PetroFrontier Corp (PFC) — Defensive Interval Ratio

Latest as of September 2024: 51 days

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 PetroFrontier Corp (PFC) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

51 days
Days of operational coverage

Defensive Assets

CA$2.47 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$47.94K
Current Liabilities ÷ 365

Current Liabilities

CA$17.50 Million
CAD

PetroFrontier Corp Defensive Interval Ratio (2013–2023)

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. See PetroFrontier Corp (PFC) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for PetroFrontier Corp (2013–2023)

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 live market cap and the full company financial profile, see PFC stock market capitalisation.

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 —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)