Lithium Energi Exploration Inc (LEXI) — Defensive Interval Ratio

Latest as of May 2024: 68 days

Lithium Energi Exploration Inc (LEXI) has a Defensive Interval Ratio of 68 days as of May 2024. Defensive assets of CA$115.48K (cash CA$-, short-term investments CA$-, receivables CA$115.48K) cover 68 days of daily cash needs of CA$1.69K/day. Check tangible net worth ratio of Lithium Energi Exploration Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

68 days
Days of operational coverage

Defensive Assets

CA$115.48K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.69K
Current Liabilities ÷ 365

Current Liabilities

CA$616.63K
CAD

Lithium Energi Exploration Inc Defensive Interval Ratio (2011–2024)

This chart shows how Lithium Energi Exploration Inc's Defensive Interval Ratio has evolved across 13 annual periods from 2011 to 2024. As of May 2024, the ratio stands at 68 days, meaning defensive assets of CA$115.48K can fund 68 days of operations without new revenue. Also explore Lithium Energi Exploration Inc net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Lithium Energi Exploration Inc (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Lithium Energi Exploration Inc from 2011 to 2024, 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 market value of Lithium Energi Exploration Inc.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 88 days CA$143.06K CA$1.63K/day CA$- CA$- ▲ +86 days
2023 2 days CA$77.13K CA$32.45K/day CA$- CA$- ▲ +2 days
2022 1 days CA$13.49K CA$26.46K/day CA$- CA$- ▲ +0 days
2021 0 days CA$1.49K CA$21.85K/day CA$- CA$- ▼ 0 days
2020 0 days CA$3.30K CA$19.42K/day CA$- CA$- ▼ -2 days
2019 2 days CA$30.20K CA$17.87K/day CA$- CA$- ▼ -3 days
2018 4 days CA$66.55K CA$15.53K/day CA$- CA$- ▼ -112 days
2016 116 days CA$10.91K CA$94.02/day CA$- CA$- ▼ -482 days
2015 598 days CA$27.96K CA$46.79/day CA$- CA$- ▲ +562 days
2014 35 days CA$3.59K CA$101.53/day CA$- CA$- ▼ -418 days
2013 454 days CA$43.90K CA$96.73/day CA$- CA$- ▼ -21 days
2012 475 days CA$41.45K CA$87.28/day CA$- CA$- ▲ +340 days
2011 135 days CA$1.65K CA$12.21/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)