Rover Metals Corp (ROVR) — Defensive Interval Ratio

Latest as of September 2023: 7 days

Rover Metals Corp (ROVR) has a Defensive Interval Ratio of 7 days as of September 2023. Defensive assets of CA$5.13K (cash CA$-, short-term investments CA$-, receivables CA$5.13K) cover 7 days of daily cash needs of CA$708.88/day. See ROVR working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

7 days
Days of operational coverage

Defensive Assets

CA$5.13K
Cash + ST Investments + Receivables

Daily Cash Need

CA$708.88
Current Liabilities ÷ 365

Current Liabilities

CA$258.74K
CAD

Rover Metals Corp Defensive Interval Ratio (2012–2022)

This chart shows how Rover Metals Corp's Defensive Interval Ratio has evolved across 9 annual periods from 2012 to 2022. As of September 2023, the ratio stands at 7 days, meaning defensive assets of CA$5.13K can fund 7 days of operations without new revenue. See ROVR net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Rover Metals Corp (2012–2022)

The table below presents the year-by-year Defensive Interval Ratio for Rover Metals Corp from 2012 to 2022, covering 9 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 ROVR market cap overview.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 24 days CA$19.16K CA$797.65/day CA$- CA$- ▲ +3 days
2021 21 days CA$37.91K CA$1.83K/day CA$- CA$- ▲ +7 days
2020 14 days CA$16.96K CA$1.23K/day CA$- CA$- ▲ +8 days
2019 5 days CA$3.61K CA$681.07/day CA$- CA$- ▼ -80 days
2018 85 days CA$49.46K CA$581.74/day CA$- CA$- ▼ -1470 days
2017 1555 days CA$34.54K CA$22.21/day CA$- CA$- ▲ +842 days
2016 713 days CA$3.49K CA$4.89/day CA$- CA$- ▲ +674 days
2013 39 days CA$4.99K CA$126.64/day CA$- CA$- ▲ +27 days
2012 13 days CA$1.03K CA$80.87/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)