Mayur Resources Ltd (MRL) — Defensive Interval Ratio

Latest as of June 2024: 54 days

Mayur Resources Ltd (MRL) has a Defensive Interval Ratio of 54 days as of June 2024. Defensive assets of AU$2.59 Million (cash AU$-, short-term investments AU$-, receivables AU$2.59 Million) cover 54 days of daily cash needs of AU$48.07K/day. See MRL working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

54 days
Days of operational coverage

Defensive Assets

AU$2.59 Million
Cash + ST Investments + Receivables

Daily Cash Need

AU$48.07K
Current Liabilities ÷ 365

Current Liabilities

AU$17.54 Million
AUD

Mayur Resources Ltd Defensive Interval Ratio (2014–2024)

This chart shows how Mayur Resources Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2024. As of June 2024, the ratio stands at 54 days, meaning defensive assets of AU$2.59 Million can fund 54 days of operations without new revenue. See how leveraged is Mayur Resources Ltd's balance sheet to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Mayur Resources Ltd (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Mayur Resources Ltd from 2014 to 2024, covering 9 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 Mayur Resources Ltd stock valuation.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 54 days AU$2.59 Million AU$48.07K/day AU$- AU$- ▼ -5 days
2023 59 days AU$244.83K AU$4.16K/day AU$- AU$-118.49K ▲ +26 days
2022 33 days AU$192.62K AU$5.83K/day AU$- AU$-118.49K ▼ -59 days
2021 92 days AU$321.56K AU$3.48K/day AU$- AU$- ▼ -35 days
2020 128 days AU$302.58K AU$2.37K/day AU$- AU$- ▲ +103 days
2019 25 days AU$148.16K AU$6.03K/day AU$- AU$- ▼ 0 days
2018 25 days AU$261.00K AU$10.42K/day AU$- AU$- ▼ -560 days
2015 585 days AU$8.95 Million AU$15.29K/day AU$- AU$- ▲ +571 days
2014 15 days AU$4.21 Million AU$282.90K/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)