Fireweed Zinc Ltd (FWZ) — Defensive Interval Ratio

Latest as of September 2025: 50 days

Fireweed Zinc Ltd (FWZ) has a Defensive Interval Ratio of 50 days as of September 2025. Defensive assets of CA$1.99 Million (cash CA$-, short-term investments CA$-, receivables CA$1.99 Million) cover 50 days of daily cash needs of CA$39.91K/day.

Defensive Interval Ratio

50 days
Days of operational coverage

Defensive Assets

CA$1.99 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$39.91K
Current Liabilities ÷ 365

Current Liabilities

CA$14.57 Million
CAD

Fireweed Zinc Ltd Defensive Interval Ratio (2015–2024)

This chart shows how Fireweed Zinc Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 50 days, meaning defensive assets of CA$1.99 Million can fund 50 days of operations without new revenue. For the complete balance sheet picture, see how large is Fireweed Zinc Ltd's balance sheet.

Annual Defensive Interval Ratio for Fireweed Zinc Ltd (2015–2024)

The table below presents the year-by-year Defensive Interval Ratio for Fireweed Zinc Ltd from 2015 to 2024, covering 10 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See FWZ working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 110 days CA$1.26 Million CA$11.40K/day CA$- CA$- ▲ +93 days
2023 18 days CA$283.02K CA$16.15K/day CA$- CA$- ▼ -19 days
2022 36 days CA$140.08K CA$3.86K/day CA$- CA$- ▼ -107 days
2021 143 days CA$340.84K CA$2.38K/day CA$- CA$- ▼ -228 days
2020 371 days CA$233.49K CA$629.76/day CA$- CA$- ▲ +333 days
2019 38 days CA$30.15K CA$791.23/day CA$- CA$- ▼ -18 days
2018 56 days CA$50.25K CA$896.93/day CA$- CA$- ▲ +6 days
2017 50 days CA$40.32K CA$803.08/day CA$- CA$- ▲ +4 days
2016 46 days CA$4.01K CA$87.15/day CA$- CA$- ▲ +41 days
2015 5 days CA$181.00 CA$35.35/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)