Visionary Gold Corp (VIZ) — Defensive Interval Ratio

Latest as of December 2022: 8 days

Visionary Gold Corp (VIZ) has a Defensive Interval Ratio of 8 days as of December 2022. Defensive assets of CA$12.65K (cash CA$-, short-term investments CA$-, receivables CA$12.65K) cover 8 days of daily cash needs of CA$1.63K/day. Check how tangible is Visionary Gold Corp's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

8 days
Days of operational coverage

Defensive Assets

CA$12.65K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.63K
Current Liabilities ÷ 365

Current Liabilities

CA$595.72K
CAD

Visionary Gold Corp Defensive Interval Ratio (2017–2022)

This chart shows how Visionary Gold Corp's Defensive Interval Ratio has evolved across 6 annual periods from 2017 to 2022. As of December 2022, the ratio stands at 8 days, meaning defensive assets of CA$12.65K can fund 8 days of operations without new revenue. Also explore net asset momentum of Visionary Gold Corp to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Visionary Gold Corp (2017–2022)

The table below presents the year-by-year Defensive Interval Ratio for Visionary Gold Corp from 2017 to 2022, covering 6 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 Visionary Gold Corp market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 19 days CA$16.00K CA$822.18/day CA$- CA$- ▲ +1 days
2021 19 days CA$11.79K CA$630.12/day CA$- CA$- ▲ +16 days
2020 3 days CA$4.87K CA$1.74K/day CA$- CA$- ▼ -7 days
2019 9 days CA$13.00K CA$1.37K/day CA$- CA$- ▲ +2 days
2018 7 days CA$4.61K CA$623.10/day CA$- CA$- ▼ -50 days
2017 57 days CA$11.80K CA$207.24/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)