Leviathan Gold Ltd (LVX) — Defensive Interval Ratio

Latest as of September 2023: 151 days

Leviathan Gold Ltd (LVX) has a Defensive Interval Ratio of 151 days as of September 2023. Defensive assets of CA$39.50K (cash CA$-, short-term investments CA$-, receivables CA$39.50K) cover 151 days of daily cash needs of CA$261.11/day. See Leviathan Gold Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

151 days
Days of operational coverage

Defensive Assets

CA$39.50K
Cash + ST Investments + Receivables

Daily Cash Need

CA$261.11
Current Liabilities ÷ 365

Current Liabilities

CA$95.31K
CAD

Leviathan Gold Ltd Defensive Interval Ratio (2021–2023)

This chart shows how Leviathan Gold Ltd's Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of September 2023, the ratio stands at 151 days, meaning defensive assets of CA$39.50K can fund 151 days of operations without new revenue. See LVX net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Leviathan Gold Ltd (2021–2023)

The table below presents the year-by-year Defensive Interval Ratio for Leviathan Gold Ltd from 2021 to 2023, covering 3 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 Leviathan Gold Ltd (LVX) total market value.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 64 days CA$32.52K CA$505.45/day CA$- CA$- ▼ -169 days
2022 233 days CA$79.55K CA$341.35/day CA$- CA$- ▲ +72 days
2021 161 days CA$195.23K CA$1.22K/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)