Goldflare Exploration Inc Defensive Interval Ratio
Goldflare Exploration Inc defensive interval ratio. Goldflare Exploration Inc (GOFL) has a Defensive Interval Ratio of 166 days as of May 2023. Defensive assets of CA$114.16K (cash CA$-, short-term investments CA$-, receivables CA$114.16K) cover 166 days of daily cash needs of CA$687.99/day. See GOFL working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Goldflare Exploration Inc (2018–2023)
Defensive interval ratio of Goldflare Exploration Inc from 2018 to 2023. This chart shows how Goldflare Exploration Inc's Defensive Interval Ratio has evolved across 6 annual periods from 2018 to 2023. As of May 2023, the ratio stands at 166 days, meaning defensive assets of CA$114.16K can fund 166 days of operations without new revenue. Check GOFL asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Goldflare Exploration Inc Defensive Interval Ratio by Year (2018–2023)
Goldflare Exploration Inc defensive interval ratio by year from 2018 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Goldflare Exploration Inc from 2018 to 2023, covering 6 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 Goldflare Exploration Inc total assets.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 133 days | CA$112.55K | CA$845.86/day | CA$- | CA$- | ▼ -196 days |
| 2022 | 329 days | CA$97.39K | CA$295.75/day | CA$- | CA$- | ▼ -87 days |
| 2021 | 417 days | CA$106.58K | CA$255.76/day | CA$- | CA$- | ▼ -1009 days |
| 2020 | 1426 days | CA$658.75K | CA$461.95/day | CA$- | CA$- | ▲ +1426 days |
| 2019 | 0 days | CA$0.00 | CA$207.21/day | CA$- | CA$0.00 | ▼ -1822 days |
| 2018 | 1822 days | CA$638.18K | CA$350.17/day | CA$- | CA$600.00K | — |