FPX Nickel Corp (FPX) — Defensive Interval Ratio

Latest as of March 2024: 279 days

FPX Nickel Corp (FPX) has a Defensive Interval Ratio of 279 days as of March 2024. Defensive assets of CA$1.32 Million (cash CA$-, short-term investments CA$-, receivables CA$1.32 Million) cover 279 days of daily cash needs of CA$4.74K/day. See FPX working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

279 days
Days of operational coverage

Defensive Assets

CA$1.32 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$4.74K
Current Liabilities ÷ 365

Current Liabilities

CA$1.73 Million
CAD

FPX Nickel Corp Defensive Interval Ratio (1996–2023)

This chart shows how FPX Nickel Corp's Defensive Interval Ratio has evolved across 28 annual periods from 1996 to 2023. As of March 2024, the ratio stands at 279 days, meaning defensive assets of CA$1.32 Million can fund 279 days of operations without new revenue. See FPX Nickel Corp (FPX) net asset quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for FPX Nickel Corp (1996–2023)

The table below presents the year-by-year Defensive Interval Ratio for FPX Nickel Corp from 1996 to 2023, covering 28 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 how much is FPX Nickel Corp worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 237 days CA$726.53K CA$3.06K/day CA$- CA$- ▼ -988 days
2022 1225 days CA$2.20 Million CA$1.79K/day CA$- CA$- ▲ +349 days
2021 876 days CA$1.29 Million CA$1.47K/day CA$- CA$- ▲ +778 days
2020 98 days CA$57.93K CA$589.08/day CA$- CA$- ▲ +44 days
2019 55 days CA$35.44K CA$646.98/day CA$- CA$- ▼ -45 days
2018 100 days CA$43.29K CA$432.86/day CA$- CA$- ▼ -450 days
2017 550 days CA$223.29K CA$405.88/day CA$- CA$- ▲ +523 days
2016 27 days CA$22.86K CA$835.07/day CA$- CA$- ▲ +19 days
2015 9 days CA$14.26K CA$1.66K/day CA$- CA$- ▼ -91 days
2014 100 days CA$12.63K CA$126.77/day CA$- CA$- ▲ +32 days
2013 68 days CA$12.07K CA$177.38/day CA$- CA$- ▼ -608 days
2012 676 days CA$248.90K CA$368.19/day CA$- CA$- ▼ -354 days
2011 1030 days CA$147.37K CA$143.05/day CA$- CA$- ▲ +241 days
2010 790 days CA$295.09K CA$373.75/day CA$- CA$- ▲ +760 days
2009 30 days CA$8.04K CA$270.87/day CA$- CA$- ▼ -63 days
2008 92 days CA$19.89K CA$215.18/day CA$- CA$- ▼ -8 days
2007 101 days CA$15.83K CA$157.03/day CA$- CA$- ▼ -66 days
2006 167 days CA$27.45K CA$164.81/day CA$- CA$- ▲ +6 days
2005 160 days CA$52.73K CA$329.26/day CA$- CA$- ▼ -551 days
2004 712 days CA$70.21K CA$98.67/day CA$- CA$- ▲ +52 days
2003 660 days CA$30.34K CA$45.98/day CA$- CA$- ▼ -2377 days
2002 3037 days CA$59.05K CA$19.44/day CA$- CA$- ▲ +3002 days
2001 35 days CA$9.71K CA$275.55/day CA$- CA$- ▼ -72 days
2000 107 days CA$21.61K CA$201.93/day CA$- CA$- ▲ +64 days
1999 43 days CA$3.16K CA$73.77/day CA$- CA$- ▼ -1130 days
1998 1172 days CA$44.77K CA$38.19/day CA$- CA$- ▲ +751 days
1997 421 days CA$33.28K CA$79.05/day CA$- CA$- ▲ +358 days
1996 63 days CA$25.02K CA$397.61/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)