Sarama Resource (SWA) — Defensive Interval Ratio

Latest as of March 2024: 3 days

Sarama Resource (SWA) has a Defensive Interval Ratio of 3 days as of March 2024. Defensive assets of CA$10.83K (cash CA$-, short-term investments CA$-, receivables CA$10.83K) cover 3 days of daily cash needs of CA$3.25K/day.

Defensive Interval Ratio

3 days
Days of operational coverage

Defensive Assets

CA$10.83K
Cash + ST Investments + Receivables

Daily Cash Need

CA$3.25K
Current Liabilities ÷ 365

Current Liabilities

CA$1.19 Million
CAD

Sarama Resource Defensive Interval Ratio (2011–2023)

This chart shows how Sarama Resource's Defensive Interval Ratio has evolved across 13 annual periods from 2011 to 2023. As of March 2024, the ratio stands at 3 days, meaning defensive assets of CA$10.83K can fund 3 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Sarama Resource.

Annual Defensive Interval Ratio for Sarama Resource (2011–2023)

The table below presents the year-by-year Defensive Interval Ratio for Sarama Resource from 2011 to 2023, covering 13 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Sarama Resource current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 8 days CA$23.63K CA$2.93K/day CA$- CA$- ▼ -4 days
2022 12 days CA$23.38K CA$1.90K/day CA$- CA$- ▼ -6 days
2021 18 days CA$81.65K CA$4.42K/day CA$- CA$- ▼ -69 days
2020 87 days CA$59.71K CA$683.94/day CA$- CA$0.00 ▲ +56 days
2019 31 days CA$109.53K CA$3.50K/day CA$- CA$77.52K ▼ -386 days
2018 417 days CA$265.62K CA$637.28/day CA$- CA$228.63K ▲ +378 days
2017 39 days CA$46.44K CA$1.20K/day CA$- CA$- ▲ +32 days
2016 6 days CA$31.25K CA$4.93K/day CA$- CA$- ▼ -32 days
2015 39 days CA$70.28K CA$1.82K/day CA$- CA$- ▼ -98 days
2014 136 days CA$145.02K CA$1.06K/day CA$- CA$- ▲ +111 days
2013 26 days CA$26.09K CA$1.02K/day CA$- CA$- ▲ +20 days
2012 6 days CA$73.13K CA$12.52K/day CA$- CA$- ▼ -12 days
2011 18 days CA$72.87K CA$4.08K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)