European Electric Metals Inc (EVX) — Defensive Interval Ratio

Latest as of October 2025: 25 days

European Electric Metals Inc (EVX) has a Defensive Interval Ratio of 25 days as of October 2025. Defensive assets of CA$42.11K (cash CA$-, short-term investments CA$20.83K, receivables CA$21.28K) cover 25 days of daily cash needs of CA$1.70K/day. Check EVX goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

25 days
Days of operational coverage

Defensive Assets

CA$42.11K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.70K
Current Liabilities ÷ 365

Current Liabilities

CA$620.23K
CAD

European Electric Metals Inc Defensive Interval Ratio (2017–2025)

This chart shows how European Electric Metals Inc's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of October 2025, the ratio stands at 25 days, meaning defensive assets of CA$42.11K can fund 25 days of operations without new revenue. Also explore EVX shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for European Electric Metals Inc (2017–2025)

The table below presents the year-by-year Defensive Interval Ratio for European Electric Metals Inc from 2017 to 2025, covering 9 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 European Electric Metals Inc (EVX) market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 209 days CA$287.75K CA$1.37K/day CA$- CA$20.83K ▲ +172 days
2024 38 days CA$40.09K CA$1.06K/day CA$- CA$29.17K ▲ +21 days
2023 16 days CA$13.60K CA$834.72/day CA$- CA$4.67K ▲ +13 days
2022 3 days CA$13.77K CA$4.27K/day CA$- CA$12.67K ▲ +2 days
2021 1 days CA$4.32K CA$4.19K/day CA$- CA$0.00 ▼ -2 days
2020 3 days CA$12.84K CA$4.41K/day CA$- CA$- ▲ +1 days
2019 2 days CA$5.34K CA$2.87K/day CA$- CA$- ▼ -15 days
2018 17 days CA$31.34K CA$1.87K/day CA$- CA$- ▲ +17 days
2017 0 days CA$1.42K CA$32.53K/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)