Minerals 260 Ltd (MI6) — Defensive Interval Ratio

Latest as of June 2025: 0 days

Minerals 260 Ltd (MI6) has a Defensive Interval Ratio of 0 days as of June 2025. Defensive assets of AU$3.66K (cash AU$-, short-term investments AU$-, receivables AU$3.66K) cover 0 days of daily cash needs of AU$34.78K/day. See MI6 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

AU$3.66K
Cash + ST Investments + Receivables

Daily Cash Need

AU$34.78K
Current Liabilities ÷ 365

Current Liabilities

AU$12.70 Million
AUD

Minerals 260 Ltd Defensive Interval Ratio (2021–2025)

This chart shows how Minerals 260 Ltd's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of June 2025, the ratio stands at 0 days, meaning defensive assets of AU$3.66K can fund 0 days of operations without new revenue. See debt-free asset ratio of Minerals 260 Ltd to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Minerals 260 Ltd (2021–2025)

The table below presents the year-by-year Defensive Interval Ratio for Minerals 260 Ltd from 2021 to 2025, covering 5 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 market cap of Minerals 260 Ltd.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2025 0 days AU$3.66K AU$34.78K/day AU$- AU$- ▼ -54 days
2024 54 days AU$97.21K AU$1.80K/day AU$- AU$- ▼ -35 days
2023 89 days AU$207.19K AU$2.33K/day AU$- AU$50.00K ▼ -14 days
2022 103 days AU$144.29K AU$1.40K/day AU$- AU$50.00K ▲ +96 days
2021 8 days AU$1.00K AU$128.88/day AU$- AU$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)