Ridgestone Mining Inc (RMI) — Defensive Interval Ratio
Ridgestone Mining Inc (RMI) has a Defensive Interval Ratio of 3 days as of June 2023. Defensive assets of CA$5.91K (cash CA$-, short-term investments CA$-, receivables CA$5.91K) cover 3 days of daily cash needs of CA$2.24K/day. Check Ridgestone Mining Inc 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
Ridgestone Mining Inc Defensive Interval Ratio (2017–2021)
This chart shows how Ridgestone Mining Inc's Defensive Interval Ratio has evolved across 5 annual periods from 2017 to 2021. As of June 2023, the ratio stands at 3 days, meaning defensive assets of CA$5.91K can fund 3 days of operations without new revenue. Also explore RMI year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Ridgestone Mining Inc (2017–2021)
The table below presents the year-by-year Defensive Interval Ratio for Ridgestone Mining Inc from 2017 to 2021, covering 5 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 RMI company net worth.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2021 | 82 days | CA$54.56K | CA$667.42/day | CA$- | CA$- | ▲ +64 days |
| 2020 | 17 days | CA$34.15K | CA$1.97K/day | CA$- | CA$- | ▼ -36 days |
| 2019 | 53 days | CA$21.68K | CA$405.68/day | CA$- | CA$- | ▼ -27 days |
| 2018 | 81 days | CA$14.90K | CA$184.86/day | CA$- | CA$- | ▲ +53 days |
| 2017 | 28 days | CA$1.23K | CA$44.07/day | CA$- | CA$- | — |