Megado Minerals Ltd (MEG) — Defensive Interval Ratio

Latest as of June 2025: 139 days

Megado Minerals Ltd (MEG) has a Defensive Interval Ratio of 139 days as of June 2025. Defensive assets of AU$34.10K (cash AU$-, short-term investments AU$-, receivables AU$34.10K) cover 139 days of daily cash needs of AU$244.95/day. Check Megado Minerals Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

139 days
Days of operational coverage

Defensive Assets

AU$34.10K
Cash + ST Investments + Receivables

Daily Cash Need

AU$244.95
Current Liabilities ÷ 365

Current Liabilities

AU$89.41K
AUD

Megado Minerals Ltd Defensive Interval Ratio (2019–2024)

This chart shows how Megado Minerals Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 139 days, meaning defensive assets of AU$34.10K can fund 139 days of operations without new revenue. Also explore Megado Minerals Ltd (MEG) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Megado Minerals Ltd (2019–2024)

The table below presents the year-by-year Defensive Interval Ratio for Megado Minerals Ltd from 2019 to 2024, covering 6 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 MEG market cap overview.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 2396 days AU$698.36K AU$291.52/day AU$- AU$- ▲ +2185 days
2023 211 days AU$27.34K AU$129.78/day AU$- AU$- ▲ +176 days
2022 35 days AU$23.39K AU$669.40/day AU$- AU$- ▼ -12 days
2021 46 days AU$20.96K AU$451.00/day AU$- AU$- ▼ -22 days
2020 68 days AU$67.14K AU$982.56/day AU$- AU$- ▲ +45 days
2019 24 days AU$29.17K AU$1.23K/day AU$- AU$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)