Nortec Minerals Corp (NVT) — Defensive Interval Ratio

Latest as of December 2024: 0 days

Nortec Minerals Corp (NVT) has a Defensive Interval Ratio of 0 days as of December 2024. 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$1.07K/day. Check Nortec Minerals Corp tangible net worth ratio 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$1.07K
Current Liabilities ÷ 365

Current Liabilities

CA$392.27K
CAD

Nortec Minerals Corp Defensive Interval Ratio (2013–2024)

This chart shows how Nortec Minerals Corp's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of December 2024, the ratio stands at 0 days, meaning defensive assets of CA$0.00 can fund 0 days of operations without new revenue. Also explore NVT net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Nortec Minerals Corp (2013–2024)

The table below presents the year-by-year Defensive Interval Ratio for Nortec Minerals Corp from 2013 to 2024, covering 12 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 how much is Nortec Minerals Corp worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 0 days CA$0.00 CA$1.07K/day CA$- CA$0.00 ▼ -155 days
2023 155 days CA$164.78K CA$1.06K/day CA$- CA$164.78K ▲ +56 days
2022 99 days CA$170.16K CA$1.72K/day CA$- CA$164.78K ▲ +98 days
2021 1 days CA$2.04K CA$1.74K/day CA$- CA$- ▼ -2 days
2020 3 days CA$6.75K CA$2.34K/day CA$- CA$- ▲ +1 days
2019 1 days CA$4.01K CA$2.89K/day CA$- CA$- ▼ -3 days
2018 5 days CA$4.59K CA$988.61/day CA$- CA$0.00 ▼ -1002 days
2017 1007 days CA$276.21K CA$274.37/day CA$- CA$252.36K ▲ +707 days
2016 299 days CA$241.49K CA$806.36/day CA$- CA$228.93K ▲ +288 days
2015 11 days CA$8.89K CA$774.88/day CA$- CA$- ▲ +4 days
2014 8 days CA$11.74K CA$1.51K/day CA$- CA$- ▼ -438 days
2013 446 days CA$270.25K CA$605.97/day CA$- CA$258.24K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)