Newcore Gold Ltd (NCAU) — Defensive Interval Ratio
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.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. For the complete balance sheet picture, see Newcore Gold Ltd (NCAU) total assets.
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. See Newcore Gold Ltd (NCAU) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| 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 | — |