E Tech Resources Inc Defensive Interval Ratio
E Tech Resources Inc 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 E Tech Resources Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of E Tech Resources Inc (2021–2023)
Defensive interval ratio of E Tech Resources Inc from 2021 to 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. Read E Tech Resources Inc balance sheet liabilities for a breakdown of total debt and financial obligations.
E Tech Resources Inc Defensive Interval Ratio by Year (2021–2023)
E Tech Resources Inc defensive interval ratio by year from 2021 to 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 the complete balance sheet picture, see total assets of E Tech Resources Inc.
| 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$- | — |