Southern Silver Exploration Corp. (SSV) — Defensive Interval Ratio

Latest as of April 2024: 16 days

Southern Silver Exploration Corp. (SSV) has a Defensive Interval Ratio of 16 days as of April 2024. Defensive assets of CA$22.14K (cash CA$-, short-term investments CA$-, receivables CA$22.14K) cover 16 days of daily cash needs of CA$1.35K/day. See SSV working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

16 days
Days of operational coverage

Defensive Assets

CA$22.14K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.35K
Current Liabilities ÷ 365

Current Liabilities

CA$491.16K
CAD

Southern Silver Exploration Corp. Defensive Interval Ratio (2001–2024)

This chart shows how Southern Silver Exploration Corp.'s Defensive Interval Ratio has evolved across 24 annual periods from 2001 to 2024. As of April 2024, the ratio stands at 16 days, meaning defensive assets of CA$22.14K can fund 16 days of operations without new revenue. See SSV net asset quality score to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Southern Silver Exploration Corp. (2001–2024)

The table below presents the year-by-year Defensive Interval Ratio for Southern Silver Exploration Corp. from 2001 to 2024, covering 24 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 Southern Silver Exploration Corp. market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 16 days CA$22.14K CA$1.35K/day CA$- CA$- ▼ -2 days
2023 18 days CA$24.23K CA$1.33K/day CA$- CA$- ▲ +2 days
2022 16 days CA$32.60K CA$2.05K/day CA$- CA$- ▲ +14 days
2021 2 days CA$24.23K CA$15.06K/day CA$- CA$- ▼ -69 days
2020 71 days CA$65.35K CA$923.28/day CA$- CA$- ▼ -38 days
2019 108 days CA$92.10K CA$849.38/day CA$- CA$- ▼ -42 days
2018 150 days CA$189.68K CA$1.26K/day CA$- CA$- ▲ +120 days
2017 31 days CA$29.53K CA$966.05/day CA$- CA$- ▲ +12 days
2016 18 days CA$26.27K CA$1.45K/day CA$- CA$- ▲ +3 days
2015 15 days CA$24.19K CA$1.57K/day CA$- CA$- ▼ -46 days
2014 62 days CA$148.03K CA$2.41K/day CA$- CA$16.00K ▲ +45 days
2013 16 days CA$35.89K CA$2.19K/day CA$- CA$9.00K ▼ -13 days
2012 29 days CA$47.68K CA$1.64K/day CA$- CA$- ▼ -173 days
2011 202 days CA$141.46K CA$701.53/day CA$- CA$- ▲ +40 days
2010 162 days CA$38.61K CA$238.89/day CA$- CA$- ▲ +12 days
2009 150 days CA$21.70K CA$144.59/day CA$- CA$- ▼ -6 days
2008 156 days CA$149.00K CA$954.75/day CA$- CA$- ▼ -158 days
2007 314 days CA$84.57K CA$269.34/day CA$- CA$- ▲ +14 days
2006 300 days CA$113.16K CA$377.63/day CA$- CA$- ▲ +96 days
2005 204 days CA$36.04K CA$176.72/day CA$- CA$- ▲ +202 days
2004 2 days CA$2.88K CA$1.54K/day CA$- CA$- ▲ +0 days
2003 2 days CA$2.15K CA$1.26K/day CA$- CA$- ▲ +2 days
2002 0 days CA$177.00 CA$1.24K/day CA$- CA$- ▼ -9 days
2001 9 days CA$7.19K CA$779.72/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)