Strategic Resources Inc (SR) — Defensive Interval Ratio

Latest as of September 2023: 14 days

Strategic Resources Inc (SR) has a Defensive Interval Ratio of 14 days as of September 2023. Defensive assets of CA$524.00K (cash CA$-, short-term investments CA$-, receivables CA$524.00K) cover 14 days of daily cash needs of CA$36.68K/day. Check tangible equity quality of Strategic Resources Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

14 days
Days of operational coverage

Defensive Assets

CA$524.00K
Cash + ST Investments + Receivables

Daily Cash Need

CA$36.68K
Current Liabilities ÷ 365

Current Liabilities

CA$13.39 Million
CAD

Strategic Resources Inc Defensive Interval Ratio (2015–2022)

This chart shows how Strategic Resources Inc's Defensive Interval Ratio has evolved across 7 annual periods from 2015 to 2022. As of September 2023, the ratio stands at 14 days, meaning defensive assets of CA$524.00K can fund 14 days of operations without new revenue. Also explore Strategic Resources Inc net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Strategic Resources Inc (2015–2022)

The table below presents the year-by-year Defensive Interval Ratio for Strategic Resources Inc from 2015 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. For live market cap and the full company financial profile, see market value of Strategic Resources Inc.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 10 days CA$350.00K CA$35.53K/day CA$- CA$- ▼ -1 days
2021 10 days CA$335.00K CA$32.19K/day CA$- CA$- ▼ -129 days
2019 140 days CA$21.14K CA$151.47/day CA$- CA$- ▲ +133 days
2018 7 days CA$509.00 CA$76.51/day CA$- CA$- ▼ -112 days
2017 119 days CA$5.65K CA$47.56/day CA$- CA$- ▲ +41 days
2016 77 days CA$9.91K CA$128.17/day CA$- CA$- ▲ +64 days
2015 13 days CA$6.34K CA$481.65/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)