RE Royalties Ltd (RE) — Defensive Interval Ratio
RE Royalties Ltd (RE) has a Defensive Interval Ratio of 14483 days as of September 2023. Defensive assets of CA$17.19 Million (cash CA$-, short-term investments CA$-, receivables CA$17.19 Million) cover 14483 days of daily cash needs of CA$1.19K/day. Check RE Royalties Ltd (RE) tangible net worth to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
RE Royalties Ltd Defensive Interval Ratio (2016–2022)
This chart shows how RE Royalties Ltd's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2022. As of September 2023, the ratio stands at 14483 days, meaning defensive assets of CA$17.19 Million can fund 14483 days of operations without new revenue. Also explore net asset momentum of RE Royalties Ltd to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for RE Royalties Ltd (2016–2022)
The table below presents the year-by-year Defensive Interval Ratio for RE Royalties Ltd from 2016 to 2022, covering 7 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 RE company net worth.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 105 days | CA$750.20K | CA$7.12K/day | CA$- | CA$- | ▼ -1683 days |
| 2021 | 1789 days | CA$985.29K | CA$550.78/day | CA$- | CA$- | ▼ -29477 days |
| 2020 | 31266 days | CA$7.58 Million | CA$242.56/day | CA$- | CA$- | ▲ +27246 days |
| 2019 | 4020 days | CA$6.02 Million | CA$1.50K/day | CA$- | CA$- | ▲ +3500 days |
| 2018 | 519 days | CA$722.68K | CA$1.39K/day | CA$- | CA$- | ▲ +472 days |
| 2017 | 47 days | CA$326.26K | CA$6.89K/day | CA$- | CA$- | ▼ -22 days |
| 2016 | 69 days | CA$83.69K | CA$1.21K/day | CA$- | CA$- | — |