Nevada King Gold Corp (NKG) — Defensive Interval Ratio

Latest as of March 2026: 27 days

Nevada King Gold Corp (NKG) has a Defensive Interval Ratio of 27 days as of March 2026. Defensive assets of CA$19.88K (cash CA$-, short-term investments CA$-, receivables CA$19.88K) cover 27 days of daily cash needs of CA$723.86/day. See Nevada King Gold Corp working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

27 days
Days of operational coverage

Defensive Assets

CA$19.88K
Cash + ST Investments + Receivables

Daily Cash Need

CA$723.86
Current Liabilities ÷ 365

Current Liabilities

CA$264.21K
CAD

Nevada King Gold Corp Defensive Interval Ratio (2019–2026)

This chart shows how Nevada King Gold Corp's Defensive Interval Ratio has evolved across 8 annual periods from 2019 to 2026. As of March 2026, the ratio stands at 27 days, meaning defensive assets of CA$19.88K can fund 27 days of operations without new revenue. See Nevada King Gold Corp (NKG) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Nevada King Gold Corp (2019–2026)

The table below presents the year-by-year Defensive Interval Ratio for Nevada King Gold Corp from 2019 to 2026, covering 8 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 NKG stock market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2026 27 days CA$19.88K CA$723.86/day CA$- CA$- ▲ +12 days
2025 16 days CA$27.15K CA$1.74K/day CA$- CA$- ▼ -2 days
2024 17 days CA$35.69K CA$2.07K/day CA$- CA$- ▲ +4 days
2023 13 days CA$44.66K CA$3.49K/day CA$- CA$- ▼ -10 days
2022 23 days CA$16.23K CA$700.18/day CA$- CA$- ▼ -141 days
2021 164 days CA$70.36K CA$428.58/day CA$- CA$- ▲ +129 days
2020 35 days CA$11.97K CA$342.18/day CA$- CA$0.00 ▼ -1995 days
2019 2030 days CA$3.02 Million CA$1.49K/day CA$- CA$3.00 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)