Power Nickel Inc (PNPN) — Defensive Interval Ratio
Power Nickel Inc (PNPN) has a Defensive Interval Ratio of 118 days as of September 2024. Defensive assets of CA$1.26 Million (cash CA$-, short-term investments CA$-, receivables CA$1.26 Million) cover 118 days of daily cash needs of CA$10.66K/day. Check tangible equity quality of Power Nickel Inc to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Power Nickel Inc Defensive Interval Ratio (2017–2023)
This chart shows how Power Nickel Inc's Defensive Interval Ratio has evolved across 7 annual periods from 2017 to 2023. As of September 2024, the ratio stands at 118 days, meaning defensive assets of CA$1.26 Million can fund 118 days of operations without new revenue. Also explore Power Nickel Inc equity growth rate to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Power Nickel Inc (2017–2023)
The table below presents the year-by-year Defensive Interval Ratio for Power Nickel Inc from 2017 to 2023, covering 7 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 Power Nickel Inc market cap and net worth.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 71 days | CA$1.21 Million | CA$17.05K/day | CA$- | CA$- | ▲ +35 days |
| 2022 | 36 days | CA$268.88K | CA$7.45K/day | CA$- | CA$- | ▲ +18 days |
| 2021 | 18 days | CA$102.69K | CA$5.58K/day | CA$- | CA$- | ▼ -22 days |
| 2020 | 41 days | CA$194.30K | CA$4.80K/day | CA$- | CA$- | ▲ +40 days |
| 2019 | 0 days | CA$2.89K | CA$7.38K/day | CA$- | CA$- | ▼ -5 days |
| 2018 | 5 days | CA$24.98K | CA$4.55K/day | CA$- | CA$0.00 | ▼ -9 days |
| 2017 | 14 days | CA$54.19K | CA$3.79K/day | CA$- | CA$33.67K | — |