Quartz Mountain Resources Ltd (QZM) — Defensive Interval Ratio

Latest as of April 2024: 17 days

Quartz Mountain Resources Ltd (QZM) has a Defensive Interval Ratio of 17 days as of April 2024. Defensive assets of CA$4.22K (cash CA$-, short-term investments CA$-, receivables CA$4.22K) cover 17 days of daily cash needs of CA$248.69/day. See QZM working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

17 days
Days of operational coverage

Defensive Assets

CA$4.22K
Cash + ST Investments + Receivables

Daily Cash Need

CA$248.69
Current Liabilities ÷ 365

Current Liabilities

CA$90.77K
CAD

Quartz Mountain Resources Ltd Defensive Interval Ratio (2001–2023)

This chart shows how Quartz Mountain Resources Ltd's Defensive Interval Ratio has evolved across 23 annual periods from 2001 to 2023. As of April 2024, the ratio stands at 17 days, meaning defensive assets of CA$4.22K can fund 17 days of operations without new revenue. See Quartz Mountain Resources Ltd net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Quartz Mountain Resources Ltd (2001–2023)

The table below presents the year-by-year Defensive Interval Ratio for Quartz Mountain Resources Ltd from 2001 to 2023, covering 23 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 QZM stock market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 29 days CA$4.03K CA$138.41/day CA$- CA$- ▲ +7 days
2022 22 days CA$17.86K CA$820.64/day CA$- CA$- ▲ +9 days
2021 13 days CA$3.35K CA$256.73/day CA$- CA$- ▼ -9 days
2020 22 days CA$4.82K CA$219.20/day CA$- CA$- ▲ +22 days
2019 0 days CA$1.10K CA$8.43K/day CA$- CA$- ▼ 0 days
2018 0 days CA$1.34K CA$7.99K/day CA$- CA$- ▲ +0 days
2017 0 days CA$1.19K CA$9.04K/day CA$- CA$- ▼ -1 days
2016 1 days CA$6.77K CA$8.71K/day CA$- CA$- ▼ 0 days
2015 1 days CA$10.38K CA$8.29K/day CA$- CA$- ▲ +1 days
2014 0 days CA$4.83K CA$9.76K/day CA$- CA$- ▼ -19 days
2013 19 days CA$137.68K CA$7.10K/day CA$- CA$- ▼ -39 days
2012 58 days CA$292.84K CA$5.02K/day CA$- CA$- ▼ -119 days
2011 177 days CA$20.40K CA$115.33/day CA$- CA$- ▲ +20 days
2010 157 days CA$13.23K CA$84.12/day CA$- CA$- ▼ -56 days
2009 214 days CA$35.19K CA$164.69/day CA$- CA$- ▼ -163 days
2008 377 days CA$21.70K CA$57.62/day CA$- CA$- ▼ -595 days
2007 972 days CA$40.86K CA$42.04/day CA$- CA$- ▲ +777 days
2006 195 days CA$10.09K CA$51.65/day CA$- CA$- ▼ -281 days
2005 476 days CA$20.21K CA$42.42/day CA$- CA$- ▲ +360 days
2004 117 days CA$9.73K CA$83.29/day CA$- CA$- ▲ +5 days
2003 112 days CA$12.27K CA$109.81/day CA$- CA$- ▲ +81 days
2002 31 days CA$11.24K CA$361.02/day CA$- CA$- ▼ -4 days
2001 35 days CA$11.73K CA$336.19/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)