Midas Minerals Ltd (MM1) — Defensive Interval Ratio
Midas Minerals Ltd (MM1) has a Defensive Interval Ratio of 55 days as of June 2025. Defensive assets of AU$43.33K (cash AU$-, short-term investments AU$-, receivables AU$43.33K) cover 55 days of daily cash needs of AU$787.63/day. See Midas Minerals Ltd (MM1) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Midas Minerals Ltd Defensive Interval Ratio (2018–2024)
This chart shows how Midas Minerals Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2018 to 2024. As of June 2025, the ratio stands at 55 days, meaning defensive assets of AU$43.33K can fund 55 days of operations without new revenue. See how leveraged is Midas Minerals Ltd's balance sheet to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Midas Minerals Ltd (2018–2024)
The table below presents the year-by-year Defensive Interval Ratio for Midas Minerals Ltd from 2018 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 MM1 market cap.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 35 days | AU$21.53K | AU$618.45/day | AU$- | AU$- | ▼ -134 days |
| 2023 | 169 days | AU$120.87K | AU$715.71/day | AU$- | AU$68.00K | ▲ +97 days |
| 2022 | 72 days | AU$63.46K | AU$878.27/day | AU$- | AU$- | ▼ -200 days |
| 2021 | 272 days | AU$123.30K | AU$453.03/day | AU$- | AU$- | ▼ -952 days |
| 2019 | 1224 days | AU$245.76K | AU$200.81/day | AU$- | AU$- | ▲ +1200 days |
| 2018 | 24 days | AU$7.69K | AU$323.20/day | AU$- | AU$- | — |