ZincX Resources Corp Defensive Interval Ratio
ZincX Resources Corp defensive interval ratio. ZincX Resources Corp (ZNX) has a Defensive Interval Ratio of 5 days as of March 2023. Defensive assets of CA$21.44K (cash CA$-, short-term investments CA$-, receivables CA$21.44K) cover 5 days of daily cash needs of CA$3.97K/day. See ZincX Resources Corp short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of ZincX Resources Corp (2016–2022)
Defensive interval ratio of ZincX Resources Corp from 2016 to 2022. This chart shows how ZincX Resources Corp's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2022. As of March 2023, the ratio stands at 5 days, meaning defensive assets of CA$21.44K can fund 5 days of operations without new revenue. Check ZincX Resources Corp (ZNX) asset resilience to evaluate the company's liquid asset resilience ratio.
ZincX Resources Corp Defensive Interval Ratio by Year (2016–2022)
ZincX Resources Corp defensive interval ratio by year from 2016 to 2022. The table below presents the year-by-year Defensive Interval Ratio for ZincX 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 the complete balance sheet picture, see ZNX asset base.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 2 days | CA$9.23K | CA$4.01K/day | CA$- | CA$- | ▼ -7 days |
| 2021 | 9 days | CA$51.41K | CA$5.70K/day | CA$- | CA$- | ▼ -579 days |
| 2020 | 588 days | CA$2.47 Million | CA$4.20K/day | CA$- | CA$2.46 Million | ▼ -720 days |
| 2019 | 1308 days | CA$2.60 Million | CA$1.99K/day | CA$- | CA$2.57 Million | ▼ -1063 days |
| 2018 | 2371 days | CA$4.23 Million | CA$1.78K/day | CA$- | CA$4.06 Million | ▲ +711 days |
| 2017 | 1660 days | CA$4.28 Million | CA$2.58K/day | CA$- | CA$4.13 Million | ▲ +1622 days |
| 2016 | 38 days | CA$14.64K | CA$381.18/day | CA$- | CA$- | — |