Olive Resource Capital Inc (OC) — Defensive Interval Ratio
Olive Resource Capital Inc (OC) has a Defensive Interval Ratio of 107 days as of June 2023. Defensive assets of CA$37.42K (cash CA$-, short-term investments CA$-, receivables CA$37.42K) cover 107 days of daily cash needs of CA$350.35/day. Check OC tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Olive Resource Capital Inc Defensive Interval Ratio (2017–2021)
This chart shows how Olive Resource Capital Inc's Defensive Interval Ratio has evolved across 5 annual periods from 2017 to 2021. As of June 2023, the ratio stands at 107 days, meaning defensive assets of CA$37.42K can fund 107 days of operations without new revenue. Also explore Olive Resource Capital Inc annual equity growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Olive Resource Capital Inc (2017–2021)
The table below presents the year-by-year Defensive Interval Ratio for Olive Resource Capital Inc from 2017 to 2021, covering 5 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 OC market cap.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2021 | 30 days | CA$55.02K | CA$1.86K/day | CA$- | CA$- | ▼ -125 days |
| 2020 | 154 days | CA$117.92K | CA$764.66/day | CA$- | CA$- | ▲ +49 days |
| 2019 | 106 days | CA$52.61K | CA$498.07/day | CA$- | CA$- | ▼ -41 days |
| 2018 | 147 days | CA$216.45K | CA$1.47K/day | CA$- | CA$- | ▼ -1820 days |
| 2017 | 1967 days | CA$360.68K | CA$183.34/day | CA$- | CA$- | — |