Vantex Resources Ltd Defensive Interval Ratio
Vantex Resources Ltd defensive interval ratio. Vantex Resources Ltd (VAX) has a Defensive Interval Ratio of 9 days as of July 2023. Defensive assets of CA$9.51K (cash CA$-, short-term investments CA$-, receivables CA$9.51K) cover 9 days of daily cash needs of CA$1.05K/day. See Vantex Resources Ltd (VAX) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Vantex Resources Ltd (2013–2022)
Defensive interval ratio of Vantex Resources Ltd from 2013 to 2022. This chart shows how Vantex Resources Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2022. As of July 2023, the ratio stands at 9 days, meaning defensive assets of CA$9.51K can fund 9 days of operations without new revenue. Check VAX asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Vantex Resources Ltd Defensive Interval Ratio by Year (2013–2022)
Vantex Resources Ltd defensive interval ratio by year from 2013 to 2022. The table below presents the year-by-year Defensive Interval Ratio for Vantex Resources Ltd from 2013 to 2022, covering 10 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 Vantex Resources Ltd.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 57 days | CA$52.41K | CA$925.80/day | CA$- | CA$- | ▲ +54 days |
| 2021 | 2 days | CA$2.38K | CA$1.09K/day | CA$- | CA$- | ▼ -10 days |
| 2020 | 12 days | CA$11.53K | CA$978.06/day | CA$- | CA$- | ▲ +7 days |
| 2019 | 5 days | CA$4.79K | CA$1.01K/day | CA$- | CA$0.00 | ▼ -198 days |
| 2018 | 203 days | CA$159.82K | CA$787.77/day | CA$- | CA$140.28K | ▲ +181 days |
| 2017 | 22 days | CA$13.14K | CA$597.99/day | CA$- | CA$- | ▼ -43 days |
| 2016 | 65 days | CA$31.93K | CA$492.44/day | CA$- | CA$- | ▼ -204 days |
| 2015 | 269 days | CA$33.55K | CA$124.69/day | CA$- | CA$- | ▼ -475 days |
| 2014 | 744 days | CA$67.39K | CA$90.57/day | CA$- | CA$- | ▲ +477 days |
| 2013 | 267 days | CA$71.17K | CA$266.15/day | CA$- | CA$- | — |