Kalo Gold Corp (KALO) — Defensive Interval Ratio

Latest as of February 2023: 34 days

Kalo Gold Corp (KALO) has a Defensive Interval Ratio of 34 days as of February 2023. Defensive assets of CA$54.41K (cash CA$-, short-term investments CA$-, receivables CA$54.41K) cover 34 days of daily cash needs of CA$1.58K/day. Check Kalo Gold Corp (KALO) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

34 days
Days of operational coverage

Defensive Assets

CA$54.41K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.58K
Current Liabilities ÷ 365

Current Liabilities

CA$575.65K
CAD

Kalo Gold Corp Defensive Interval Ratio (2021–2022)

This chart shows how Kalo Gold Corp's Defensive Interval Ratio has evolved across 2 annual periods from 2021 to 2022. As of February 2023, the ratio stands at 34 days, meaning defensive assets of CA$54.41K can fund 34 days of operations without new revenue. Also explore Kalo Gold Corp (KALO) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Kalo Gold Corp (2021–2022)

The table below presents the year-by-year Defensive Interval Ratio for Kalo Gold Corp from 2021 to 2022, covering 2 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 KALO market cap.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 33 days CA$68.54K CA$2.06K/day CA$- CA$- ▼ -38 days
2021 71 days CA$35.08K CA$491.24/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)