Cassiar Gold Corp Defensive Interval Ratio

Latest as of December 2023: 103 days

Cassiar Gold Corp defensive interval ratio. Cassiar Gold Corp (GLDC) has a Defensive Interval Ratio of 103 days as of December 2023. Defensive assets of CA$150.19K (cash CA$-, short-term investments CA$-, receivables CA$150.19K) cover 103 days of daily cash needs of CA$1.45K/day. See how liquid is Cassiar Gold Corp's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

103 days
Days of operational coverage

Defensive Assets

CA$150.19K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.45K
Current Liabilities ÷ 365

Current Liabilities

CA$530.43K
CAD

Defensive Interval Ratio of Cassiar Gold Corp (2010–2023)

Defensive interval ratio of Cassiar Gold Corp from 2010 to 2023. This chart shows how Cassiar Gold Corp's Defensive Interval Ratio has evolved across 14 annual periods from 2010 to 2023. As of December 2023, the ratio stands at 103 days, meaning defensive assets of CA$150.19K can fund 103 days of operations without new revenue. Read debt load of Cassiar Gold Corp for a breakdown of total debt and financial obligations.

Cassiar Gold Corp Defensive Interval Ratio by Year (2010–2023)

Cassiar Gold Corp defensive interval ratio by year from 2010 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Cassiar Gold Corp from 2010 to 2023, covering 14 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 Cassiar Gold Corp.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 43 days CA$295.49K CA$6.92K/day CA$- CA$- ▼ -13 days
2022 56 days CA$408.34K CA$7.29K/day CA$- CA$- ▼ -14 days
2021 70 days CA$145.08K CA$2.07K/day CA$- CA$- ▲ +20 days
2020 50 days CA$105.00K CA$2.10K/day CA$- CA$- ▲ +24 days
2019 26 days CA$29.24K CA$1.13K/day CA$- CA$- ▼ -22 days
2018 48 days CA$45.05K CA$943.56/day CA$- CA$- ▲ +18 days
2017 29 days CA$24.54K CA$837.58/day CA$- CA$- ▲ +2 days
2016 27 days CA$26.15K CA$972.48/day CA$- CA$- ▲ +1 days
2015 26 days CA$24.75K CA$955.03/day CA$- CA$- ▼ -22 days
2014 48 days CA$40.04K CA$837.15/day CA$- CA$- ▼ -40 days
2013 88 days CA$26.85K CA$306.23/day CA$- CA$- ▲ +24 days
2012 63 days CA$99.20K CA$1.57K/day CA$- CA$- ▼ -1889 days
2011 1952 days CA$355.78K CA$182.28/day CA$- CA$- ▲ +1917 days
2010 35 days CA$1.04K CA$30.14/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)