Ucore Rare Metals Inc (UCU) — Defensive Interval Ratio

Latest as of March 2024: 120 days

Ucore Rare Metals Inc (UCU) has a Defensive Interval Ratio of 120 days as of March 2024. Defensive assets of CA$1.74 Million (cash CA$-, short-term investments CA$-, receivables CA$1.74 Million) cover 120 days of daily cash needs of CA$14.46K/day.

Defensive Interval Ratio

120 days
Days of operational coverage

Defensive Assets

CA$1.74 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$14.46K
Current Liabilities ÷ 365

Current Liabilities

CA$5.28 Million
CAD

Ucore Rare Metals Inc Defensive Interval Ratio (2006–2023)

This chart shows how Ucore Rare Metals Inc's Defensive Interval Ratio has evolved across 18 annual periods from 2006 to 2023. As of March 2024, the ratio stands at 120 days, meaning defensive assets of CA$1.74 Million can fund 120 days of operations without new revenue. For the complete balance sheet picture, see Ucore Rare Metals Inc (UCU) total assets.

Annual Defensive Interval Ratio for Ucore Rare Metals Inc (2006–2023)

The table below presents the year-by-year Defensive Interval Ratio for Ucore Rare Metals Inc from 2006 to 2023, covering 18 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 working capital position of Ucore Rare Metals Inc 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 145 days CA$1.76 Million CA$12.19K/day CA$- CA$0.00 ▲ +88 days
2022 56 days CA$435.01K CA$7.77K/day CA$- CA$1.50K ▲ +5 days
2021 51 days CA$293.67K CA$5.75K/day CA$- CA$1.00K ▲ +18 days
2020 34 days CA$182.66K CA$5.44K/day CA$- CA$27.83K ▼ -27 days
2019 60 days CA$279.84K CA$4.65K/day CA$- CA$1.00K ▼ -52 days
2018 113 days CA$158.15K CA$1.40K/day CA$- CA$1.50K ▲ +86 days
2017 27 days CA$48.26K CA$1.81K/day CA$- CA$1.00K ▼ -154 days
2016 181 days CA$64.16K CA$355.02/day CA$- CA$1.00K ▲ +69 days
2015 111 days CA$96.62K CA$868.16/day CA$- CA$750.00 ▲ +38 days
2014 74 days CA$140.01K CA$1.90K/day CA$- CA$1.00K ▼ -1788 days
2013 1861 days CA$1.60 Million CA$859.90/day CA$- CA$1.36 Million ▲ +1626 days
2012 236 days CA$380.63K CA$1.61K/day CA$- CA$3.75K ▲ +130 days
2011 106 days CA$224.66K CA$2.13K/day CA$- CA$8.50K ▼ -2257 days
2010 2362 days CA$2.39 Million CA$1.01K/day CA$- CA$2.34 Million ▼ -29 days
2009 2391 days CA$2.03 Million CA$849.95/day CA$- CA$2.01 Million ▲ +2120 days
2008 271 days CA$186.24K CA$686.66/day CA$- CA$2.50K ▲ +212 days
2007 59 days CA$209.52K CA$3.56K/day CA$- CA$- ▼ -14 days
2006 72 days CA$110.09K CA$1.52K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)