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. Check RECO tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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. Also explore Reconnaissance Energy Africa Ltd (RECO) net asset momentum to track the company's year-over-year net asset growth rate.
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. For live market cap and the full company financial profile, see Reconnaissance Energy Africa Ltd (RECO) total market value.
| 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$- | — |