Visible Gold Mines Inc (VGD) — Defensive Interval Ratio

Latest as of January 2026: 326 days

Visible Gold Mines Inc (VGD) has a Defensive Interval Ratio of 326 days as of January 2026. Defensive assets of CA$64.35K (cash CA$-, short-term investments CA$-, receivables CA$64.35K) cover 326 days of daily cash needs of CA$197.39/day. Check Visible Gold Mines Inc tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

326 days
Days of operational coverage

Defensive Assets

CA$64.35K
Cash + ST Investments + Receivables

Daily Cash Need

CA$197.39
Current Liabilities ÷ 365

Current Liabilities

CA$72.05K
CAD

Visible Gold Mines Inc Defensive Interval Ratio (2007–2024)

This chart shows how Visible Gold Mines Inc's Defensive Interval Ratio has evolved across 18 annual periods from 2007 to 2024. As of January 2026, the ratio stands at 326 days, meaning defensive assets of CA$64.35K can fund 326 days of operations without new revenue. Also explore Visible Gold Mines Inc net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Visible Gold Mines Inc (2007–2024)

The table below presents the year-by-year Defensive Interval Ratio for Visible Gold Mines Inc from 2007 to 2024, 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. For live market cap and the full company financial profile, see VGD market cap.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 0 days CA$0.00 CA$1.01K/day CA$- CA$- ▼ -138 days
2023 138 days CA$68.26K CA$494.58/day CA$- CA$- ▲ +101 days
2022 37 days CA$11.87K CA$324.91/day CA$- CA$- ▼ -137 days
2021 174 days CA$21.26K CA$122.23/day CA$- CA$- ▲ +163 days
2020 11 days CA$11.72K CA$1.10K/day CA$- CA$- ▼ -8 days
2019 19 days CA$22.44K CA$1.20K/day CA$- CA$- ▲ +1 days
2018 18 days CA$18.39K CA$1.03K/day CA$- CA$- ▼ -423 days
2017 441 days CA$104.26K CA$236.59/day CA$- CA$- ▼ -1016 days
2016 1456 days CA$816.95K CA$561.00/day CA$- CA$647.50K ▲ +159 days
2015 1297 days CA$1.10 Million CA$844.78/day CA$- CA$175.00K ▼ -452 days
2014 1749 days CA$406.29K CA$232.31/day CA$- CA$350.00K ▼ -2108 days
2013 3857 days CA$604.88K CA$156.83/day CA$- CA$350.00K ▲ +2422 days
2012 1434 days CA$1.54 Million CA$1.07K/day CA$- CA$475.00K ▲ +851 days
2011 584 days CA$2.19 Million CA$3.76K/day CA$- CA$575.00K ▼ -419 days
2010 1002 days CA$233.41K CA$232.94/day CA$- CA$97.02K ▼ -124388 days
2009 125390 days CA$689.82K CA$5.50/day CA$- CA$410.00K ▲ +125133 days
2008 257 days CA$535.43K CA$2.08K/day CA$- CA$- ▲ +175 days
2007 82 days CA$51.90K CA$632.90/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)