Kingman Minerals Ltd Defensive Interval Ratio
Kingman Minerals Ltd 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 Kingman Minerals Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Kingman Minerals Ltd (2016–2022)
Defensive interval ratio of Kingman Minerals Ltd from 2016 to 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. Read KGS total liabilities for a breakdown of total debt and financial obligations.
Kingman Minerals Ltd Defensive Interval Ratio by Year (2016–2022)
Kingman Minerals Ltd defensive interval ratio by year from 2016 to 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 the complete balance sheet picture, see KGS current and non-current assets.
| 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$- | — |