Lake Winn Resources Corp (LWR) — Defensive Interval Ratio

Latest as of September 2020: 11 days

Lake Winn Resources Corp (LWR) has a Defensive Interval Ratio of 11 days as of September 2020. Defensive assets of CA$19.44K (cash CA$-, short-term investments CA$-, receivables CA$19.44K) cover 11 days of daily cash needs of CA$1.70K/day. Check LWR tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

11 days
Days of operational coverage

Defensive Assets

CA$19.44K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.70K
Current Liabilities ÷ 365

Current Liabilities

CA$619.94K
CAD

Lake Winn Resources Corp Defensive Interval Ratio (2016–2019)

This chart shows how Lake Winn Resources Corp's Defensive Interval Ratio has evolved across 4 annual periods from 2016 to 2019. As of September 2020, the ratio stands at 11 days, meaning defensive assets of CA$19.44K can fund 11 days of operations without new revenue. Also explore Lake Winn Resources Corp annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Lake Winn Resources Corp (2016–2019)

The table below presents the year-by-year Defensive Interval Ratio for Lake Winn Resources Corp from 2016 to 2019, covering 4 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 LWR stock market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2019 5 days CA$5.57K CA$1.07K/day CA$- CA$- ▲ +1 days
2018 4 days CA$3.66K CA$897.56/day CA$- CA$- ▼ -68 days
2017 72 days CA$42.48K CA$587.24/day CA$- CA$0.00 ▼ -2695 days
2016 2768 days CA$2.21 Million CA$798.79/day CA$- CA$2.20 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)