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. See REE net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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. See E Tech Resources Inc balance sheet quality to measure how much of total assets are equity-financed.
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. For live market cap and the full company financial profile, see E Tech Resources Inc market capitalisation.
| 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$- | — |