Silver Spruce Resources Inc Defensive Interval Ratio
Silver Spruce Resources Inc defensive interval ratio. Silver Spruce Resources Inc (SSE) has a Defensive Interval Ratio of 19 days as of April 2024. Defensive assets of CA$21.30K (cash CA$-, short-term investments CA$-, receivables CA$21.30K) cover 19 days of daily cash needs of CA$1.10K/day. See SSE net working capital ratio 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 Silver Spruce Resources Inc (1998–2023)
Defensive interval ratio of Silver Spruce Resources Inc from 1998 to 2023. This chart shows how Silver Spruce Resources Inc's Defensive Interval Ratio has evolved across 26 annual periods from 1998 to 2023. As of April 2024, the ratio stands at 19 days, meaning defensive assets of CA$21.30K can fund 19 days of operations without new revenue. Check Silver Spruce Resources Inc (SSE) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Silver Spruce Resources Inc Defensive Interval Ratio by Year (1998–2023)
Silver Spruce Resources Inc defensive interval ratio by year from 1998 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Silver Spruce Resources Inc from 1998 to 2023, covering 26 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 SSE current and non-current assets.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 50 days | CA$29.52K | CA$584.80/day | CA$- | CA$- | ▼ -75 days |
| 2022 | 126 days | CA$121.42K | CA$966.89/day | CA$- | CA$- | ▼ -129 days |
| 2021 | 255 days | CA$202.23K | CA$794.11/day | CA$- | CA$- | ▼ -13 days |
| 2020 | 268 days | CA$61.79K | CA$230.69/day | CA$- | CA$- | ▲ +251 days |
| 2019 | 17 days | CA$31.19K | CA$1.84K/day | CA$- | CA$- | ▲ +14 days |
| 2018 | 2 days | CA$8.24K | CA$3.30K/day | CA$- | CA$- | ▼ -1 days |
| 2017 | 3 days | CA$8.85K | CA$2.66K/day | CA$- | CA$- | ▼ -2 days |
| 2016 | 6 days | CA$5.73K | CA$1.03K/day | CA$- | CA$- | ▲ +4 days |
| 2015 | 1 days | CA$5.21K | CA$3.51K/day | CA$- | CA$- | ▼ -5 days |
| 2014 | 7 days | CA$9.85K | CA$1.46K/day | CA$- | CA$- | ▲ +3 days |
| 2013 | 3 days | CA$3.47K | CA$1.02K/day | CA$- | CA$- | ▼ -35 days |
| 2012 | 38 days | CA$30.73K | CA$804.10/day | CA$- | CA$13.91K | ▼ -270 days |
| 2011 | 308 days | CA$144.29K | CA$468.80/day | CA$- | CA$95.60K | ▲ +205 days |
| 2010 | 103 days | CA$106.99K | CA$1.04K/day | CA$- | CA$59.80K | ▼ -254 days |
| 2009 | 357 days | CA$312.27K | CA$875.17/day | CA$- | CA$13.83K | ▲ +242 days |
| 2008 | 115 days | CA$180.53K | CA$1.57K/day | CA$- | CA$- | ▼ -906 days |
| 2007 | 1021 days | CA$2.38 Million | CA$2.33K/day | CA$- | CA$- | ▼ -247 days |
| 2006 | 1267 days | CA$576.27K | CA$454.76/day | CA$- | CA$- | ▲ +1216 days |
| 2005 | 51 days | CA$18.07K | CA$355.27/day | CA$- | CA$- | ▼ -86 days |
| 2004 | 137 days | CA$41.41K | CA$302.87/day | CA$- | CA$- | ▲ +75 days |
| 2003 | 61 days | CA$5.05K | CA$82.47/day | CA$- | CA$- | ▲ +56 days |
| 2002 | 6 days | CA$3.38K | CA$613.12/day | CA$- | CA$- | ▲ +1 days |
| 2001 | 5 days | CA$2.50K | CA$498.55/day | CA$- | CA$- | ▼ -12 days |
| 2000 | 17 days | CA$3.00K | CA$180.37/day | CA$- | CA$- | ▼ -89 days |
| 1999 | 106 days | CA$10.21K | CA$96.75/day | CA$- | CA$- | ▼ -204 days |
| 1998 | 309 days | CA$74.94K | CA$242.43/day | CA$- | CA$- | — |