Phenom Resources Corp (PHNM) — Defensive Interval Ratio

Latest as of February 2023: 35 days

Phenom Resources Corp (PHNM) has a Defensive Interval Ratio of 35 days as of February 2023. Defensive assets of CA$26.37K (cash CA$-, short-term investments CA$-, receivables CA$26.37K) cover 35 days of daily cash needs of CA$753.78/day. Check PHNM tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

35 days
Days of operational coverage

Defensive Assets

CA$26.37K
Cash + ST Investments + Receivables

Daily Cash Need

CA$753.78
Current Liabilities ÷ 365

Current Liabilities

CA$275.13K
CAD

Phenom Resources Corp Defensive Interval Ratio (2017–2022)

This chart shows how Phenom Resources Corp's Defensive Interval Ratio has evolved across 6 annual periods from 2017 to 2022. As of February 2023, the ratio stands at 35 days, meaning defensive assets of CA$26.37K can fund 35 days of operations without new revenue. Also explore PHNM shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Phenom Resources Corp (2017–2022)

The table below presents the year-by-year Defensive Interval Ratio for Phenom Resources Corp from 2017 to 2022, covering 6 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 how much is Phenom Resources Corp worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 20 days CA$28.73K CA$1.43K/day CA$- CA$- ▲ +16 days
2021 4 days CA$13.83K CA$3.49K/day CA$- CA$- ▼ -7 days
2020 11 days CA$25.41K CA$2.22K/day CA$- CA$- ▲ +5 days
2019 6 days CA$7.14K CA$1.18K/day CA$- CA$- ▼ -10 days
2018 16 days CA$20.11K CA$1.23K/day CA$- CA$0.00 ▼ -6 days
2017 23 days CA$5.10K CA$222.99/day CA$- CA$1.53K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)