Group Eleven Resources Corp (ZNG) — Defensive Interval Ratio
Group Eleven Resources Corp (ZNG) has a Defensive Interval Ratio of 40 days as of September 2023. Defensive assets of CA$65.94K (cash CA$-, short-term investments CA$-, receivables CA$65.94K) cover 40 days of daily cash needs of CA$1.66K/day. Check Group Eleven Resources Corp tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Group Eleven Resources Corp Defensive Interval Ratio (2016–2022)
This chart shows how Group Eleven Resources Corp's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2022. As of September 2023, the ratio stands at 40 days, meaning defensive assets of CA$65.94K can fund 40 days of operations without new revenue. Also explore Group Eleven Resources Corp annual equity growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Group Eleven Resources Corp (2016–2022)
The table below presents the year-by-year Defensive Interval Ratio for Group Eleven Resources Corp from 2016 to 2022, covering 7 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 how much is Group Eleven Resources Corp worth.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 31 days | CA$59.99K | CA$1.95K/day | CA$- | CA$- | ▲ +16 days |
| 2021 | 15 days | CA$23.88K | CA$1.56K/day | CA$- | CA$- | ▼ -27 days |
| 2020 | 42 days | CA$81.68K | CA$1.95K/day | CA$- | CA$- | ▲ +11 days |
| 2019 | 31 days | CA$79.18K | CA$2.55K/day | CA$- | CA$- | ▼ -25 days |
| 2018 | 56 days | CA$84.82K | CA$1.53K/day | CA$- | CA$- | ▼ -32 days |
| 2017 | 87 days | CA$153.21K | CA$1.76K/day | CA$- | CA$- | ▲ +64 days |
| 2016 | 23 days | CA$12.77K | CA$556.91/day | CA$- | CA$- | — |