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. Check Leviathan Gold Ltd tangible net worth ratio to evaluate the tangible quality of 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. Also explore net asset momentum of Leviathan Gold Ltd to track the company's year-over-year net asset growth rate.

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 market capitalisation.

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)