Northern Shield Resources Inc. (NRN) — Defensive Interval Ratio

Latest as of September 2025: 75 days

Northern Shield Resources Inc. (NRN) has a Defensive Interval Ratio of 75 days as of September 2025. Defensive assets of CA$109.03K (cash CA$-, short-term investments CA$-, receivables CA$109.03K) cover 75 days of daily cash needs of CA$1.46K/day. Check Northern Shield Resources Inc. (NRN) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

75 days
Days of operational coverage

Defensive Assets

CA$109.03K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.46K
Current Liabilities ÷ 365

Current Liabilities

CA$533.75K
CAD

Northern Shield Resources Inc. Defensive Interval Ratio (2002–2024)

This chart shows how Northern Shield Resources Inc.'s Defensive Interval Ratio has evolved across 23 annual periods from 2002 to 2024. As of September 2025, the ratio stands at 75 days, meaning defensive assets of CA$109.03K can fund 75 days of operations without new revenue. Also explore Northern Shield Resources Inc. net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Northern Shield Resources Inc. (2002–2024)

The table below presents the year-by-year Defensive Interval Ratio for Northern Shield Resources Inc. from 2002 to 2024, covering 23 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 Northern Shield Resources Inc. market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (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)