Reconnaissance Energy Africa Ltd (RECO) — Defensive Interval Ratio
Reconnaissance Energy Africa Ltd (RECO) has a Defensive Interval Ratio of 0 days as of March 2024. Defensive assets of CA$0.00 (cash CA$-, short-term investments CA$-, receivables CA$0.00) cover 0 days of daily cash needs of CA$12.08K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Reconnaissance Energy Africa Ltd Defensive Interval Ratio (2018–2024)
This chart shows how Reconnaissance Energy Africa Ltd's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of March 2024, the ratio stands at 0 days, meaning defensive assets of CA$0.00 can fund 0 days of operations without new revenue. For the complete balance sheet picture, see Reconnaissance Energy Africa Ltd total assets.
Annual Defensive Interval Ratio for Reconnaissance Energy Africa Ltd (2018–2024)
The table below presents the year-by-year Defensive Interval Ratio for Reconnaissance Energy Africa Ltd from 2018 to 2024, 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. See Reconnaissance Energy Africa Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 0 days | CA$0.00 | CA$12.08K/day | CA$- | CA$- | ▼ -70 days |
| 2023 | 70 days | CA$17.68 Million | CA$254.09K/day | CA$- | CA$- | ▼ -6 days |
| 2022 | 75 days | CA$9.83 Million | CA$130.55K/day | CA$- | CA$- | ▲ +59 days |
| 2021 | 16 days | CA$85.42K | CA$5.29K/day | CA$- | CA$- | ▼ -13 days |
| 2020 | 29 days | CA$41.83K | CA$1.43K/day | CA$- | CA$- | ▲ +21 days |
| 2019 | 8 days | CA$7.04K | CA$888.61/day | CA$- | CA$- | ▲ +3 days |
| 2018 | 5 days | CA$1.51K | CA$319.03/day | CA$- | CA$- | — |