Noram Lithium Corp (NRM) — Defensive Interval Ratio

Latest as of January 2025: 0 days

Noram Lithium Corp (NRM) has a Defensive Interval Ratio of 0 days as of January 2025. Defensive assets of CA$0.00 (cash CA$-, short-term investments CA$0.00, receivables CA$-) cover 0 days of daily cash needs of CA$1.12K/day. Check Noram Lithium Corp tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

CA$0.00
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.12K
Current Liabilities ÷ 365

Current Liabilities

CA$407.26K
CAD

Noram Lithium Corp Defensive Interval Ratio (2012–2025)

This chart shows how Noram Lithium Corp's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of January 2025, the ratio stands at 0 days, meaning defensive assets of CA$0.00 can fund 0 days of operations without new revenue. Also explore NRM shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Noram Lithium Corp (2012–2025)

The table below presents the year-by-year Defensive Interval Ratio for Noram Lithium Corp from 2012 to 2025, covering 14 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 Noram Lithium Corp market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 0 days CA$0.00 CA$1.12K/day CA$- CA$0.00 ▼ -2074 days
2024 2074 days CA$2.73 Million CA$1.32K/day CA$- CA$2.67 Million ▼ -4141 days
2023 6215 days CA$10.88 Million CA$1.75K/day CA$- CA$10.64 Million ▲ +4926 days
2022 1289 days CA$1.55 Million CA$1.20K/day CA$- CA$1.50 Million ▲ +430 days
2021 859 days CA$802.98K CA$934.33/day CA$- CA$750.00K ▲ +840 days
2020 20 days CA$13.27K CA$668.53/day CA$- CA$0.00 ▼ -3 days
2019 23 days CA$12.96K CA$571.64/day CA$- CA$- ▼ -338 days
2018 361 days CA$62.04K CA$171.81/day CA$- CA$- ▲ +322 days
2017 39 days CA$12.38K CA$313.98/day CA$- CA$- ▼ -510 days
2016 549 days CA$16.55K CA$30.12/day CA$- CA$- ▲ +538 days
2015 12 days CA$1.02K CA$86.85/day CA$- CA$- ▼ -14 days
2014 26 days CA$5.12K CA$196.43/day CA$- CA$- ▼ -438 days
2013 464 days CA$115.25K CA$248.25/day CA$- CA$- ▼ -16195 days
2012 16659 days CA$236.33K CA$14.19/day CA$- CA$200.63K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)