Northern Shield Resources Inc. Defensive Interval Ratio

Latest as of June 2026: 69 days

Northern Shield Resources Inc. defensive interval ratio. Northern Shield Resources Inc. (NRN) has a Defensive Interval Ratio of 69 days as of June 2026. Defensive assets of CA$86.00K (cash CA$-, short-term investments CA$-, receivables CA$86.00K) cover 69 days of daily cash needs of CA$1.24K/day. See NRN net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

69 days
Days of operational coverage

Defensive Assets

CA$86.00K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.24K
Current Liabilities ÷ 365

Current Liabilities

CA$453.58K
CAD

Defensive Interval Ratio of Northern Shield Resources Inc. (2002–2025)

Defensive interval ratio of Northern Shield Resources Inc. from 2002 to 2025. This chart shows how Northern Shield Resources Inc.'s Defensive Interval Ratio has evolved across 24 annual periods from 2002 to 2025. As of June 2026, the ratio stands at 69 days, meaning defensive assets of CA$86.00K can fund 69 days of operations without new revenue. Read Northern Shield Resources Inc. balance sheet liabilities for a breakdown of total debt and financial obligations.

Northern Shield Resources Inc. Defensive Interval Ratio by Year (2002–2025)

Northern Shield Resources Inc. defensive interval ratio by year from 2002 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Northern Shield Resources Inc. from 2002 to 2025, covering 24 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 Northern Shield Resources Inc. asset portfolio.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 36 days CA$50.27K CA$1.40K/day CA$- CA$- ▲ +10 days
2024 25 days CA$46.82K CA$1.84K/day CA$- CA$- ▼ -11 days
2023 36 days CA$81.25K CA$2.24K/day CA$- CA$- ▲ +25 days
2022 12 days CA$17.92K CA$1.54K/day CA$- CA$- ▼ -163 days
2021 174 days CA$159.40K CA$915.11/day CA$- CA$- ▲ +72 days
2020 102 days CA$135.50K CA$1.33K/day CA$- CA$- ▲ +46 days
2019 57 days CA$61.28K CA$1.08K/day CA$- CA$- ▼ -394 days
2018 450 days CA$252.41K CA$560.43/day CA$- CA$- ▲ +83 days
2017 368 days CA$141.90K CA$385.85/day CA$- CA$- ▲ +148 days
2016 220 days CA$233.67K CA$1.06K/day CA$- CA$- ▲ +157 days
2015 62 days CA$49.43K CA$791.97/day CA$- CA$- ▼ -78 days
2014 141 days CA$126.07K CA$896.73/day CA$- CA$- ▼ -3 days
2013 144 days CA$318.95K CA$2.22K/day CA$- CA$- ▼ -19 days
2012 163 days CA$234.19K CA$1.44K/day CA$- CA$- ▼ -20 days
2011 183 days CA$434.22K CA$2.38K/day CA$- CA$- ▼ -52 days
2010 235 days CA$185.29K CA$789.10/day CA$- CA$- ▲ +129 days
2009 106 days CA$54.70K CA$514.64/day CA$- CA$- ▼ -82 days
2008 188 days CA$190.32K CA$1.01K/day CA$- CA$- ▼ -370 days
2007 557 days CA$296.31K CA$531.58/day CA$- CA$- ▲ +376 days
2006 182 days CA$72.99K CA$401.85/day CA$- CA$- ▼ -86 days
2005 267 days CA$103.47K CA$386.88/day CA$- CA$- ▲ +1 days
2004 267 days CA$125.02K CA$468.91/day CA$- CA$- ▲ +166 days
2003 100 days CA$53.95K CA$538.78/day CA$- CA$- ▼ -1479 days
2002 1579 days CA$17.10K CA$10.83/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)