Providence Gold Mines (PHD) — Defensive Interval Ratio

Latest as of December 2023: 0 days

Providence Gold Mines (PHD) has a Defensive Interval Ratio of 0 days as of December 2023. Defensive assets of CA$0.00 (cash CA$-, short-term investments CA$-, receivables CA$0.00) cover 0 days of daily cash needs of CA$269.53/day. See PHD working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

CA$0.00
Cash + ST Investments + Receivables

Daily Cash Need

CA$269.53
Current Liabilities ÷ 365

Current Liabilities

CA$98.38K
CAD

Providence Gold Mines Defensive Interval Ratio (2013–2023)

This chart shows how Providence Gold Mines's Defensive Interval Ratio has evolved across 11 annual periods from 2013 to 2023. As of December 2023, the ratio stands at 0 days, meaning defensive assets of CA$0.00 can fund 0 days of operations without new revenue. See PHD net asset quality score to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Providence Gold Mines (2013–2023)

The table below presents the year-by-year Defensive Interval Ratio for Providence Gold Mines 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 PHD market cap overview.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 0 days CA$0.00 CA$269.53/day CA$- CA$- ▼ -23 days
2022 23 days CA$4.80K CA$212.91/day CA$- CA$- ▼ -5 days
2021 27 days CA$5.75K CA$211.01/day CA$- CA$- ▲ +5 days
2020 23 days CA$4.34K CA$192.20/day CA$- CA$- ▼ -24 days
2019 46 days CA$24.12K CA$519.63/day CA$- CA$- ▲ +40 days
2018 6 days CA$1.32K CA$207.83/day CA$- CA$- ▼ -17 days
2017 24 days CA$11.38K CA$483.55/day CA$- CA$- ▲ +18 days
2016 6 days CA$1.20K CA$200.34/day CA$- CA$- ▼ -44 days
2015 50 days CA$17.83K CA$354.90/day CA$- CA$- ▼ -368 days
2014 419 days CA$1.14 Million CA$2.72K/day CA$- CA$1.13 Million ▼ -10620 days
2013 11039 days CA$353.30K CA$32.01/day CA$- CA$351.66K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)