Happy Creek Minerals Ltd (HPY) — Defensive Interval Ratio

Latest as of October 2025: 3628 days

Happy Creek Minerals Ltd (HPY) has a Defensive Interval Ratio of 3628 days as of October 2025. Defensive assets of CA$1.20 Million (cash CA$-, short-term investments CA$1.11 Million, receivables CA$83.97K) cover 3628 days of daily cash needs of CA$330.45/day. For the complete balance sheet picture, see HPY asset base.

Defensive Interval Ratio

3628 days
Days of operational coverage

Defensive Assets

CA$1.20 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$330.45
Current Liabilities ÷ 365

Current Liabilities

CA$120.61K
CAD

Happy Creek Minerals Ltd Defensive Interval Ratio (2014–2025)

This chart shows how Happy Creek Minerals Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of October 2025, the ratio stands at 3628 days, meaning defensive assets of CA$1.20 Million can fund 3628 days of operations without new revenue. Check financial resilience of Happy Creek Minerals Ltd to evaluate the company's liquid asset resilience ratio.

Annual Defensive Interval Ratio for Happy Creek Minerals Ltd (2014–2025)

The table below presents the year-by-year Defensive Interval Ratio for Happy Creek Minerals Ltd from 2014 to 2025, covering 12 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 859 days CA$284.15K CA$330.73/day CA$- CA$234.79K ▲ +826 days
2024 33 days CA$16.50K CA$503.68/day CA$- CA$554.00 ▲ +25 days
2023 8 days CA$6.25K CA$767.16/day CA$- CA$554.00 ▼ -310 days
2022 318 days CA$61.76K CA$194.36/day CA$- CA$10.21K ▲ +182 days
2021 135 days CA$83.23K CA$614.37/day CA$- CA$9.66K ▼ -432 days
2020 568 days CA$223.32K CA$393.25/day CA$- CA$192.64K ▼ -1208 days
2019 1776 days CA$377.11K CA$212.36/day CA$- CA$369.50K ▲ +613 days
2018 1162 days CA$160.81K CA$138.33/day CA$- CA$138.00K ▲ +586 days
2017 576 days CA$52.32K CA$90.82/day CA$- CA$6.00K ▲ +535 days
2016 42 days CA$7.33K CA$176.56/day CA$- CA$- ▼ -21 days
2015 63 days CA$8.57K CA$136.17/day CA$- CA$- ▲ +7 days
2014 56 days CA$19.43K CA$346.78/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)