Norrland Gold Corp (NORR) — Defensive Interval Ratio
Norrland Gold Corp (NORR) has a Defensive Interval Ratio of 207 days as of December 2024. Defensive assets of CA$15.76K (cash CA$-, short-term investments CA$-, receivables CA$15.76K) cover 207 days of daily cash needs of CA$76.29/day. See NORR working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Norrland Gold Corp Defensive Interval Ratio (2021–2024)
This chart shows how Norrland Gold Corp's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of December 2024, the ratio stands at 207 days, meaning defensive assets of CA$15.76K can fund 207 days of operations without new revenue. See Norrland Gold Corp net asset quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Norrland Gold Corp (2021–2024)
The table below presents the year-by-year Defensive Interval Ratio for Norrland Gold Corp from 2021 to 2024, covering 4 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 market cap of Norrland Gold Corp.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 7 days | CA$2.64K | CA$377.99/day | CA$- | CA$- | ▼ -45 days |
| 2023 | 52 days | CA$16.78K | CA$322.33/day | CA$- | CA$- | ▲ +17 days |
| 2022 | 36 days | CA$15.74K | CA$443.09/day | CA$- | CA$- | ▲ +36 days |
| 2021 | 0 days | CA$0.00 | CA$121.00/day | CA$- | CA$- | — |