Northern Lion Gold Corp Defensive Interval Ratio

Latest as of March 2026: 269 days

Northern Lion Gold Corp defensive interval ratio. Northern Lion Gold Corp (NL) has a Defensive Interval Ratio of 269 days as of March 2026. Defensive assets of CA$578.75K (cash CA$-, short-term investments CA$560.00K, receivables CA$18.75K) cover 269 days of daily cash needs of CA$2.15K/day. See NL working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

269 days
Days of operational coverage

Defensive Assets

CA$578.75K
Cash + ST Investments + Receivables

Daily Cash Need

CA$2.15K
Current Liabilities ÷ 365

Current Liabilities

CA$785.91K
CAD

Defensive Interval Ratio of Northern Lion Gold Corp (2013–2025)

Defensive interval ratio of Northern Lion Gold Corp from 2013 to 2025. This chart shows how Northern Lion Gold Corp's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 269 days, meaning defensive assets of CA$578.75K can fund 269 days of operations without new revenue. Check financial resilience of Northern Lion Gold Corp to evaluate the company's liquid asset resilience ratio.

Northern Lion Gold Corp Defensive Interval Ratio by Year (2013–2025)

Northern Lion Gold Corp defensive interval ratio by year from 2013 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Northern Lion Gold Corp from 2013 to 2025, covering 13 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 NL current and non-current assets.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 277 days CA$589.35K CA$2.13K/day CA$- CA$575.00K ▼ -19 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)