Goldex Resources Corp Defensive Interval Ratio

Latest as of September 2024: 3 days

Goldex Resources Corp defensive interval ratio. Goldex Resources Corp (GDX) has a Defensive Interval Ratio of 3 days as of September 2024. Defensive assets of CA$4.68K (cash CA$-, short-term investments CA$-, receivables CA$4.68K) cover 3 days of daily cash needs of CA$1.76K/day. See Goldex Resources Corp working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

3 days
Days of operational coverage

Defensive Assets

CA$4.68K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.76K
Current Liabilities ÷ 365

Current Liabilities

CA$641.95K
CAD

Defensive Interval Ratio of Goldex Resources Corp (2013–2023)

Defensive interval ratio of Goldex Resources Corp from 2013 to 2023. This chart shows how Goldex Resources Corp's Defensive Interval Ratio has evolved across 11 annual periods from 2013 to 2023. As of September 2024, the ratio stands at 3 days, meaning defensive assets of CA$4.68K can fund 3 days of operations without new revenue. Check how resilient are Goldex Resources Corp's assets to evaluate the company's liquid asset resilience ratio.

Goldex Resources Corp Defensive Interval Ratio by Year (2013–2023)

Goldex Resources Corp defensive interval ratio by year from 2013 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Goldex Resources Corp from 2013 to 2023, covering 11 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 total assets of Goldex Resources Corp.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 5 days CA$6.85K CA$1.50K/day CA$- CA$- ▲ +0 days
2022 5 days CA$6.07K CA$1.34K/day CA$- CA$- ▲ +2 days
2021 2 days CA$2.51K CA$1.02K/day CA$- CA$- ▲ +2 days
2020 0 days CA$690.00 CA$5.66K/day CA$- CA$- ▼ -1 days
2019 1 days CA$7.78K CA$5.28K/day CA$- CA$- ▼ -1 days
2018 2 days CA$8.96K CA$4.49K/day CA$- CA$- ▼ 0 days
2017 2 days CA$8.57K CA$3.66K/day CA$- CA$0.00 ▼ -10 days
2016 13 days CA$23.91K CA$1.87K/day CA$- CA$16.02K ▲ +3 days
2015 9 days CA$52.99K CA$5.65K/day CA$- CA$15.00K ▲ +1 days
2014 8 days CA$39.04K CA$4.90K/day CA$- CA$- ▼ -4 days
2013 12 days CA$47.94K CA$4.03K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)