Goldshore Resources Inc Defensive Interval Ratio
Goldshore Resources Inc 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. See how liquid is Goldshore Resources Inc's working capital 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 Goldshore Resources Inc (2019–2022)
Defensive interval ratio of Goldshore Resources Inc from 2019 to 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. Read GSHR current and long-term liabilities for a breakdown of total debt and financial obligations.
Goldshore Resources Inc Defensive Interval Ratio by Year (2019–2022)
Goldshore Resources Inc defensive interval ratio by year from 2019 to 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. For the complete balance sheet picture, see Goldshore Resources Inc total assets.
| 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$- | — |