New Destiny Mining Corp Defensive Interval Ratio
New Destiny Mining Corp defensive interval ratio. New Destiny Mining Corp (NED) has a Defensive Interval Ratio of 3 days as of March 2023. Defensive assets of CA$4.65K (cash CA$-, short-term investments CA$-, receivables CA$4.65K) cover 3 days of daily cash needs of CA$1.62K/day. See New Destiny Mining Corp (NED) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of New Destiny Mining Corp (2014–2022)
Defensive interval ratio of New Destiny Mining Corp from 2014 to 2022. This chart shows how New Destiny Mining Corp's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of March 2023, the ratio stands at 3 days, meaning defensive assets of CA$4.65K can fund 3 days of operations without new revenue. Read New Destiny Mining Corp (NED) total liabilities for a breakdown of total debt and financial obligations.
New Destiny Mining Corp Defensive Interval Ratio by Year (2014–2022)
New Destiny Mining Corp defensive interval ratio by year from 2014 to 2022. The table below presents the year-by-year Defensive Interval Ratio for New Destiny Mining Corp from 2014 to 2022, 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 the complete balance sheet picture, see New Destiny Mining Corp (NED) total assets.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 1 days | CA$1.10K | CA$1.60K/day | CA$- | CA$- | ▼ -1 days |
| 2021 | 2 days | CA$2.83K | CA$1.56K/day | CA$- | CA$- | ▲ +0 days |
| 2020 | 1 days | CA$2.00K | CA$1.48K/day | CA$- | CA$- | ▼ -1 days |
| 2019 | 2 days | CA$3.40K | CA$1.37K/day | CA$- | CA$- | ▼ -23 days |
| 2018 | 25 days | CA$13.55K | CA$536.08/day | CA$- | CA$- | ▲ +22 days |
| 2017 | 3 days | CA$1.30K | CA$409.92/day | CA$- | CA$- | ▲ +0 days |
| 2016 | 3 days | CA$1.48K | CA$550.62/day | CA$- | CA$- | ▼ -6 days |
| 2015 | 8 days | CA$2.18K | CA$265.90/day | CA$- | CA$- | ▼ -17 days |
| 2014 | 25 days | CA$6.68K | CA$264.98/day | CA$- | CA$- | — |