Outback Goldfields Corp (OZ) — Defensive Interval Ratio

Latest as of December 2022: 164 days

Outback Goldfields Corp (OZ) has a Defensive Interval Ratio of 164 days as of December 2022. Defensive assets of CA$13.41K (cash CA$-, short-term investments CA$-, receivables CA$13.41K) cover 164 days of daily cash needs of CA$81.58/day. Check OZ tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

164 days
Days of operational coverage

Defensive Assets

CA$13.41K
Cash + ST Investments + Receivables

Daily Cash Need

CA$81.58
Current Liabilities ÷ 365

Current Liabilities

CA$29.78K
CAD

Outback Goldfields Corp Defensive Interval Ratio (2018–2022)

This chart shows how Outback Goldfields Corp's Defensive Interval Ratio has evolved across 5 annual periods from 2018 to 2022. As of December 2022, the ratio stands at 164 days, meaning defensive assets of CA$13.41K can fund 164 days of operations without new revenue. Also explore OZ net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Outback Goldfields Corp (2018–2022)

The table below presents the year-by-year Defensive Interval Ratio for Outback Goldfields Corp from 2018 to 2022, 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 Outback Goldfields Corp (OZ) total market value.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 137 days CA$27.36K CA$200.10/day CA$- CA$- ▼ -16 days
2021 152 days CA$169.59K CA$1.11K/day CA$- CA$- ▲ +118 days
2020 34 days CA$3.76K CA$110.34/day CA$- CA$- ▲ +29 days
2019 5 days CA$795.00 CA$154.33/day CA$- CA$- ▲ +3 days
2018 3 days CA$375.00 CA$145.48/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)