Kingsmen Resources Ltd (KNG) — Defensive Interval Ratio

Latest as of June 2023: 99 days

Kingsmen Resources Ltd (KNG) has a Defensive Interval Ratio of 99 days as of June 2023. Defensive assets of CA$7.30K (cash CA$-, short-term investments CA$-, receivables CA$7.30K) cover 99 days of daily cash needs of CA$73.98/day. Check KNG goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

99 days
Days of operational coverage

Defensive Assets

CA$7.30K
Cash + ST Investments + Receivables

Daily Cash Need

CA$73.98
Current Liabilities ÷ 365

Current Liabilities

CA$27.00K
CAD

Kingsmen Resources Ltd Defensive Interval Ratio (2005–2022)

This chart shows how Kingsmen Resources Ltd's Defensive Interval Ratio has evolved across 13 annual periods from 2005 to 2022. As of June 2023, the ratio stands at 99 days, meaning defensive assets of CA$7.30K can fund 99 days of operations without new revenue. Also explore Kingsmen Resources Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Kingsmen Resources Ltd (2005–2022)

The table below presents the year-by-year Defensive Interval Ratio for Kingsmen Resources Ltd from 2005 to 2022, covering 13 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 how much is Kingsmen Resources Ltd worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 0 days CA$0.00 CA$137.65/day CA$- CA$- ▼ -143 days
2021 143 days CA$3.03K CA$21.20/day CA$- CA$- ▲ +89 days
2020 54 days CA$2.06K CA$38.04/day CA$- CA$- ▼ -165 days
2019 220 days CA$5.37K CA$24.44/day CA$- CA$- ▲ +174 days
2018 46 days CA$2.78K CA$60.86/day CA$- CA$- ▲ +23 days
2017 23 days CA$558.00 CA$24.25/day CA$- CA$- ▲ +2 days
2016 21 days CA$1.09K CA$52.48/day CA$- CA$- ▼ -11 days
2015 32 days CA$1.86K CA$58.08/day CA$- CA$- ▼ -16 days
2014 48 days CA$1.98K CA$41.40/day CA$- CA$- ▼ -309 days
2013 357 days CA$24.32K CA$68.19/day CA$- CA$- ▲ +139 days
2007 218 days CA$146.76K CA$672.92/day CA$- CA$- ▼ -36 days
2006 254 days CA$71.22K CA$280.63/day CA$- CA$- ▼ -564 days
2005 818 days CA$89.91K CA$109.94/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)