Sterling Metals Corp (SAG) — Defensive Interval Ratio
Sterling Metals Corp (SAG) has a Defensive Interval Ratio of 141 days as of March 2023. Defensive assets of CA$98.37K (cash CA$-, short-term investments CA$-, receivables CA$98.37K) cover 141 days of daily cash needs of CA$695.58/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Sterling Metals Corp Defensive Interval Ratio (2016–2022)
This chart shows how Sterling Metals Corp's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2022. As of March 2023, the ratio stands at 141 days, meaning defensive assets of CA$98.37K can fund 141 days of operations without new revenue. For the complete balance sheet picture, see Sterling Metals Corp (SAG) total assets.
Annual Defensive Interval Ratio for Sterling Metals Corp (2016–2022)
The table below presents the year-by-year Defensive Interval Ratio for Sterling Metals Corp from 2016 to 2022, covering 7 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See SAG working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 151 days | CA$141.44K | CA$937.14/day | CA$- | CA$- | ▼ -366 days |
| 2021 | 516 days | CA$386.02K | CA$747.48/day | CA$- | CA$- | ▲ +298 days |
| 2020 | 219 days | CA$110.31K | CA$504.72/day | CA$- | CA$- | ▲ +215 days |
| 2019 | 4 days | CA$11.18K | CA$2.89K/day | CA$- | CA$- | ▲ +1 days |
| 2018 | 2 days | CA$6.78K | CA$2.77K/day | CA$- | CA$0.00 | ▼ -6 days |
| 2017 | 8 days | CA$41.53K | CA$5.16K/day | CA$- | CA$15.00K | ▼ -2 days |
| 2016 | 10 days | CA$28.72K | CA$2.75K/day | CA$- | CA$15.00K | — |