Kingman Minerals Ltd (KGS) — Defensive Interval Ratio
Kingman Minerals Ltd (KGS) has a Defensive Interval Ratio of 2 days as of June 2023. Defensive assets of CA$3.76K (cash CA$-, short-term investments CA$-, receivables CA$3.76K) cover 2 days of daily cash needs of CA$2.08K/day. See how liquid is Kingman Minerals Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Kingman Minerals Ltd Defensive Interval Ratio (2016–2022)
This chart shows how Kingman Minerals Ltd's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2022. As of June 2023, the ratio stands at 2 days, meaning defensive assets of CA$3.76K can fund 2 days of operations without new revenue. See Kingman Minerals Ltd balance sheet quality to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Kingman Minerals Ltd (2016–2022)
The table below presents the year-by-year Defensive Interval Ratio for Kingman Minerals Ltd from 2016 to 2022, covering 7 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 Kingman Minerals Ltd (KGS) total market value.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 9 days | CA$13.75K | CA$1.56K/day | CA$- | CA$- | ▼ -10 days |
| 2021 | 18 days | CA$7.90K | CA$428.28/day | CA$- | CA$- | ▲ +9 days |
| 2020 | 9 days | CA$8.75K | CA$976.06/day | CA$- | CA$- | ▲ +9 days |
| 2019 | 0 days | CA$32.00 | CA$1.15K/day | CA$- | CA$- | ▼ -16 days |
| 2018 | 16 days | CA$11.09K | CA$673.56/day | CA$- | CA$- | ▲ +10 days |
| 2017 | 6 days | CA$2.07K | CA$337.92/day | CA$- | CA$- | ▼ -68 days |
| 2016 | 74 days | CA$5.55K | CA$74.69/day | CA$- | CA$- | — |