PetroFrontier Corp Defensive Interval Ratio
PetroFrontier Corp defensive interval ratio. PetroFrontier Corp (PFC) has a Defensive Interval Ratio of 51 days as of September 2024. Defensive assets of CA$2.47 Million (cash CA$-, short-term investments CA$-, receivables CA$2.47 Million) cover 51 days of daily cash needs of CA$47.94K/day. See working capital position of PetroFrontier Corp 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 PetroFrontier Corp (2013–2023)
Defensive interval ratio of PetroFrontier Corp from 2013 to 2023. This chart shows how PetroFrontier Corp's Defensive Interval Ratio has evolved across 11 annual periods from 2013 to 2023. As of September 2024, the ratio stands at 51 days, meaning defensive assets of CA$2.47 Million can fund 51 days of operations without new revenue. Check PetroFrontier Corp liquidity resilience to evaluate the company's liquid asset resilience ratio.
PetroFrontier Corp Defensive Interval Ratio by Year (2013–2023)
PetroFrontier Corp defensive interval ratio by year from 2013 to 2023. The table below presents the year-by-year Defensive Interval Ratio for PetroFrontier Corp from 2013 to 2023, covering 11 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 PetroFrontier Corp asset portfolio.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 114 days | CA$1.93 Million | CA$16.88K/day | CA$- | CA$- | ▲ +92 days |
| 2022 | 22 days | CA$753.93K | CA$34.42K/day | CA$- | CA$- | ▲ +5 days |
| 2021 | 17 days | CA$455.69K | CA$26.86K/day | CA$- | CA$- | ▼ -58 days |
| 2020 | 75 days | CA$524.88K | CA$6.96K/day | CA$- | CA$- | ▲ +54 days |
| 2019 | 22 days | CA$352.75K | CA$16.28K/day | CA$- | CA$- | ▲ +19 days |
| 2018 | 3 days | CA$46.42K | CA$15.95K/day | CA$- | CA$- | ▼ -53 days |
| 2017 | 55 days | CA$748.16K | CA$13.49K/day | CA$- | CA$- | ▼ -97 days |
| 2016 | 153 days | CA$851.97K | CA$5.58K/day | CA$- | CA$- | ▼ -127 days |
| 2015 | 279 days | CA$48.63K | CA$174.00/day | CA$- | CA$- | ▲ +154 days |
| 2014 | 125 days | CA$140.36K | CA$1.12K/day | CA$- | CA$- | ▼ -241 days |
| 2013 | 367 days | CA$1.66 Million | CA$4.53K/day | CA$- | CA$64.72K | — |