Petro-Victory Energy Corp (VRY) — Defensive Interval Ratio
Petro-Victory Energy Corp (VRY) has a Defensive Interval Ratio of 7 days as of September 2021. Defensive assets of CA$65.23K (cash CA$-, short-term investments CA$-, receivables CA$65.23K) cover 7 days of daily cash needs of CA$8.70K/day. Check tangible equity quality of Petro-Victory Energy Corp to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Petro-Victory Energy Corp Defensive Interval Ratio (2013–2017)
This chart shows how Petro-Victory Energy Corp's Defensive Interval Ratio has evolved across 4 annual periods from 2013 to 2017. As of September 2021, the ratio stands at 7 days, meaning defensive assets of CA$65.23K can fund 7 days of operations without new revenue. Also explore Petro-Victory Energy Corp net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Petro-Victory Energy Corp (2013–2017)
The table below presents the year-by-year Defensive Interval Ratio for Petro-Victory Energy Corp from 2013 to 2017, covering 4 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 value of Petro-Victory Energy Corp.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2017 | 0 days | CA$0.00 | CA$7.04K/day | CA$- | CA$0.00 | ▼ 0 days |
| 2016 | 0 days | CA$5.00 | CA$8.80K/day | CA$- | CA$5.00 | ▼ -31 days |
| 2015 | 31 days | CA$200.16K | CA$6.42K/day | CA$- | CA$159.00 | ▼ -27 days |
| 2013 | 58 days | CA$189.64K | CA$3.25K/day | CA$- | CA$- | — |