Orestone Mining Corp (ORS) — Defensive Interval Ratio

Latest as of April 2024: 2 days

Orestone Mining Corp (ORS) has a Defensive Interval Ratio of 2 days as of April 2024. Defensive assets of CA$1.24K (cash CA$-, short-term investments CA$-, receivables CA$1.24K) cover 2 days of daily cash needs of CA$516.74/day. Check ORS intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

CA$1.24K
Cash + ST Investments + Receivables

Daily Cash Need

CA$516.74
Current Liabilities ÷ 365

Current Liabilities

CA$188.61K
CAD

Orestone Mining Corp Defensive Interval Ratio (2008–2024)

This chart shows how Orestone Mining Corp's Defensive Interval Ratio has evolved across 16 annual periods from 2008 to 2024. As of April 2024, the ratio stands at 2 days, meaning defensive assets of CA$1.24K can fund 2 days of operations without new revenue. Also explore Orestone Mining Corp net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Orestone Mining Corp (2008–2024)

The table below presents the year-by-year Defensive Interval Ratio for Orestone Mining Corp from 2008 to 2024, covering 16 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 Orestone Mining Corp market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 3 days CA$1.20K CA$451.47/day CA$- CA$- ▼ -7 days
2023 9 days CA$2.16K CA$232.11/day CA$- CA$0.00 ▼ -4 days
2022 14 days CA$10.17K CA$742.23/day CA$- CA$20.00 ▼ -11 days
2021 25 days CA$16.62K CA$673.72/day CA$- CA$37.00 ▼ -211 days
2020 235 days CA$38.41K CA$163.19/day CA$- CA$47.00 ▲ +234 days
2019 1 days CA$1.11K CA$906.51/day CA$- CA$33.00 ▼ -3 days
2018 4 days CA$1.15K CA$290.52/day CA$- CA$93.00 ▼ -152 days
2017 156 days CA$33.61K CA$215.56/day CA$- CA$144.00 ▼ -854 days
2016 1010 days CA$144.67K CA$143.30/day CA$- CA$102.00K ▲ +679 days
2015 330 days CA$69.23K CA$209.60/day CA$- CA$3.69K ▼ -441 days
2014 771 days CA$116.82K CA$151.48/day CA$- CA$- ▼ -314 days
2013 1085 days CA$979.11K CA$902.05/day CA$- CA$662.50K ▲ +865 days
2012 220 days CA$288.24K CA$1.31K/day CA$- CA$- ▲ +79 days
2011 141 days CA$159.58K CA$1.13K/day CA$- CA$- ▼ -6017 days
2009 6158 days CA$1.00 Million CA$162.43/day CA$- CA$840.00K ▲ +5627 days
2008 531 days CA$320.80K CA$604.60/day CA$- CA$290.00K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)