Stelmine Canada Ltd Defensive Interval Ratio

Latest as of April 2024: 6 days

Stelmine Canada Ltd defensive interval ratio. Stelmine Canada Ltd (STH) has a Defensive Interval Ratio of 6 days as of April 2024. Defensive assets of CA$8.38K (cash CA$-, short-term investments CA$-, receivables CA$8.38K) cover 6 days of daily cash needs of CA$1.50K/day. See Stelmine Canada Ltd (STH) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

6 days
Days of operational coverage

Defensive Assets

CA$8.38K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.50K
Current Liabilities ÷ 365

Current Liabilities

CA$547.12K
CAD

Defensive Interval Ratio of Stelmine Canada Ltd (2008–2023)

Defensive interval ratio of Stelmine Canada Ltd from 2008 to 2023. This chart shows how Stelmine Canada Ltd's Defensive Interval Ratio has evolved across 15 annual periods from 2008 to 2023. As of April 2024, the ratio stands at 6 days, meaning defensive assets of CA$8.38K can fund 6 days of operations without new revenue. Read how much debt does Stelmine Canada Ltd carry for a breakdown of total debt and financial obligations.

Stelmine Canada Ltd Defensive Interval Ratio by Year (2008–2023)

Stelmine Canada Ltd defensive interval ratio by year from 2008 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Stelmine Canada Ltd from 2008 to 2023, covering 15 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 total assets of Stelmine Canada Ltd.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 62 days CA$132.20K CA$2.12K/day CA$- CA$- ▼ -171 days
2022 233 days CA$765.24K CA$3.28K/day CA$- CA$- ▲ +103 days
2021 130 days CA$111.67K CA$856.58/day CA$- CA$- ▲ +73 days
2020 57 days CA$15.42K CA$270.76/day CA$- CA$- ▲ +22 days
2019 35 days CA$9.77K CA$278.33/day CA$- CA$- ▼ -250 days
2018 285 days CA$201.04K CA$705.92/day CA$- CA$- ▲ +173 days
2017 112 days CA$54.32K CA$485.03/day CA$- CA$- ▲ +42 days
2016 70 days CA$19.73K CA$282.80/day CA$- CA$- ▲ +51 days
2015 19 days CA$27.53K CA$1.44K/day CA$- CA$- ▲ +16 days
2014 3 days CA$6.17K CA$1.84K/day CA$- CA$- ▼ -4 days
2013 8 days CA$13.61K CA$1.79K/day CA$- CA$- ▼ -6 days
2012 14 days CA$13.13K CA$958.78/day CA$- CA$- ▼ -2 days
2011 16 days CA$37.22K CA$2.30K/day CA$- CA$- ▼ -104 days
2009 120 days CA$39.45K CA$329.44/day CA$- CA$- ▼ -1622 days
2008 1742 days CA$773.27K CA$443.89/day CA$- CA$700.00K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)