Palamina Corp Defensive Interval Ratio
Palamina Corp defensive interval ratio. 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 how liquid is Palamina Corp's working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Palamina Corp (2015–2023)
Defensive interval ratio of Palamina Corp from 2015 to 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. Check how resilient are Palamina Corp's assets to evaluate the company's liquid asset resilience ratio.
Palamina Corp Defensive Interval Ratio by Year (2015–2023)
Palamina Corp defensive interval ratio by year from 2015 to 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 the complete balance sheet picture, see PA current and non-current assets.
| 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 | — |