Norden Crown Metals Corp (NOCR) — Defensive Interval Ratio

Latest as of December 2024: 12 days

Norden Crown Metals Corp (NOCR) has a Defensive Interval Ratio of 12 days as of December 2024. Defensive assets of CA$29.82K (cash CA$-, short-term investments CA$-, receivables CA$29.82K) cover 12 days of daily cash needs of CA$2.54K/day. See how liquid is Norden Crown Metals Corp's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

12 days
Days of operational coverage

Defensive Assets

CA$29.82K
Cash + ST Investments + Receivables

Daily Cash Need

CA$2.54K
Current Liabilities ÷ 365

Current Liabilities

CA$926.15K
CAD

Norden Crown Metals Corp Defensive Interval Ratio (2016–2024)

This chart shows how Norden Crown Metals Corp's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of December 2024, the ratio stands at 12 days, meaning defensive assets of CA$29.82K can fund 12 days of operations without new revenue. See Norden Crown Metals Corp balance sheet quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Norden Crown Metals Corp (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Norden Crown Metals Corp from 2016 to 2024, covering 9 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 Norden Crown Metals Corp (NOCR) total market value.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 12 days CA$29.82K CA$2.54K/day CA$- CA$- ▲ +10 days
2023 2 days CA$8.00K CA$4.77K/day CA$- CA$- ▲ +0 days
2022 1 days CA$5.08K CA$4.14K/day CA$- CA$- ▼ -20 days
2021 21 days CA$40.74K CA$1.96K/day CA$- CA$- ▲ +19 days
2020 1 days CA$4.35K CA$3.36K/day CA$- CA$- ▼ -10 days
2019 11 days CA$39.03K CA$3.54K/day CA$- CA$- ▼ -112 days
2018 123 days CA$112.32K CA$913.58/day CA$- CA$- ▲ +82 days
2017 40 days CA$76.21K CA$1.88K/day CA$- CA$- ▲ +23 days
2016 18 days CA$8.93K CA$497.40/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)