Metalsgrove Mining Ltd Defensive Interval Ratio
Metalsgrove Mining Ltd defensive interval ratio. Metalsgrove Mining Ltd (MGA) has a Defensive Interval Ratio of 4087 days as of June 2025. Defensive assets of AU$1.38 Million (cash AU$1.38 Million, short-term investments AU$-, receivables AU$-) cover 4087 days of daily cash needs of AU$338.86/day. See Metalsgrove Mining Ltd 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 Metalsgrove Mining Ltd (2023–2024)
Defensive interval ratio of Metalsgrove Mining Ltd from 2023 to 2024. This chart shows how Metalsgrove Mining Ltd's Defensive Interval Ratio has evolved across 2 annual periods from 2023 to 2024. As of June 2025, the ratio stands at 4087 days, meaning defensive assets of AU$1.38 Million can fund 4087 days of operations without new revenue. Check Metalsgrove Mining Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Metalsgrove Mining Ltd Defensive Interval Ratio by Year (2023–2024)
Metalsgrove Mining Ltd defensive interval ratio by year from 2023 to 2024. The table below presents the year-by-year Defensive Interval Ratio for Metalsgrove Mining Ltd from 2023 to 2024, 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. For the complete balance sheet picture, see how large is Metalsgrove Mining Ltd's balance sheet.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 7580 days | AU$2.69 Million | AU$354.51/day | AU$2.69 Million | AU$- | ▲ +5957 days |
| 2023 | 1622 days | AU$3.10 Million | AU$1.91K/day | AU$3.10 Million | AU$- | — |