Vizsla Copper Corp (VCU) — Defensive Interval Ratio

Latest as of July 2023: 22 days

Vizsla Copper Corp (VCU) has a Defensive Interval Ratio of 22 days as of July 2023. Defensive assets of CA$104.47K (cash CA$-, short-term investments CA$-, receivables CA$104.47K) cover 22 days of daily cash needs of CA$4.70K/day. Check VCU tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

22 days
Days of operational coverage

Defensive Assets

CA$104.47K
Cash + ST Investments + Receivables

Daily Cash Need

CA$4.70K
Current Liabilities ÷ 365

Current Liabilities

CA$1.71 Million
CAD

Vizsla Copper Corp Defensive Interval Ratio (2019–2023)

This chart shows how Vizsla Copper Corp's Defensive Interval Ratio has evolved across 5 annual periods from 2019 to 2023. As of July 2023, the ratio stands at 22 days, meaning defensive assets of CA$104.47K can fund 22 days of operations without new revenue. Also explore net asset momentum of Vizsla Copper Corp to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Vizsla Copper Corp (2019–2023)

The table below presents the year-by-year Defensive Interval Ratio for Vizsla Copper Corp from 2019 to 2023, covering 5 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 market cap of Vizsla Copper Corp.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 27 days CA$61.42K CA$2.26K/day CA$- CA$- ▼ -70 days
2022 97 days CA$40.55K CA$417.20/day CA$- CA$- ▲ +90 days
2021 7 days CA$10.35K CA$1.52K/day CA$- CA$- ▲ +3 days
2020 4 days CA$1.95K CA$529.00/day CA$- CA$- ▼ -12 days
2019 15 days CA$19.75K CA$1.28K/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)