Zacatecas Silver Corp (ZAC) — Defensive Interval Ratio

Latest as of June 2023: 2 days

Zacatecas Silver Corp (ZAC) has a Defensive Interval Ratio of 2 days as of June 2023. Defensive assets of CA$105.00K (cash CA$-, short-term investments CA$-, receivables CA$105.00K) cover 2 days of daily cash needs of CA$48.74K/day.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

CA$105.00K
Cash + ST Investments + Receivables

Daily Cash Need

CA$48.74K
Current Liabilities ÷ 365

Current Liabilities

CA$17.79 Million
CAD

Zacatecas Silver Corp Defensive Interval Ratio (2020–2021)

This chart shows how Zacatecas Silver Corp's Defensive Interval Ratio has evolved across 2 annual periods from 2020 to 2021. As of June 2023, the ratio stands at 2 days, meaning defensive assets of CA$105.00K can fund 2 days of operations without new revenue. For the complete balance sheet picture, see ZAC total assets.

Annual Defensive Interval Ratio for Zacatecas Silver Corp (2020–2021)

The table below presents the year-by-year Defensive Interval Ratio for Zacatecas Silver Corp from 2020 to 2021, covering 2 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 working capital position of Zacatecas Silver Corp 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)
2021 30 days CA$27.57K CA$933.12/day CA$- CA$- ▲ +29 days
2020 1 days CA$19.04K CA$28.83K/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)