Independence Gold Corp (IGO) — Defensive Interval Ratio

Latest as of March 2026: 30 days

Independence Gold Corp (IGO) has a Defensive Interval Ratio of 30 days as of March 2026. Defensive assets of CA$117.72K (cash CA$-, short-term investments CA$-, receivables CA$117.72K) cover 30 days of daily cash needs of CA$3.91K/day.

Defensive Interval Ratio

30 days
Days of operational coverage

Defensive Assets

CA$117.72K
Cash + ST Investments + Receivables

Daily Cash Need

CA$3.91K
Current Liabilities ÷ 365

Current Liabilities

CA$1.43 Million
CAD

Independence Gold Corp Defensive Interval Ratio (2012–2025)

This chart shows how Independence Gold Corp's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 30 days, meaning defensive assets of CA$117.72K can fund 30 days of operations without new revenue. For the complete balance sheet picture, see Independence Gold Corp balance sheet assets.

Annual Defensive Interval Ratio for Independence Gold Corp (2012–2025)

The table below presents the year-by-year Defensive Interval Ratio for Independence Gold Corp from 2012 to 2025, 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 Independence Gold Corp current assets vs equity 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)
2025 0 days CA$0.00 CA$2.76K/day CA$- CA$0.00 ▼ -7 days
2024 7 days CA$24.86K CA$3.79K/day CA$- CA$24.86K ▼ -58 days
2023 64 days CA$97.99K CA$1.52K/day CA$- CA$21.98K ▲ +28 days
2022 36 days CA$32.32K CA$900.31/day CA$- CA$12.30K ▼ -139 days
2021 175 days CA$133.14K CA$761.44/day CA$- CA$57.81K ▼ -36 days
2020 210 days CA$229.68K CA$1.09K/day CA$- CA$132.45K ▼ -31 days
2019 241 days CA$178.36K CA$739.01/day CA$- CA$124.44K ▼ -530 days
2018 771 days CA$400.50K CA$519.13/day CA$- CA$384.99K ▼ -1173 days
2017 1944 days CA$1.65 Million CA$847.56/day CA$- CA$1.30 Million ▼ -3215 days
2016 5159 days CA$3.44 Million CA$666.69/day CA$- CA$3.13 Million ▼ -9820 days
2015 14979 days CA$4.23 Million CA$282.37/day CA$- CA$4.14 Million ▼ -44554 days
2014 59533 days CA$5.63 Million CA$94.53/day CA$- CA$5.60 Million ▲ +15512 days
2013 44021 days CA$3.91 Million CA$88.82/day CA$- CA$3.87 Million ▲ +42202 days
2012 1819 days CA$7.35 Million CA$4.04K/day CA$- CA$7.15 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)