Stuve Gold Corp (STUV) — Defensive Interval Ratio

Latest as of June 2023: 3 days

Stuve Gold Corp (STUV) has a Defensive Interval Ratio of 3 days as of June 2023. Defensive assets of CA$5.19K (cash CA$-, short-term investments CA$-, receivables CA$5.19K) cover 3 days of daily cash needs of CA$1.68K/day. See STUV current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

3 days
Days of operational coverage

Defensive Assets

CA$5.19K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.68K
Current Liabilities ÷ 365

Current Liabilities

CA$611.95K
CAD

Stuve Gold Corp Defensive Interval Ratio (2020–2021)

This chart shows how Stuve Gold Corp's Defensive Interval Ratio has evolved across 2 annual periods from 2020 to 2021. As of June 2023, the ratio stands at 3 days, meaning defensive assets of CA$5.19K can fund 3 days of operations without new revenue. See Stuve Gold Corp (STUV) net asset quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Stuve Gold Corp (2020–2021)

The table below presents the year-by-year Defensive Interval Ratio for Stuve Gold Corp from 2020 to 2021, covering 2 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 Stuve Gold Corp market cap and net worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2021 1 days CA$953.00 CA$745.70/day CA$- CA$- ▼ 0 days
2020 2 days CA$499.00 CA$286.42/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)