Goldshore Resources Inc (GSHR) — Defensive Interval Ratio
Goldshore Resources Inc (GSHR) has a Defensive Interval Ratio of 61 days as of June 2023. Defensive assets of CA$234.04K (cash CA$-, short-term investments CA$-, receivables CA$234.04K) cover 61 days of daily cash needs of CA$3.81K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Goldshore Resources Inc Defensive Interval Ratio (2019–2022)
This chart shows how Goldshore Resources Inc's Defensive Interval Ratio has evolved across 4 annual periods from 2019 to 2022. As of June 2023, the ratio stands at 61 days, meaning defensive assets of CA$234.04K can fund 61 days of operations without new revenue. For the complete balance sheet picture, see Goldshore Resources Inc (GSHR) total assets.
Annual Defensive Interval Ratio for Goldshore Resources Inc (2019–2022)
The table below presents the year-by-year Defensive Interval Ratio for Goldshore Resources Inc from 2019 to 2022, covering 4 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 GSHR 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 | 43 days | CA$241.68K | CA$5.57K/day | CA$- | CA$- | ▼ -42 days |
| 2021 | 86 days | CA$837.85K | CA$9.79K/day | CA$- | CA$- | ▲ +86 days |
| 2020 | 0 days | CA$1.82K | CA$41.62K/day | CA$- | CA$- | ▼ -12 days |
| 2019 | 12 days | CA$15.73K | CA$1.34K/day | CA$- | CA$- | — |