Q-Gold Resources Ltd Defensive Interval Ratio
Q-Gold Resources Ltd defensive interval ratio. Q-Gold Resources Ltd (QGR) has a Defensive Interval Ratio of 35 days as of June 2023. Defensive assets of CA$175.12K (cash CA$-, short-term investments CA$-, receivables CA$175.12K) cover 35 days of daily cash needs of CA$4.94K/day. See QGR net working capital ratio 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 Q-Gold Resources Ltd (2013–2021)
Defensive interval ratio of Q-Gold Resources Ltd from 2013 to 2021. This chart shows how Q-Gold Resources Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2013 to 2021. As of June 2023, the ratio stands at 35 days, meaning defensive assets of CA$175.12K can fund 35 days of operations without new revenue. Read Q-Gold Resources Ltd (QGR) total liabilities for a breakdown of total debt and financial obligations.
Q-Gold Resources Ltd Defensive Interval Ratio by Year (2013–2021)
Q-Gold Resources Ltd defensive interval ratio by year from 2013 to 2021. The table below presents the year-by-year Defensive Interval Ratio for Q-Gold Resources Ltd from 2013 to 2021, covering 9 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 balance sheet size of Q-Gold Resources Ltd.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2021 | 523 days | CA$1.32 Million | CA$2.53K/day | CA$- | CA$- | ▼ -383 days |
| 2020 | 906 days | CA$1.37 Million | CA$1.51K/day | CA$- | CA$- | ▲ +842 days |
| 2019 | 64 days | CA$30.32K | CA$470.79/day | CA$- | CA$- | ▼ -105 days |
| 2018 | 170 days | CA$35.78K | CA$210.84/day | CA$- | CA$- | ▲ +163 days |
| 2017 | 6 days | CA$1.91K | CA$302.86/day | CA$- | CA$- | ▲ +4 days |
| 2016 | 2 days | CA$2.68K | CA$1.48K/day | CA$- | CA$- | ▼ -1 days |
| 2015 | 3 days | CA$3.12K | CA$1.10K/day | CA$- | CA$- | ▼ -1 days |
| 2014 | 4 days | CA$5.46K | CA$1.55K/day | CA$- | CA$- | ▲ +0 days |
| 2013 | 3 days | CA$5.99K | CA$1.87K/day | CA$- | CA$- | — |