Newcore Gold Ltd (NCAU) — Defensive Interval Ratio

Latest as of December 2024: 0 days

Newcore Gold Ltd (NCAU) has a Defensive Interval Ratio of 0 days as of December 2024. Defensive assets of CA$0.00 (cash CA$-, short-term investments CA$0.00, receivables CA$-) cover 0 days of daily cash needs of CA$5.08K/day. Check Newcore Gold Ltd (NCAU) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

CA$0.00
Cash + ST Investments + Receivables

Daily Cash Need

CA$5.08K
Current Liabilities ÷ 365

Current Liabilities

CA$1.85 Million
CAD

Newcore Gold Ltd Defensive Interval Ratio (2016–2024)

This chart shows how Newcore Gold Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of December 2024, the ratio stands at 0 days, meaning defensive assets of CA$0.00 can fund 0 days of operations without new revenue. Also explore NCAU net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Newcore Gold Ltd (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Newcore Gold Ltd from 2016 to 2024, covering 9 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 NCAU company net worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 0 days CA$0.00 CA$5.08K/day CA$- CA$0.00 ▲ +0 days
2023 0 days CA$0.00 CA$466.42/day CA$- CA$0.00 ▼ -2878 days
2022 2878 days CA$3.00 Million CA$1.04K/day CA$- CA$3.00 Million ▲ +1421 days
2021 1457 days CA$4.80 Million CA$3.29K/day CA$- CA$4.75 Million ▼ -1516 days
2020 2973 days CA$11.98 Million CA$4.03K/day CA$- CA$11.94 Million ▲ +2420 days
2019 553 days CA$433.35K CA$784.23/day CA$- CA$432.00K ▼ -3656 days
2018 4209 days CA$724.09K CA$172.04/day CA$- CA$721.44K ▼ -2690 days
2017 6899 days CA$1.04 Million CA$151.32/day CA$- CA$1.04 Million ▼ -484 days
2016 7384 days CA$1.11 Million CA$150.13/day CA$- CA$1.11 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)