Palamina Corp (PA) — Defensive Interval Ratio

Latest as of March 2024: 1548 days

Palamina Corp (PA) has a Defensive Interval Ratio of 1548 days as of March 2024. Defensive assets of CA$2.05 Million (cash CA$-, short-term investments CA$2.01 Million, receivables CA$37.06K) cover 1548 days of daily cash needs of CA$1.32K/day. See Palamina Corp (PA) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

1548 days
Days of operational coverage

Defensive Assets

CA$2.05 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.32K
Current Liabilities ÷ 365

Current Liabilities

CA$482.54K
CAD

Palamina Corp Defensive Interval Ratio (2015–2023)

This chart shows how Palamina Corp's Defensive Interval Ratio has evolved across 9 annual periods from 2015 to 2023. As of March 2024, the ratio stands at 1548 days, meaning defensive assets of CA$2.05 Million can fund 1548 days of operations without new revenue. See Palamina Corp (PA) net asset quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Palamina Corp (2015–2023)

The table below presents the year-by-year Defensive Interval Ratio for Palamina Corp from 2015 to 2023, covering 9 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 Palamina Corp stock valuation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 5 days CA$9.69K CA$2.10K/day CA$- CA$- ▼ -3 days
2022 8 days CA$9.56K CA$1.21K/day CA$- CA$- ▼ -35 days
2021 43 days CA$60.80K CA$1.43K/day CA$- CA$- ▲ +36 days
2020 7 days CA$8.09K CA$1.16K/day CA$- CA$- ▼ -11 days
2019 18 days CA$27.90K CA$1.52K/day CA$- CA$- ▲ +15 days
2018 3 days CA$4.46K CA$1.33K/day CA$- CA$- ▼ -415 days
2017 418 days CA$305.94K CA$731.85/day CA$- CA$296.81K ▲ +384 days
2016 34 days CA$12.67K CA$377.50/day CA$- CA$- ▼ -4339 days
2015 4372 days CA$1.59 Million CA$363.89/day CA$- CA$1.56 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)