Lake Winn Resources Corp (LWR) — Defensive Interval Ratio
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. See working capital position of Lake Winn Resources Corp to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. See debt-free asset ratio of Lake Winn Resources Corp to measure how much of total assets are equity-financed.
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 Lake Winn Resources Corp 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 | — |