E Tech Resources Inc (REE) — Defensive Interval Ratio
E Tech Resources Inc (REE) has a Defensive Interval Ratio of 5 days as of April 2024. Defensive assets of CA$8.12K (cash CA$-, short-term investments CA$-, receivables CA$8.12K) cover 5 days of daily cash needs of CA$1.60K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
E Tech Resources Inc Defensive Interval Ratio (2021–2023)
This chart shows how E Tech Resources Inc's Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of April 2024, the ratio stands at 5 days, meaning defensive assets of CA$8.12K can fund 5 days of operations without new revenue. For the complete balance sheet picture, see E Tech Resources Inc (REE) total assets.
Annual Defensive Interval Ratio for E Tech Resources Inc (2021–2023)
The table below presents the year-by-year Defensive Interval Ratio for E Tech Resources Inc from 2021 to 2023, covering 3 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 how liquid is E Tech Resources Inc's working capital 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) |
|---|---|---|---|---|---|---|
| 2023 | 182 days | CA$182.58K | CA$1.00K/day | CA$- | CA$- | ▼ -142 days |
| 2022 | 324 days | CA$355.44K | CA$1.10K/day | CA$- | CA$- | ▲ +324 days |
| 2021 | 0 days | CA$0.00 | CA$2.98K/day | CA$- | CA$- | — |