Rathdowney Resources Ltd Defensive Interval Ratio
Rathdowney Resources Ltd defensive interval ratio. Rathdowney Resources Ltd (RTH) has a Defensive Interval Ratio of 2 days as of June 2023. Defensive assets of CA$83.30K (cash CA$-, short-term investments CA$-, receivables CA$83.30K) cover 2 days of daily cash needs of CA$37.73K/day. See RTH 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
Defensive Interval Ratio of Rathdowney Resources Ltd (2013–2021)
Defensive interval ratio of Rathdowney Resources Ltd from 2013 to 2021. This chart shows how Rathdowney Resources Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2013 to 2021. As of June 2023, the ratio stands at 2 days, meaning defensive assets of CA$83.30K can fund 2 days of operations without new revenue. Check RTH asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Rathdowney Resources Ltd Defensive Interval Ratio by Year (2013–2021)
Rathdowney Resources Ltd defensive interval ratio by year from 2013 to 2021. The table below presents the year-by-year Defensive Interval Ratio for Rathdowney Resources Ltd from 2013 to 2021, 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 the complete balance sheet picture, see RTH total asset value.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2021 | 2 days | CA$70.16K | CA$29.86K/day | CA$- | CA$- | ▲ +1 days |
| 2020 | 2 days | CA$35.80K | CA$23.55K/day | CA$- | CA$- | ▼ 0 days |
| 2019 | 2 days | CA$35.71K | CA$20.29K/day | CA$- | CA$- | ▼ -6 days |
| 2018 | 8 days | CA$123.80K | CA$15.30K/day | CA$- | CA$2.01K | ▼ -10 days |
| 2017 | 18 days | CA$161.38K | CA$8.77K/day | CA$- | CA$928.00 | ▲ +8 days |
| 2016 | 11 days | CA$108.07K | CA$10.25K/day | CA$- | CA$1.11K | ▼ -9 days |
| 2015 | 20 days | CA$72.34K | CA$3.66K/day | CA$- | CA$7.47K | ▼ -76 days |
| 2014 | 96 days | CA$158.27K | CA$1.65K/day | CA$- | CA$41.60K | ▼ -125 days |
| 2013 | 221 days | CA$171.10K | CA$775.69/day | CA$- | CA$24.92K | — |