Pelangio Exploration Inc (PX) — Defensive Interval Ratio

Latest as of September 2025: 237 days

Pelangio Exploration Inc (PX) has a Defensive Interval Ratio of 237 days as of September 2025. Defensive assets of CA$352.84K (cash CA$-, short-term investments CA$340.47K, receivables CA$12.37K) cover 237 days of daily cash needs of CA$1.49K/day. Check how tangible is Pelangio Exploration Inc's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

237 days
Days of operational coverage

Defensive Assets

CA$352.84K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.49K
Current Liabilities ÷ 365

Current Liabilities

CA$543.51K
CAD

Pelangio Exploration Inc Defensive Interval Ratio (2007–2024)

This chart shows how Pelangio Exploration Inc's Defensive Interval Ratio has evolved across 15 annual periods from 2007 to 2024. As of September 2025, the ratio stands at 237 days, meaning defensive assets of CA$352.84K can fund 237 days of operations without new revenue. Also explore PX year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Pelangio Exploration Inc (2007–2024)

The table below presents the year-by-year Defensive Interval Ratio for Pelangio Exploration Inc from 2007 to 2024, covering 15 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 Pelangio Exploration Inc (PX) market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 73 days CA$185.12K CA$2.52K/day CA$- CA$185.12K ▼ -7 days
2023 80 days CA$247.54K CA$3.10K/day CA$- CA$239.54K ▼ -165 days
2022 245 days CA$407.31K CA$1.66K/day CA$- CA$326.31K ▲ +30 days
2021 214 days CA$411.75K CA$1.92K/day CA$- CA$362.55K ▲ +30 days
2020 185 days CA$393.01K CA$2.13K/day CA$- CA$376.73K ▲ +63 days
2019 122 days CA$191.17K CA$1.57K/day CA$- CA$153.92K ▲ +48 days
2018 73 days CA$136.31K CA$1.86K/day CA$- CA$123.67K ▲ +63 days
2014 10 days CA$13.31K CA$1.30K/day CA$- CA$- ▼ -13 days
2013 23 days CA$24.72K CA$1.07K/day CA$- CA$- ▼ -32 days
2012 55 days CA$35.51K CA$647.21/day CA$- CA$- ▲ +28 days
2011 27 days CA$106.41K CA$4.00K/day CA$- CA$- ▼ -76 days
2010 103 days CA$62.82K CA$611.92/day CA$- CA$- ▼ -2287 days
2009 2390 days CA$1.83 Million CA$764.28/day CA$- CA$1.79 Million ▲ +340 days
2008 2049 days CA$2.85 Million CA$1.39K/day CA$- CA$2.42 Million ▼ -18291 days
2007 20340 days CA$12.38 Million CA$608.46/day CA$- CA$12.36 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)