Smooth Rock Ventures Corp Defensive Interval Ratio
Smooth Rock Ventures Corp defensive interval ratio. Smooth Rock Ventures Corp (SMRV) has a Defensive Interval Ratio of 1 days as of June 2023. Defensive assets of CA$1.54K (cash CA$-, short-term investments CA$-, receivables CA$1.54K) cover 1 days of daily cash needs of CA$2.12K/day. See working capital position of Smooth Rock Ventures Corp 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 Smooth Rock Ventures Corp (2017–2022)
Defensive interval ratio of Smooth Rock Ventures Corp from 2017 to 2022. This chart shows how Smooth Rock Ventures Corp's Defensive Interval Ratio has evolved across 6 annual periods from 2017 to 2022. As of June 2023, the ratio stands at 1 days, meaning defensive assets of CA$1.54K can fund 1 days of operations without new revenue. Read total liabilities of Smooth Rock Ventures Corp for a breakdown of total debt and financial obligations.
Smooth Rock Ventures Corp Defensive Interval Ratio by Year (2017–2022)
Smooth Rock Ventures Corp defensive interval ratio by year from 2017 to 2022. The table below presents the year-by-year Defensive Interval Ratio for Smooth Rock Ventures Corp from 2017 to 2022, covering 6 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 Smooth Rock Ventures Corp assets under control.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 4 days | CA$7.33K | CA$1.70K/day | CA$- | CA$- | ▼ -1 days |
| 2021 | 5 days | CA$5.55K | CA$1.03K/day | CA$- | CA$- | ▼ -8 days |
| 2020 | 13 days | CA$5.43K | CA$412.59/day | CA$- | CA$- | ▼ -83 days |
| 2019 | 96 days | CA$20.88K | CA$217.84/day | CA$- | CA$- | ▲ +61 days |
| 2018 | 35 days | CA$3.29K | CA$93.57/day | CA$- | CA$- | ▲ +16 days |
| 2017 | 19 days | CA$6.30K | CA$329.77/day | CA$- | CA$- | — |