Rathdowney Resources Ltd (RTH) — Defensive Interval Ratio

Latest as of June 2023: 2 days

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. Check RTH intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

CA$83.30K
Cash + ST Investments + Receivables

Daily Cash Need

CA$37.73K
Current Liabilities ÷ 365

Current Liabilities

CA$13.77 Million
CAD

Rathdowney Resources Ltd Defensive Interval Ratio (2013–2021)

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. Also explore RTH year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Rathdowney Resources Ltd (2013–2021)

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 live market cap and the full company financial profile, see RTH market cap.

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 —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)