Hannan Metals Ltd (HAN) — Defensive Interval Ratio

Latest as of February 2024: 9 days

Hannan Metals Ltd (HAN) has a Defensive Interval Ratio of 9 days as of February 2024. Defensive assets of CA$8.52K (cash CA$-, short-term investments CA$-, receivables CA$8.52K) cover 9 days of daily cash needs of CA$901.62/day.

Defensive Interval Ratio

9 days
Days of operational coverage

Defensive Assets

CA$8.52K
Cash + ST Investments + Receivables

Daily Cash Need

CA$901.62
Current Liabilities ÷ 365

Current Liabilities

CA$329.09K
CAD

Hannan Metals Ltd Defensive Interval Ratio (2001–2023)

This chart shows how Hannan Metals Ltd's Defensive Interval Ratio has evolved across 23 annual periods from 2001 to 2023. As of February 2024, the ratio stands at 9 days, meaning defensive assets of CA$8.52K can fund 9 days of operations without new revenue. For the complete balance sheet picture, see HAN current and non-current assets.

Annual Defensive Interval Ratio for Hannan Metals Ltd (2001–2023)

The table below presents the year-by-year Defensive Interval Ratio for Hannan Metals Ltd from 2001 to 2023, covering 23 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 Hannan Metals Ltd 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 25 days CA$23.66K CA$952.16/day CA$- CA$- ▲ +16 days
2022 9 days CA$6.67K CA$776.82/day CA$- CA$- ▼ -16 days
2021 25 days CA$16.23K CA$652.00/day CA$- CA$- ▲ +18 days
2020 7 days CA$9.17K CA$1.29K/day CA$- CA$- ▼ -5 days
2019 13 days CA$10.10K CA$807.05/day CA$- CA$- ▲ +7 days
2018 6 days CA$6.32K CA$1.06K/day CA$- CA$- ▼ -12 days
2017 18 days CA$71.08K CA$3.89K/day CA$- CA$- ▲ +18 days
2016 0 days CA$121.00 CA$422.74/day CA$- CA$- ▼ -1 days
2015 2 days CA$428.00 CA$283.63/day CA$- CA$- ▲ +1 days
2014 0 days CA$134.00 CA$2.65K/day CA$- CA$- ▼ -1 days
2013 1 days CA$8.85K CA$11.22K/day CA$- CA$- ▲ +0 days
2012 0 days CA$3.39K CA$9.23K/day CA$- CA$- ▲ +0 days
2011 0 days CA$2.66K CA$10.46K/day CA$- CA$- ▼ -5 days
2010 5 days CA$58.37K CA$10.69K/day CA$- CA$- ▲ +4 days
2009 1 days CA$8.84K CA$7.82K/day CA$- CA$- ▼ -1 days
2008 2 days CA$25.03K CA$15.35K/day CA$- CA$- ▼ -54 days
2007 56 days CA$52.02K CA$934.56/day CA$- CA$- ▲ +22 days
2006 34 days CA$14.38K CA$424.81/day CA$- CA$- ▲ +33 days
2005 1 days CA$1.33K CA$1.44K/day CA$- CA$- ▼ -248 days
2004 249 days CA$10.30K CA$41.34/day CA$- CA$- ▲ +232 days
2003 17 days CA$10.44K CA$601.44/day CA$- CA$- ▼ -22 days
2002 39 days CA$31.06K CA$795.61/day CA$- CA$- ▼ -1616 days
2001 1655 days CA$244.47K CA$147.73/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)