Waseco Resources Inc. Defensive Interval Ratio

Latest as of February 2023: 1 days

Waseco Resources Inc. defensive interval ratio. Waseco Resources Inc. (WRI) has a Defensive Interval Ratio of 1 days as of February 2023. Defensive assets of CA$2.01K (cash CA$-, short-term investments CA$-, receivables CA$2.01K) cover 1 days of daily cash needs of CA$1.63K/day. See WRI current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

1 days
Days of operational coverage

Defensive Assets

CA$2.01K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.63K
Current Liabilities ÷ 365

Current Liabilities

CA$595.73K
CAD

Defensive Interval Ratio of Waseco Resources Inc. (2014–2023)

Defensive interval ratio of Waseco Resources Inc. from 2014 to 2023. This chart shows how Waseco Resources Inc.'s Defensive Interval Ratio has evolved across 10 annual periods from 2014 to 2023. As of February 2023, the ratio stands at 1 days, meaning defensive assets of CA$2.01K can fund 1 days of operations without new revenue. Read Waseco Resources Inc. balance sheet liabilities for a breakdown of total debt and financial obligations.

Waseco Resources Inc. Defensive Interval Ratio by Year (2014–2023)

Waseco Resources Inc. defensive interval ratio by year from 2014 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Waseco Resources Inc. from 2014 to 2023, covering 10 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 the complete balance sheet picture, see WRI total asset value.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 1 days CA$2.01K CA$1.63K/day CA$- CA$- ▼ 0 days
2022 1 days CA$2.00K CA$1.55K/day CA$- CA$- ▼ -1 days
2021 3 days CA$4.15K CA$1.58K/day CA$- CA$- ▲ +0 days
2020 2 days CA$3.54K CA$1.53K/day CA$- CA$- ▼ -6 days
2019 8 days CA$19.84K CA$2.46K/day CA$- CA$- ▲ +5 days
2018 3 days CA$5.74K CA$1.78K/day CA$- CA$- ▼ -6 days
2017 9 days CA$14.00K CA$1.55K/day CA$- CA$- ▲ +7 days
2016 2 days CA$2.28K CA$1.27K/day CA$- CA$- ▼ -1 days
2015 2 days CA$3.01K CA$1.25K/day CA$- CA$- ▼ -168 days
2014 170 days CA$202.00K CA$1.19K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)