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.
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. For the complete balance sheet picture, see VRY asset base.
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. See Petro-Victory Energy Corp short-term liquidity 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) |
|---|---|---|---|---|---|---|
| 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$- | — |