Horizon Copper Corp. (HCU) — Defensive Interval Ratio

Latest as of June 2025: 94 days

Horizon Copper Corp. (HCU) has a Defensive Interval Ratio of 94 days as of June 2025. Defensive assets of CA$5.03 Million (cash CA$-, short-term investments CA$-, receivables CA$5.03 Million) cover 94 days of daily cash needs of CA$53.31K/day. Check HCU goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

94 days
Days of operational coverage

Defensive Assets

CA$5.03 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$53.31K
Current Liabilities ÷ 365

Current Liabilities

CA$19.46 Million
CAD

Horizon Copper Corp. Defensive Interval Ratio (2021–2024)

This chart shows how Horizon Copper Corp.'s Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2025, the ratio stands at 94 days, meaning defensive assets of CA$5.03 Million can fund 94 days of operations without new revenue. Also explore Horizon Copper Corp. (HCU) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Horizon Copper Corp. (2021–2024)

The table below presents the year-by-year Defensive Interval Ratio for Horizon Copper Corp. from 2021 to 2024, covering 4 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 Horizon Copper Corp..

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 21 days CA$394.00K CA$19.21K/day CA$- CA$- ▼ -67 days
2023 87 days CA$2.48 Million CA$28.50K/day CA$- CA$- ▼ -22344 days
2022 22431 days CA$8.66 Million CA$386.30/day CA$- CA$- ▲ +22225 days
2021 205 days CA$54.00K CA$263.01/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)