GR Silver Mining Ltd (GRSL) — Defensive Interval Ratio

Latest as of December 2024: 3 days

GR Silver Mining Ltd (GRSL) has a Defensive Interval Ratio of 3 days as of December 2024. Defensive assets of CA$12.73K (cash CA$-, short-term investments CA$-, receivables CA$12.73K) cover 3 days of daily cash needs of CA$3.76K/day. See GRSL working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

3 days
Days of operational coverage

Defensive Assets

CA$12.73K
Cash + ST Investments + Receivables

Daily Cash Need

CA$3.76K
Current Liabilities ÷ 365

Current Liabilities

CA$1.37 Million
CAD

GR Silver Mining Ltd Defensive Interval Ratio (2016–2024)

This chart shows how GR Silver Mining Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of December 2024, the ratio stands at 3 days, meaning defensive assets of CA$12.73K can fund 3 days of operations without new revenue. See net asset quality index of GR Silver Mining Ltd to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for GR Silver Mining Ltd (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for GR Silver Mining Ltd from 2016 to 2024, covering 9 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 GR Silver Mining Ltd market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 3 days CA$12.73K CA$3.76K/day CA$- CA$- ▲ +3 days
2023 0 days CA$20.40K CA$65.83K/day CA$- CA$- ▲ +0 days
2022 0 days CA$11.72K CA$50.26K/day CA$- CA$- ▼ 0 days
2021 1 days CA$25.52K CA$39.75K/day CA$- CA$- ▼ -14 days
2020 15 days CA$38.56K CA$2.63K/day CA$- CA$- ▼ -3 days
2019 18 days CA$18.23K CA$1.02K/day CA$- CA$- ▼ -2 days
2018 19 days CA$18.70K CA$959.52/day CA$- CA$- ▼ -99 days
2017 118 days CA$91.14K CA$769.51/day CA$- CA$- ▼ -637 days
2016 755 days CA$12.41K CA$16.44/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)