Western Exploration Inc (WEX) — Defensive Interval Ratio

Latest as of September 2022: 1 days

Western Exploration Inc (WEX) has a Defensive Interval Ratio of 1 days as of September 2022. Defensive assets of CA$986.00 (cash CA$-, short-term investments CA$-, receivables CA$986.00) cover 1 days of daily cash needs of CA$746.55/day. See WEX working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

1 days
Days of operational coverage

Defensive Assets

CA$986.00
Cash + ST Investments + Receivables

Daily Cash Need

CA$746.55
Current Liabilities ÷ 365

Current Liabilities

CA$272.49K
CAD

Western Exploration Inc Defensive Interval Ratio (2021–2021)

This chart shows how Western Exploration Inc's Defensive Interval Ratio has evolved across 1 annual periods from 2021 to 2021. As of September 2022, the ratio stands at 1 days, meaning defensive assets of CA$986.00 can fund 1 days of operations without new revenue. See debt-free asset ratio of Western Exploration Inc to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Western Exploration Inc (2021–2021)

The table below presents the year-by-year Defensive Interval Ratio for Western Exploration Inc from 2021 to 2021, covering 1 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 WEX market cap overview.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2021 0 days CA$1.06K CA$4.70K/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)