Plata Latina Minerals Corp Defensive Interval Ratio

Latest as of June 2023: 396 days

Plata Latina Minerals Corp defensive interval ratio. Plata Latina Minerals Corp (PLA) has a Defensive Interval Ratio of 396 days as of June 2023. Defensive assets of CA$12.54K (cash CA$-, short-term investments CA$-, receivables CA$12.54K) cover 396 days of daily cash needs of CA$31.66/day. See how liquid is Plata Latina Minerals Corp's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

396 days
Days of operational coverage

Defensive Assets

CA$12.54K
Cash + ST Investments + Receivables

Daily Cash Need

CA$31.66
Current Liabilities ÷ 365

Current Liabilities

CA$11.56K
CAD

Defensive Interval Ratio of Plata Latina Minerals Corp (2013–2022)

Defensive interval ratio of Plata Latina Minerals Corp from 2013 to 2022. This chart shows how Plata Latina Minerals Corp's Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2022. As of June 2023, the ratio stands at 396 days, meaning defensive assets of CA$12.54K can fund 396 days of operations without new revenue. Read Plata Latina Minerals Corp (PLA) total liabilities for a breakdown of total debt and financial obligations.

Plata Latina Minerals Corp Defensive Interval Ratio by Year (2013–2022)

Plata Latina Minerals Corp defensive interval ratio by year from 2013 to 2022. The table below presents the year-by-year Defensive Interval Ratio for Plata Latina Minerals Corp from 2013 to 2022, covering 10 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 PLA total asset value.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 92 days CA$5.05K CA$54.90/day CA$- CA$- ▲ +9 days
2021 83 days CA$4.21K CA$50.85/day CA$- CA$- ▼ -111 days
2020 194 days CA$12.34K CA$63.70/day CA$- CA$- ▲ +97 days
2019 97 days CA$23.50K CA$243.42/day CA$- CA$- ▲ +61 days
2018 36 days CA$16.05K CA$449.73/day CA$- CA$- ▲ +18 days
2017 18 days CA$33.85K CA$1.93K/day CA$- CA$- ▼ -94 days
2016 112 days CA$241.43K CA$2.16K/day CA$- CA$- ▼ -276 days
2015 388 days CA$885.83K CA$2.28K/day CA$- CA$- ▼ -1371 days
2014 1759 days CA$1.09 Million CA$618.81/day CA$- CA$- ▼ -3702 days
2013 5461 days CA$912.83K CA$167.17/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)