QcX Gold Corp Defensive Interval Ratio
QcX Gold Corp defensive interval ratio. QcX Gold Corp (QCX) has a Defensive Interval Ratio of 16 days as of June 2023. Defensive assets of CA$8.58K (cash CA$-, short-term investments CA$-, receivables CA$8.58K) cover 16 days of daily cash needs of CA$531.91/day. See working capital to net assets of QcX Gold Corp to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of QcX Gold Corp (2016–2021)
Defensive interval ratio of QcX Gold Corp from 2016 to 2021. This chart shows how QcX Gold Corp's Defensive Interval Ratio has evolved across 6 annual periods from 2016 to 2021. As of June 2023, the ratio stands at 16 days, meaning defensive assets of CA$8.58K can fund 16 days of operations without new revenue. Read debt load of QcX Gold Corp for a breakdown of total debt and financial obligations.
QcX Gold Corp Defensive Interval Ratio by Year (2016–2021)
QcX Gold Corp defensive interval ratio by year from 2016 to 2021. The table below presents the year-by-year Defensive Interval Ratio for QcX Gold Corp from 2016 to 2021, 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 the complete balance sheet picture, see QcX Gold Corp total assets.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2021 | 401 days | CA$213.29K | CA$531.99/day | CA$- | CA$- | ▲ +351 days |
| 2020 | 49 days | CA$50.89K | CA$1.03K/day | CA$- | CA$- | ▲ +35 days |
| 2019 | 14 days | CA$38.44K | CA$2.72K/day | CA$- | CA$- | ▲ +9 days |
| 2018 | 5 days | CA$24.80K | CA$4.92K/day | CA$- | CA$- | ▲ +3 days |
| 2017 | 3 days | CA$8.56K | CA$3.37K/day | CA$- | CA$- | ▼ -22 days |
| 2016 | 25 days | CA$55.40K | CA$2.24K/day | CA$- | CA$- | — |