Indigo Exploration Inc. (IXI) — Defensive Interval Ratio

Latest as of June 2023: 25 days

Indigo Exploration Inc. (IXI) has a Defensive Interval Ratio of 25 days as of June 2023. Defensive assets of CA$8.20K (cash CA$-, short-term investments CA$-, receivables CA$8.20K) cover 25 days of daily cash needs of CA$324.57/day. See IXI current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

25 days
Days of operational coverage

Defensive Assets

CA$8.20K
Cash + ST Investments + Receivables

Daily Cash Need

CA$324.57
Current Liabilities ÷ 365

Current Liabilities

CA$118.47K
CAD

Indigo Exploration Inc. Defensive Interval Ratio (2013–2022)

This chart shows how Indigo Exploration Inc.'s Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2022. As of June 2023, the ratio stands at 25 days, meaning defensive assets of CA$8.20K can fund 25 days of operations without new revenue. See Indigo Exploration Inc. balance sheet quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Indigo Exploration Inc. (2013–2022)

The table below presents the year-by-year Defensive Interval Ratio for Indigo Exploration Inc. from 2013 to 2022, covering 10 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 IXI market cap overview.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 1 days CA$711.00 CA$957.32/day CA$- CA$- ▼ -2 days
2021 3 days CA$1.07K CA$363.59/day CA$- CA$- ▼ -4 days
2020 7 days CA$1.33K CA$198.89/day CA$- CA$- ▲ +6 days
2019 1 days CA$658.00 CA$812.55/day CA$- CA$- ▼ -1 days
2018 1 days CA$700.00 CA$468.09/day CA$- CA$- ▼ -2 days
2017 3 days CA$1.33K CA$407.10/day CA$- CA$- ▲ +0 days
2016 3 days CA$967.00 CA$333.45/day CA$- CA$- ▲ +1 days
2015 2 days CA$611.00 CA$301.51/day CA$- CA$- ▼ -10 days
2014 12 days CA$2.10K CA$174.83/day CA$- CA$- ▼ -22 days
2013 34 days CA$3.79K CA$109.96/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)