Smooth Rock Ventures Corp (SMRV) — 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 Smooth Rock Ventures Corp current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Smooth Rock Ventures Corp Defensive Interval Ratio (2017–2022)
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. See Smooth Rock Ventures Corp (SMRV) net asset quality to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Smooth Rock Ventures Corp (2017–2022)
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 live market cap and the full company financial profile, see Smooth Rock Ventures Corp (SMRV) market capitalisation.
| 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$- | — |