Northern Lion Gold Corp (NL) — Defensive Interval Ratio

Latest as of September 2025: 288 days

Northern Lion Gold Corp (NL) has a Defensive Interval Ratio of 288 days as of September 2025. Defensive assets of CA$584.90K (cash CA$-, short-term investments CA$575.00K, receivables CA$9.90K) cover 288 days of daily cash needs of CA$2.03K/day. Check NL tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

288 days
Days of operational coverage

Defensive Assets

CA$584.90K
Cash + ST Investments + Receivables

Daily Cash Need

CA$2.03K
Current Liabilities ÷ 365

Current Liabilities

CA$740.76K
CAD

Northern Lion Gold Corp Defensive Interval Ratio (2013–2024)

This chart shows how Northern Lion Gold Corp's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 288 days, meaning defensive assets of CA$584.90K can fund 288 days of operations without new revenue. Also explore Northern Lion Gold Corp (NL) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Northern Lion Gold Corp (2013–2024)

The table below presents the year-by-year Defensive Interval Ratio for Northern Lion Gold Corp from 2013 to 2024, covering 12 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 Northern Lion Gold Corp (NL) market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 296 days CA$621.96K CA$2.10K/day CA$- CA$600.00K ▼ -42 days
2023 338 days CA$669.72K CA$1.98K/day CA$- CA$650.00K ▲ +338 days
2022 0 days CA$624.00 CA$1.66K/day CA$- CA$0.00 ▼ -2 days
2021 3 days CA$4.31K CA$1.59K/day CA$- CA$- ▲ +3 days
2020 0 days CA$140.00 CA$1.09K/day CA$- CA$- ▼ -8 days
2019 8 days CA$5.77K CA$728.76/day CA$- CA$- ▼ -3 days
2018 11 days CA$4.82K CA$451.94/day CA$- CA$0.00 ▼ -198 days
2017 209 days CA$68.26K CA$326.89/day CA$- CA$65.88K ▲ +122 days
2016 87 days CA$47.60K CA$546.21/day CA$- CA$41.48K ▲ +49 days
2015 38 days CA$17.11K CA$449.26/day CA$- CA$9.76K ▲ +6 days
2014 33 days CA$9.32K CA$286.27/day CA$- CA$7.32K ▼ -113 days
2013 146 days CA$70.27K CA$482.55/day CA$- CA$58.56K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)