Glen Eagle Resources Inc (GER) — Defensive Interval Ratio

Latest as of September 2023: 7 days

Glen Eagle Resources Inc (GER) has a Defensive Interval Ratio of 7 days as of September 2023. Defensive assets of CA$73.14K (cash CA$-, short-term investments CA$51.79K, receivables CA$21.35K) cover 7 days of daily cash needs of CA$10.97K/day. See Glen Eagle Resources Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

7 days
Days of operational coverage

Defensive Assets

CA$73.14K
Cash + ST Investments + Receivables

Daily Cash Need

CA$10.97K
Current Liabilities ÷ 365

Current Liabilities

CA$4.00 Million
CAD

Glen Eagle Resources Inc Defensive Interval Ratio (2001–2022)

This chart shows how Glen Eagle Resources Inc's Defensive Interval Ratio has evolved across 22 annual periods from 2001 to 2022. As of September 2023, the ratio stands at 7 days, meaning defensive assets of CA$73.14K can fund 7 days of operations without new revenue. See net asset quality index of Glen Eagle Resources Inc to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Glen Eagle Resources Inc (2001–2022)

The table below presents the year-by-year Defensive Interval Ratio for Glen Eagle Resources Inc from 2001 to 2022, covering 22 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 market value of Glen Eagle Resources Inc.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 72 days CA$712.08K CA$9.85K/day CA$- CA$443.10K ▲ +53 days
2021 20 days CA$87.91K CA$4.49K/day CA$- CA$8.11K ▼ -4 days
2020 23 days CA$90.10K CA$3.89K/day CA$- CA$8.10K ▼ -1 days
2019 24 days CA$65.98K CA$2.75K/day CA$- CA$8.10K ▼ -4 days
2018 28 days CA$55.21K CA$2.00K/day CA$- CA$8.10K ▼ -189 days
2017 216 days CA$421.15K CA$1.95K/day CA$- CA$349.65K ▼ -745 days
2016 962 days CA$1.47 Million CA$1.52K/day CA$- CA$1.42 Million ▲ +946 days
2015 16 days CA$51.57K CA$3.28K/day CA$- CA$- ▼ -242 days
2014 258 days CA$212.09K CA$821.56/day CA$- CA$- ▲ +156 days
2013 102 days CA$54.92K CA$537.16/day CA$- CA$- ▼ -123 days
2012 226 days CA$115.52K CA$512.12/day CA$- CA$- ▲ +128 days
2011 97 days CA$186.20K CA$1.91K/day CA$- CA$- ▼ -815 days
2010 912 days CA$219.96K CA$241.08/day CA$- CA$- ▲ +893 days
2009 19 days CA$9.96K CA$519.68/day CA$- CA$- ▼ -23 days
2008 42 days CA$5.73K CA$136.11/day CA$- CA$- ▼ -82 days
2007 124 days CA$12.76K CA$102.75/day CA$- CA$- ▼ -72 days
2006 196 days CA$14.15K CA$72.27/day CA$- CA$8.00K ▼ -93 days
2005 289 days CA$59.80K CA$206.95/day CA$- CA$56.75K ▼ -103 days
2004 392 days CA$245.82K CA$627.39/day CA$- CA$162.53K ▲ +140 days
2003 252 days CA$475.99K CA$1.89K/day CA$- CA$412.00K ▲ +234 days
2002 18 days CA$40.58K CA$2.21K/day CA$- CA$21.06K ▼ -24 days
2001 42 days CA$48.65K CA$1.15K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)