Magnetite Mines Ltd (MGT) — Defensive Interval Ratio

Latest as of June 2025: 10 days

Magnetite Mines Ltd (MGT) has a Defensive Interval Ratio of 10 days as of June 2025. Defensive assets of AU$110.27K (cash AU$-, short-term investments AU$-, receivables AU$110.27K) cover 10 days of daily cash needs of AU$11.41K/day. Check Magnetite Mines Ltd (MGT) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

10 days
Days of operational coverage

Defensive Assets

AU$110.27K
Cash + ST Investments + Receivables

Daily Cash Need

AU$11.41K
Current Liabilities ÷ 365

Current Liabilities

AU$4.16 Million
AUD

Magnetite Mines Ltd Defensive Interval Ratio (2006–2025)

This chart shows how Magnetite Mines Ltd's Defensive Interval Ratio has evolved across 20 annual periods from 2006 to 2025. As of June 2025, the ratio stands at 10 days, meaning defensive assets of AU$110.27K can fund 10 days of operations without new revenue. Also explore Magnetite Mines Ltd (MGT) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Magnetite Mines Ltd (2006–2025)

The table below presents the year-by-year Defensive Interval Ratio for Magnetite Mines Ltd from 2006 to 2025, covering 20 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 Magnetite Mines Ltd (MGT) total market value.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2025 10 days AU$110.27K AU$11.41K/day AU$- AU$- ▼ -187 days
2024 197 days AU$722.64K AU$3.67K/day AU$- AU$605.87K ▼ -152 days
2023 349 days AU$3.37 Million AU$9.66K/day AU$- AU$3.13 Million ▼ -2570 days
2022 2919 days AU$34.63 Million AU$11.87K/day AU$16.96 Million AU$16.96 Million ▼ -4407 days
2021 7326 days AU$16.75 Million AU$2.29K/day AU$16.59 Million AU$- ▲ +6321 days
2020 1005 days AU$853.64K AU$849.66/day AU$830.87K AU$- ▲ +973 days
2019 31 days AU$236.09K AU$7.57K/day AU$227.74K AU$- ▼ -1018 days
2018 1049 days AU$1.84 Million AU$1.75K/day AU$1.74 Million AU$- ▲ +24 days
2017 1025 days AU$2.51 Million AU$2.45K/day AU$2.20 Million AU$0.00 ▲ +29 days
2016 996 days AU$1.39 Million AU$1.40K/day AU$1.16 Million AU$33.18K ▲ +623 days
2015 373 days AU$123.62K AU$331.70/day AU$- AU$13.27K ▲ +323 days
2014 50 days AU$38.85K AU$774.98/day AU$- AU$18.02K ▼ -32 days
2013 82 days AU$138.32K AU$1.69K/day AU$- AU$22.93K ▼ -97 days
2012 179 days AU$890.57K AU$4.98K/day AU$- AU$32.32K ▲ +2 days
2011 177 days AU$530.57K AU$2.99K/day AU$- AU$46.71K ▼ -1367 days
2010 1544 days AU$4.03 Million AU$2.61K/day AU$- AU$3.73 Million ▲ +1500 days
2009 44 days AU$16.60K AU$380.64/day AU$- AU$- ▲ +29 days
2008 15 days AU$13.67K AU$923.80/day AU$- AU$- ▼ -1113 days
2007 1128 days AU$196.76K AU$174.40/day AU$- AU$- ▲ +893 days
2006 235 days AU$34.44K AU$146.38/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)