Jaxon Mining Inc (JAX) — Defensive Interval Ratio

Latest as of October 2023: 0 days

Jaxon Mining Inc (JAX) has a Defensive Interval Ratio of 0 days as of October 2023. Defensive assets of CA$1.39K (cash CA$-, short-term investments CA$-, receivables CA$1.39K) cover 0 days of daily cash needs of CA$2.98K/day.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

CA$1.39K
Cash + ST Investments + Receivables

Daily Cash Need

CA$2.98K
Current Liabilities ÷ 365

Current Liabilities

CA$1.09 Million
CAD

Jaxon Mining Inc Defensive Interval Ratio (2014–2023)

This chart shows how Jaxon Mining Inc's Defensive Interval Ratio has evolved across 10 annual periods from 2014 to 2023. As of October 2023, the ratio stands at 0 days, meaning defensive assets of CA$1.39K can fund 0 days of operations without new revenue. For the complete balance sheet picture, see Jaxon Mining Inc total assets.

Annual Defensive Interval Ratio for Jaxon Mining Inc (2014–2023)

The table below presents the year-by-year Defensive Interval Ratio for Jaxon Mining Inc from 2014 to 2023, 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. See JAX current assets to equity ratio 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 203 days CA$813.74K CA$4.00K/day CA$- CA$- ▲ +197 days
2022 7 days CA$14.96K CA$2.29K/day CA$- CA$- ▼ -20 days
2021 26 days CA$18.73K CA$712.41/day CA$- CA$- ▼ -2 days
2020 28 days CA$39.81K CA$1.42K/day CA$- CA$0.00 ▼ -400 days
2019 428 days CA$680.25K CA$1.59K/day CA$- CA$445.76K ▼ -900 days
2018 1327 days CA$2.00 Million CA$1.51K/day CA$- CA$1.87 Million ▲ +1308 days
2017 19 days CA$6.23K CA$319.93/day CA$- CA$- ▲ +14 days
2016 5 days CA$3.89K CA$743.88/day CA$- CA$- ▼ -114 days
2015 120 days CA$37.60K CA$314.52/day CA$- CA$37.60K ▲ +94 days
2014 25 days CA$5.14K CA$201.91/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)