GETT Gold Inc (GETT) — Defensive Interval Ratio

Latest as of June 2023: 41 days

GETT Gold Inc (GETT) has a Defensive Interval Ratio of 41 days as of June 2023. Defensive assets of CA$1.70 Million (cash CA$-, short-term investments CA$-, receivables CA$1.70 Million) cover 41 days of daily cash needs of CA$41.69K/day. See working capital position of GETT Gold Inc to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

41 days
Days of operational coverage

Defensive Assets

CA$1.70 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$41.69K
Current Liabilities ÷ 365

Current Liabilities

CA$15.22 Million
CAD

GETT Gold Inc Defensive Interval Ratio (2018–2022)

This chart shows how GETT Gold Inc's Defensive Interval Ratio has evolved across 5 annual periods from 2018 to 2022. As of June 2023, the ratio stands at 41 days, meaning defensive assets of CA$1.70 Million can fund 41 days of operations without new revenue. See GETT equity financing ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for GETT Gold Inc (2018–2022)

The table below presents the year-by-year Defensive Interval Ratio for GETT Gold Inc from 2018 to 2022, covering 5 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 GETT stock market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 152 days CA$2.57 Million CA$16.88K/day CA$- CA$- ▲ +152 days
2021 0 days CA$1.34K CA$48.94K/day CA$- CA$- ▼ -5 days
2020 5 days CA$112.82K CA$21.68K/day CA$- CA$- ▲ +4 days
2019 2 days CA$35.64K CA$22.03K/day CA$- CA$- ▲ +1 days
2018 1 days CA$9.60K CA$15.80K/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)