Zephyr Minerals Ltd (ZFR) — Defensive Interval Ratio

Latest as of March 2024: 33 days

Zephyr Minerals Ltd (ZFR) has a Defensive Interval Ratio of 33 days as of March 2024. Defensive assets of CA$8.41K (cash CA$-, short-term investments CA$-, receivables CA$8.41K) cover 33 days of daily cash needs of CA$257.13/day.

Defensive Interval Ratio

33 days
Days of operational coverage

Defensive Assets

CA$8.41K
Cash + ST Investments + Receivables

Daily Cash Need

CA$257.13
Current Liabilities ÷ 365

Current Liabilities

CA$93.85K
CAD

Zephyr Minerals Ltd Defensive Interval Ratio (2011–2023)

This chart shows how Zephyr Minerals Ltd's Defensive Interval Ratio has evolved across 13 annual periods from 2011 to 2023. As of March 2024, the ratio stands at 33 days, meaning defensive assets of CA$8.41K can fund 33 days of operations without new revenue. For the complete balance sheet picture, see how large is Zephyr Minerals Ltd's balance sheet.

Annual Defensive Interval Ratio for Zephyr Minerals Ltd (2011–2023)

The table below presents the year-by-year Defensive Interval Ratio for Zephyr Minerals Ltd from 2011 to 2023, covering 13 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 ZFR working capital efficiency 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)
2023 83 days CA$14.50K CA$175.40/day CA$- CA$- ▲ +17 days
2022 66 days CA$9.55K CA$144.47/day CA$- CA$- ▼ -73 days
2021 139 days CA$35.48K CA$255.74/day CA$- CA$- ▼ -1 days
2020 140 days CA$16.65K CA$119.05/day CA$- CA$- ▲ +104 days
2019 36 days CA$5.14K CA$144.75/day CA$- CA$- ▼ -38 days
2018 74 days CA$18.37K CA$248.26/day CA$- CA$- ▼ -31 days
2017 105 days CA$38.68K CA$367.05/day CA$- CA$- ▲ +65 days
2016 40 days CA$18.91K CA$469.86/day CA$- CA$- ▲ +10 days
2015 30 days CA$5.95K CA$197.76/day CA$- CA$- ▲ +24 days
2014 6 days CA$1.00K CA$166.53/day CA$- CA$- ▼ -94 days
2013 100 days CA$7.83K CA$77.95/day CA$- CA$- ▲ +13 days
2012 87 days CA$25.43K CA$291.79/day CA$- CA$- ▼ -68 days
2011 155 days CA$18.76K CA$120.95/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)