ValOre Metals Corp (VO) — Defensive Interval Ratio

Latest as of December 2023: 8 days

ValOre Metals Corp (VO) has a Defensive Interval Ratio of 8 days as of December 2023. Defensive assets of CA$17.14K (cash CA$-, short-term investments CA$-, receivables CA$17.14K) cover 8 days of daily cash needs of CA$2.09K/day.

Defensive Interval Ratio

8 days
Days of operational coverage

Defensive Assets

CA$17.14K
Cash + ST Investments + Receivables

Daily Cash Need

CA$2.09K
Current Liabilities ÷ 365

Current Liabilities

CA$763.58K
CAD

ValOre Metals Corp Defensive Interval Ratio (2008–2023)

This chart shows how ValOre Metals Corp's Defensive Interval Ratio has evolved across 16 annual periods from 2008 to 2023. As of December 2023, the ratio stands at 8 days, meaning defensive assets of CA$17.14K can fund 8 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of ValOre Metals Corp.

Annual Defensive Interval Ratio for ValOre Metals Corp (2008–2023)

The table below presents the year-by-year Defensive Interval Ratio for ValOre Metals Corp from 2008 to 2023, covering 16 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 VO working capital ratio 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 1 days CA$1.81K CA$2.95K/day CA$- CA$- ▼ -120 days
2022 120 days CA$586.87K CA$4.88K/day CA$- CA$- ▲ +99 days
2021 21 days CA$18.16K CA$868.11/day CA$- CA$- ▲ +1 days
2020 20 days CA$106.33K CA$5.34K/day CA$- CA$83.89K ▼ 0 days
2019 20 days CA$126.41K CA$6.31K/day CA$- CA$77.28K ▼ -142 days
2018 162 days CA$228.77K CA$1.41K/day CA$- CA$148.11K ▼ -580 days
2017 742 days CA$470.63K CA$633.90/day CA$- CA$321.98K ▼ -833 days
2016 1575 days CA$499.74K CA$317.25/day CA$- CA$428.52K ▲ +1221 days
2015 354 days CA$399.13K CA$1.13K/day CA$- CA$165.89K ▼ -157 days
2014 511 days CA$1.22 Million CA$2.39K/day CA$- CA$539.28K ▲ +504 days
2013 8 days CA$86.59K CA$11.34K/day CA$- CA$- ▼ -161 days
2012 168 days CA$467.36K CA$2.78K/day CA$- CA$- ▲ +37 days
2011 131 days CA$1.40 Million CA$10.69K/day CA$- CA$- ▼ -4 days
2010 135 days CA$510.52K CA$3.79K/day CA$- CA$- ▼ -142 days
2009 276 days CA$124.83K CA$451.90/day CA$- CA$- ▼ -378 days
2008 655 days CA$310.78K CA$474.83/day CA$- CA$180.00K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)