Highbank Resources Ltd. (HBK) — Defensive Interval Ratio

Latest as of September 2024: 0 days

Highbank Resources Ltd. (HBK) has a Defensive Interval Ratio of 0 days as of September 2024. Defensive assets of CA$213.00 (cash CA$-, short-term investments CA$-, receivables CA$213.00) cover 0 days of daily cash needs of CA$35.33K/day.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

CA$213.00
Cash + ST Investments + Receivables

Daily Cash Need

CA$35.33K
Current Liabilities ÷ 365

Current Liabilities

CA$12.90 Million
CAD

Highbank Resources Ltd. Defensive Interval Ratio (2013–2023)

This chart shows how Highbank Resources Ltd.'s Defensive Interval Ratio has evolved across 11 annual periods from 2013 to 2023. As of September 2024, the ratio stands at 0 days, meaning defensive assets of CA$213.00 can fund 0 days of operations without new revenue. For the complete balance sheet picture, see HBK total asset value.

Annual Defensive Interval Ratio for Highbank Resources Ltd. (2013–2023)

The table below presents the year-by-year Defensive Interval Ratio for Highbank Resources Ltd. from 2013 to 2023, covering 11 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 to net assets of Highbank Resources 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 0 days CA$270.00 CA$34.11K/day CA$- CA$- ▼ 0 days
2022 0 days CA$1.18K CA$29.90K/day CA$- CA$- ▼ 0 days
2021 0 days CA$2.38K CA$19.10K/day CA$- CA$- ▲ +0 days
2020 0 days CA$3.22K CA$27.96K/day CA$- CA$- ▼ 0 days
2019 0 days CA$4.54K CA$14.91K/day CA$- CA$- ▼ 0 days
2018 0 days CA$5.62K CA$12.09K/day CA$- CA$- ▼ -1 days
2017 1 days CA$14.48K CA$9.96K/day CA$- CA$- ▲ +1 days
2016 0 days CA$4.85K CA$18.09K/day CA$- CA$- ▼ -1 days
2015 2 days CA$9.70K CA$5.51K/day CA$- CA$- ▼ -30 days
2014 32 days CA$92.37K CA$2.90K/day CA$- CA$- ▲ +20 days
2013 12 days CA$6.08K CA$518.28/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)