Goldhills Holding Ltd (GHL) — Defensive Interval Ratio

Latest as of October 2022: 1 days

Goldhills Holding Ltd (GHL) has a Defensive Interval Ratio of 1 days as of October 2022. Defensive assets of CA$794.00 (cash CA$-, short-term investments CA$-, receivables CA$794.00) cover 1 days of daily cash needs of CA$700.94/day.

Defensive Interval Ratio

1 days
Days of operational coverage

Defensive Assets

CA$794.00
Cash + ST Investments + Receivables

Daily Cash Need

CA$700.94
Current Liabilities ÷ 365

Current Liabilities

CA$255.84K
CAD

Goldhills Holding Ltd Defensive Interval Ratio (2016–2022)

This chart shows how Goldhills Holding Ltd's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2022. As of October 2022, the ratio stands at 1 days, meaning defensive assets of CA$794.00 can fund 1 days of operations without new revenue. For the complete balance sheet picture, see Goldhills Holding Ltd total assets.

Annual Defensive Interval Ratio for Goldhills Holding Ltd (2016–2022)

The table below presents the year-by-year Defensive Interval Ratio for Goldhills Holding Ltd from 2016 to 2022, covering 7 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 GHL net working capital ratio 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)
2022 4 days CA$1.98K CA$439.69/day CA$- CA$- ▲ +2 days
2021 2 days CA$1.35K CA$565.23/day CA$- CA$- ▲ +0 days
2020 2 days CA$2.65K CA$1.29K/day CA$- CA$- ▼ -1 days
2019 3 days CA$3.71K CA$1.39K/day CA$- CA$- ▼ -34 days
2018 36 days CA$42.25K CA$1.16K/day CA$- CA$- ▲ +11 days
2017 25 days CA$19.19K CA$765.41/day CA$- CA$0.00 ▲ +18 days
2016 7 days CA$16.59K CA$2.24K/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)