Sandfire Resources America Inc (SFR) — Defensive Interval Ratio

Latest as of March 2019: 5 days

Sandfire Resources America Inc (SFR) has a Defensive Interval Ratio of 5 days as of March 2019. Defensive assets of CA$26.02K (cash CA$-, short-term investments CA$-, receivables CA$26.02K) cover 5 days of daily cash needs of CA$5.68K/day. Check SFR goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

5 days
Days of operational coverage

Defensive Assets

CA$26.02K
Cash + ST Investments + Receivables

Daily Cash Need

CA$5.68K
Current Liabilities ÷ 365

Current Liabilities

CA$2.07 Million
CAD

Sandfire Resources America Inc Defensive Interval Ratio (2001–2018)

This chart shows how Sandfire Resources America Inc's Defensive Interval Ratio has evolved across 18 annual periods from 2001 to 2018. As of March 2019, the ratio stands at 5 days, meaning defensive assets of CA$26.02K can fund 5 days of operations without new revenue. Also explore Sandfire Resources America Inc net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Sandfire Resources America Inc (2001–2018)

The table below presents the year-by-year Defensive Interval Ratio for Sandfire Resources America Inc from 2001 to 2018, covering 18 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 market value of Sandfire Resources America Inc.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2018 8 days CA$43.54K CA$5.47K/day CA$- CA$- ▼ -16 days
2017 24 days CA$29.66K CA$1.25K/day CA$- CA$- ▼ -11 days
2016 35 days CA$63.19K CA$1.82K/day CA$- CA$- ▲ +19 days
2015 16 days CA$48.22K CA$3.10K/day CA$- CA$- ▼ -2 days
2014 18 days CA$19.41K CA$1.11K/day CA$- CA$- ▼ -24 days
2013 42 days CA$36.93K CA$882.81/day CA$- CA$- ▼ -29 days
2012 71 days CA$149.85K CA$2.12K/day CA$- CA$- ▼ -4182 days
2011 4252 days CA$20.20 Million CA$4.75K/day CA$- CA$20.00 Million ▲ +4139 days
2010 114 days CA$98.01K CA$862.63/day CA$- CA$- ▼ 0 days
2009 114 days CA$39.68K CA$347.96/day CA$- CA$- ▼ -181 days
2008 295 days CA$114.27K CA$386.85/day CA$- CA$- ▲ +153 days
2007 143 days CA$39.86K CA$279.56/day CA$- CA$- ▲ +115 days
2006 28 days CA$12.25K CA$440.95/day CA$- CA$- ▲ +25 days
2005 3 days CA$4.13K CA$1.57K/day CA$- CA$- ▼ -8 days
2004 11 days CA$8.14K CA$772.09/day CA$- CA$- ▲ +7 days
2003 3 days CA$8.18K CA$2.67K/day CA$- CA$- ▼ -8 days
2002 11 days CA$16.45K CA$1.46K/day CA$- CA$- ▼ -29 days
2001 40 days CA$27.13K CA$677.66/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)