Gabriel Resources Ltd (GBU) — Defensive Interval Ratio

Latest as of September 2023: 12 days

Gabriel Resources Ltd (GBU) has a Defensive Interval Ratio of 12 days as of September 2023. Defensive assets of CA$249.00K (cash CA$-, short-term investments CA$-, receivables CA$249.00K) cover 12 days of daily cash needs of CA$21.10K/day. See GBU current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

12 days
Days of operational coverage

Defensive Assets

CA$249.00K
Cash + ST Investments + Receivables

Daily Cash Need

CA$21.10K
Current Liabilities ÷ 365

Current Liabilities

CA$7.70 Million
CAD

Gabriel Resources Ltd Defensive Interval Ratio (1997–2022)

This chart shows how Gabriel Resources Ltd's Defensive Interval Ratio has evolved across 26 annual periods from 1997 to 2022. As of September 2023, the ratio stands at 12 days, meaning defensive assets of CA$249.00K can fund 12 days of operations without new revenue. Read Gabriel Resources Ltd total liabilities for a breakdown of total debt and financial obligations.

Annual Defensive Interval Ratio for Gabriel Resources Ltd (1997–2022)

The table below presents the year-by-year Defensive Interval Ratio for Gabriel Resources Ltd from 1997 to 2022, covering 26 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 Gabriel Resources Ltd balance sheet assets.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 5 days CA$114.00K CA$20.95K/day CA$- CA$- ▼ -2 days
2021 7 days CA$135.00K CA$18.33K/day CA$- CA$- ▲ +6 days
2020 1 days CA$276.00K CA$244.76K/day CA$- CA$- ▼ -11 days
2019 12 days CA$368.00K CA$31.09K/day CA$- CA$- ▼ -29 days
2018 41 days CA$731.00K CA$17.98K/day CA$- CA$- ▼ -16 days
2017 57 days CA$875.00K CA$15.33K/day CA$- CA$- ▲ +16 days
2016 41 days CA$596.00K CA$14.60K/day CA$- CA$- ▲ +31 days
2015 10 days CA$117.00K CA$11.36K/day CA$- CA$- ▲ +3 days
2014 7 days CA$154.00K CA$22.14K/day CA$- CA$- ▼ -49 days
2013 56 days CA$2.09 Million CA$37.47K/day CA$- CA$- ▲ +15 days
2012 41 days CA$1.75 Million CA$43.04K/day CA$- CA$- ▼ -52 days
2011 92 days CA$5.44 Million CA$58.98K/day CA$- CA$- ▼ -2351 days
2010 2444 days CA$96.67 Million CA$39.56K/day CA$- CA$94.94 Million ▲ +1346 days
2009 1098 days CA$47.66 Million CA$43.41K/day CA$- CA$46.20 Million ▲ +1059 days
2008 39 days CA$5.22 Million CA$134.39K/day CA$- CA$- ▲ +22 days
2007 16 days CA$1.40 Million CA$85.40K/day CA$- CA$162.00K ▼ -2177 days
2006 2193 days CA$80.04 Million CA$36.50K/day CA$- CA$77.72 Million ▼ -1316 days
2005 3509 days CA$29.34 Million CA$8.36K/day CA$- CA$28.93 Million ▲ +3471 days
2004 38 days CA$294.16K CA$7.73K/day CA$- CA$- ▼ -54 days
2003 92 days CA$1.42 Million CA$15.46K/day CA$- CA$- ▼ -98 days
2002 190 days CA$2.35 Million CA$12.37K/day CA$- CA$- ▼ -10 days
2001 200 days CA$907.33K CA$4.53K/day CA$- CA$- ▲ +17 days
2000 183 days CA$1.31 Million CA$7.16K/day CA$- CA$- ▲ +141 days
1999 42 days CA$300.00K CA$7.12K/day CA$- CA$- ▼ -41 days
1998 83 days CA$500.00K CA$6.03K/day CA$- CA$- ▲ +10 days
1997 73 days CA$100.00K CA$1.37K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)