NeXGold Mining Corp (NEXG) — Defensive Interval Ratio
NeXGold Mining Corp (NEXG) has a Defensive Interval Ratio of 36 days as of June 2026. Defensive assets of CA$1.50 Million (cash CA$-, short-term investments CA$1.50 Million, receivables CA$-) cover 36 days of daily cash needs of CA$42.05K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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 June 2026, the ratio stands at 36 days, meaning defensive assets of CA$1.50 Million can fund 36 days of operations without new revenue. For the complete balance sheet picture, see total assets of NeXGold Mining Corp.
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. See NEXG 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) |
|---|---|---|---|---|---|---|
| 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 | — |