Galway Metals Inc. (GWM) — Defensive Interval Ratio
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.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. For the complete balance sheet picture, see Galway Metals Inc. (GWM) total assets.
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. See working capital position of Galway Metals Inc. 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) |
|---|---|---|---|---|---|---|
| 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$- | — |