NeXGold Mining Corp (NEXG) — Defensive Interval Ratio

Latest as of December 2025: 831 days

NeXGold Mining Corp (NEXG) has a Defensive Interval Ratio of 831 days as of December 2025. Defensive assets of CA$21.44 Million (cash CA$-, short-term investments CA$21.44 Million, receivables CA$-) cover 831 days of daily cash needs of CA$25.81K/day. Check NEXG intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

831 days
Days of operational coverage

Defensive Assets

CA$21.44 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$25.81K
Current Liabilities ÷ 365

Current Liabilities

CA$9.42 Million
CAD

NeXGold Mining Corp Defensive Interval Ratio (2020–2025)

This chart shows how NeXGold Mining Corp's Defensive Interval Ratio has evolved across 6 annual periods from 2020 to 2025. As of December 2025, the ratio stands at 831 days, meaning defensive assets of CA$21.44 Million can fund 831 days of operations without new revenue. Also explore net asset growth rate of NeXGold Mining Corp to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for NeXGold Mining Corp (2020–2025)

The table below presents the year-by-year Defensive Interval Ratio for NeXGold Mining Corp from 2020 to 2025, covering 6 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 NeXGold Mining Corp market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 831 days CA$21.44 Million CA$25.81K/day CA$- CA$21.44 Million ▲ +593 days
2024 237 days CA$3.92 Million CA$16.52K/day CA$- CA$3.92 Million ▲ +215 days
2023 23 days CA$665.91K CA$29.09K/day CA$- CA$665.91K ▼ -2 days
2022 25 days CA$664.43K CA$26.99K/day CA$- CA$664.43K ▼ -39 days
2021 63 days CA$693.83K CA$10.95K/day CA$- CA$693.83K ▼ -13 days
2020 77 days CA$1.02 Million CA$13.36K/day CA$- CA$1.02 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)