Galway Metals Inc. (GWM) — Defensive Interval Ratio

Latest as of March 2024: 101 days

Galway Metals Inc. (GWM) has a Defensive Interval Ratio of 101 days as of March 2024. Defensive assets of CA$294.10K (cash CA$-, short-term investments CA$-, receivables CA$294.10K) cover 101 days of daily cash needs of CA$2.92K/day. Check GWM goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

101 days
Days of operational coverage

Defensive Assets

CA$294.10K
Cash + ST Investments + Receivables

Daily Cash Need

CA$2.92K
Current Liabilities ÷ 365

Current Liabilities

CA$1.07 Million
CAD

Galway Metals Inc. Defensive Interval Ratio (2013–2023)

This chart shows how Galway Metals Inc.'s Defensive Interval Ratio has evolved across 9 annual periods from 2013 to 2023. As of March 2024, the ratio stands at 101 days, meaning defensive assets of CA$294.10K can fund 101 days of operations without new revenue. Also explore GWM net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Galway Metals Inc. (2013–2023)

The table below presents the year-by-year Defensive Interval Ratio for Galway Metals Inc. from 2013 to 2023, 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 market value of Galway Metals Inc..

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 116 days CA$438.11K CA$3.79K/day CA$- CA$- ▼ -18 days
2022 134 days CA$540.31K CA$4.04K/day CA$- CA$- ▲ +60 days
2021 74 days CA$867.83K CA$11.77K/day CA$- CA$- ▼ -66 days
2020 140 days CA$1.66 Million CA$11.90K/day CA$- CA$- ▼ -60 days
2019 199 days CA$684.35K CA$3.43K/day CA$- CA$- ▼ -34 days
2018 233 days CA$392.13K CA$1.68K/day CA$- CA$- ▲ +96 days
2017 137 days CA$355.94K CA$2.61K/day CA$- CA$- ▼ -21 days
2016 158 days CA$92.94K CA$589.90/day CA$- CA$- ▼ -259 days
2013 417 days CA$115.83K CA$278.06/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)