Norden Crown Metals Corp Defensive Interval Ratio
Norden Crown Metals Corp defensive interval ratio. 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
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Norden Crown Metals Corp (2016–2024)
Defensive interval ratio of Norden Crown Metals Corp from 2016 to 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. Read NOCR liabilities breakdown for a breakdown of total debt and financial obligations.
Norden Crown Metals Corp Defensive Interval Ratio by Year (2016–2024)
Norden Crown Metals Corp defensive interval ratio by year from 2016 to 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 the complete balance sheet picture, see balance sheet size of Norden Crown Metals Corp.
| 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$- | — |