QcX Gold Corp (QCX) — 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. Check QCX goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
QcX Gold Corp Defensive Interval Ratio (2016–2021)
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. Also explore QCX year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for QcX Gold Corp (2016–2021)
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 live market cap and the full company financial profile, see QcX Gold Corp market capitalisation.
| 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$- | — |