XXL Energy Corp (XL) — Defensive Interval Ratio

Latest as of September 2025: 2 days

XXL Energy Corp (XL) has a Defensive Interval Ratio of 2 days as of September 2025. Defensive assets of CA$233.12K (cash CA$-, short-term investments CA$-, receivables CA$233.12K) cover 2 days of daily cash needs of CA$145.67K/day.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

CA$233.12K
Cash + ST Investments + Receivables

Daily Cash Need

CA$145.67K
Current Liabilities ÷ 365

Current Liabilities

CA$53.17 Million
CAD

XXL Energy Corp Defensive Interval Ratio (2013–2024)

This chart shows how XXL Energy Corp's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 2 days, meaning defensive assets of CA$233.12K can fund 2 days of operations without new revenue. For the complete balance sheet picture, see XXL Energy Corp (XL) total assets.

Annual Defensive Interval Ratio for XXL Energy Corp (2013–2024)

The table below presents the year-by-year Defensive Interval Ratio for XXL Energy Corp from 2013 to 2024, covering 12 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 XXL Energy Corp working capital to net assets 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)
2024 6 days CA$774.19K CA$135.45K/day CA$- CA$- ▲ +4 days
2023 2 days CA$184.37K CA$115.09K/day CA$- CA$- ▼ -7 days
2022 9 days CA$908.85K CA$106.66K/day CA$- CA$- ▲ +5 days
2021 4 days CA$374.32K CA$94.89K/day CA$- CA$- ▲ +0 days
2020 4 days CA$345.64K CA$88.12K/day CA$- CA$- ▼ -1 days
2019 5 days CA$379.97K CA$79.85K/day CA$- CA$- ▼ -7 days
2018 11 days CA$896.30K CA$78.45K/day CA$- CA$- ▲ +11 days
2017 1 days CA$21.98K CA$42.48K/day CA$- CA$- ▲ +0 days
2016 0 days CA$15.53K CA$37.02K/day CA$- CA$- ▲ +0 days
2015 0 days CA$12.49K CA$33.07K/day CA$- CA$- ▼ -1 days
2014 1 days CA$28.57K CA$31.50K/day CA$- CA$- ▼ -1 days
2013 2 days CA$46.40K CA$29.48K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)