Harfang Exploration Inc (HAR) — Defensive Interval Ratio

Latest as of April 2026: 60 days

Harfang Exploration Inc (HAR) has a Defensive Interval Ratio of 60 days as of April 2026. Defensive assets of CA$45.83K (cash CA$-, short-term investments CA$-, receivables CA$45.83K) cover 60 days of daily cash needs of CA$761.96/day.

Defensive Interval Ratio

60 days
Days of operational coverage

Defensive Assets

CA$45.83K
Cash + ST Investments + Receivables

Daily Cash Need

CA$761.96
Current Liabilities ÷ 365

Current Liabilities

CA$278.11K
CAD

Harfang Exploration Inc Defensive Interval Ratio (2012–2026)

This chart shows how Harfang Exploration Inc's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2026. As of April 2026, the ratio stands at 60 days, meaning defensive assets of CA$45.83K can fund 60 days of operations without new revenue. For the complete balance sheet picture, see Harfang Exploration Inc asset portfolio.

Annual Defensive Interval Ratio for Harfang Exploration Inc (2012–2026)

The table below presents the year-by-year Defensive Interval Ratio for Harfang Exploration Inc from 2012 to 2026, covering 14 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 HAR 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)
2026 96 days CA$124.77K CA$1.29K/day CA$- CA$- ▲ +96 days
2025 0 days CA$0.00 CA$705.88/day CA$- CA$- ▼ -321 days
2024 321 days CA$537.62K CA$1.67K/day CA$- CA$- ▼ -529 days
2023 850 days CA$462.64K CA$544.35/day CA$- CA$- ▲ +803 days
2022 47 days CA$120.76K CA$2.55K/day CA$- CA$- ▲ +24 days
2021 24 days CA$84.18K CA$3.57K/day CA$- CA$- ▼ -55 days
2020 78 days CA$68.22K CA$872.34/day CA$- CA$- ▼ -67 days
2019 145 days CA$76.61K CA$529.29/day CA$- CA$- ▲ +10 days
2018 134 days CA$59.44K CA$442.22/day CA$- CA$- ▲ +134 days
2017 1 days CA$245.00 CA$280.89/day CA$- CA$- ▲ +0 days
2016 1 days CA$128.00 CA$185.12/day CA$- CA$- ▼ 0 days
2015 1 days CA$91.00 CA$103.94/day CA$- CA$- ▼ -2 days
2013 3 days CA$751.00 CA$274.44/day CA$- CA$- ▼ -45 days
2012 48 days CA$4.07K CA$84.69/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)