Labrador Gold Corp (LAB) — Defensive Interval Ratio
Labrador Gold Corp (LAB) has a Defensive Interval Ratio of 122 days as of June 2025. Defensive assets of CA$81.23K (cash CA$-, short-term investments CA$0.00, receivables CA$81.23K) cover 122 days of daily cash needs of CA$664.51/day. See LAB working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Labrador Gold Corp Defensive Interval Ratio (2016–2024)
This chart shows how Labrador Gold Corp's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 122 days, meaning defensive assets of CA$81.23K can fund 122 days of operations without new revenue. See LAB net asset quality score to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Labrador Gold Corp (2016–2024)
The table below presents the year-by-year Defensive Interval Ratio for Labrador Gold Corp from 2016 to 2024, covering 9 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 Labrador Gold Corp (LAB) total market value.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 47595 days | CA$18.28 Million | CA$383.98/day | CA$- | CA$18.16 Million | ▲ +47419 days |
| 2023 | 176 days | CA$482.31K | CA$2.74K/day | CA$- | CA$0.00 | ▼ -44 days |
| 2022 | 220 days | CA$559.64K | CA$2.54K/day | CA$- | CA$- | ▲ +118 days |
| 2021 | 103 days | CA$456.08K | CA$4.44K/day | CA$- | CA$- | ▼ -8 days |
| 2020 | 111 days | CA$73.08K | CA$659.76/day | CA$- | CA$- | ▲ +12 days |
| 2019 | 99 days | CA$53.77K | CA$543.22/day | CA$- | CA$- | ▼ -243 days |
| 2018 | 342 days | CA$274.18K | CA$802.08/day | CA$- | CA$- | ▲ +176 days |
| 2017 | 166 days | CA$11.86K | CA$71.57/day | CA$- | CA$- | ▲ +140 days |
| 2016 | 26 days | CA$3.53K | CA$136.16/day | CA$- | CA$- | — |