2025, the ratio stands at 8 days, meaning defensive assets of CA$40.00K can fund 8 days of operations without new revenue. Also explore E2Gold Inc (ETU) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for E2Gold Inc (2020–2024)

The table below presents the year-by-year Defensive Interval Ratio for E2Gold Inc from 2020 to 2024, covering 5 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 ETU market cap overview.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 11 days CA$40.00K CA$3.79K/day CA$- CA$40.00K ▼ -7 days
2023 18 days CA$60.00K CA$3.37K/day CA$- CA$60.00K ▼ -51 days
2022 69 days CA$142.51K CA$2.07K/day CA$- CA$60.00K ▲ +22 days
2021 47 days CA$164.58K CA$3.54K/day CA$- CA$40.00K ▼ -5 days
2020 52 days CA$14.71K CA$285.08/day CA$- CA$0.00
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)