Griffin Mining (GFM) — Defensive Interval Ratio

Latest as of June 2025: 25 days

Griffin Mining (GFM) has a Defensive Interval Ratio of 25 days as of June 2025. Defensive assets of GBX3.08 Million (cash GBX-, short-term investments GBX-, receivables GBX3.08 Million) cover 25 days of daily cash needs of GBX120.95K/day. Check GFM goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

25 days
Days of operational coverage

Defensive Assets

GBX3.08 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX120.95K
Current Liabilities ÷ 365

Current Liabilities

GBX44.15 Million
GBX

Griffin Mining Defensive Interval Ratio (2000–2023)

This chart shows how Griffin Mining's Defensive Interval Ratio has evolved across 24 annual periods from 2000 to 2023. As of June 2025, the ratio stands at 25 days, meaning defensive assets of GBX3.08 Million can fund 25 days of operations without new revenue. Also explore net asset growth rate of Griffin Mining to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Griffin Mining (2000–2023)

The table below presents the year-by-year Defensive Interval Ratio for Griffin Mining from 2000 to 2023, covering 24 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 Griffin Mining market cap and net worth.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2023 4 days GBX490.00K GBX120.17K/day GBX- GBX- ▲ +7 days
2022 -3 days GBX-349.00K GBX130.85K/day GBX- GBX- ▲ +1 days
2021 -4 days GBX-428.00K GBX112.06K/day GBX- GBX- ▼ -42 days
2020 38 days GBX4.49 Million GBX117.05K/day GBX- GBX- ▲ +38 days
2019 0 days GBX1.00 GBX92.85K/day GBX- GBX- ▼ -6 days
2018 6 days GBX558.00K GBX96.39K/day GBX- GBX- ▲ +6 days
2017 0 days GBX1.00 GBX153.78K/day GBX- GBX- ▼ -16 days
2016 16 days GBX3.68 Million GBX224.48K/day GBX- GBX- ▲ +11 days
2015 5 days GBX1.28 Million GBX257.80K/day GBX- GBX- ▲ +5 days
2014 0 days GBX1.00 GBX250.58K/day GBX- GBX- ▼ -1 days
2013 1 days GBX258.00K GBX191.20K/day GBX- GBX- ▼ -15 days
2012 16 days GBX2.81 Million GBX174.09K/day GBX- GBX- ▲ +16 days
2011 0 days GBX91.00 GBX61.61K/day GBX- GBX0.00 ▼ -31 days
2010 31 days GBX763.00K GBX25.00K/day GBX- GBX0.00 ▲ +2 days
2009 29 days GBX489.00K GBX17.09K/day GBX- GBX- ▲ +8 days
2008 21 days GBX457.00K GBX22.21K/day GBX- GBX0.00 ▼ -88 days
2007 108 days GBX1.70 Million GBX15.65K/day GBX- GBX- ▲ +61 days
2006 48 days GBX565.00K GBX11.88K/day GBX- GBX- ▲ +30 days
2005 18 days GBX170.65K GBX9.66K/day GBX- GBX63.65K ▼ -38 days
2004 56 days GBX135.00K GBX2.42K/day GBX- GBX27.00K ▼ -348 days
2003 403 days GBX95.00K GBX235.62/day GBX- GBX62.00K ▲ +240 days
2002 164 days GBX39.00K GBX238.36/day GBX- GBX29.00K ▲ +12 days
2001 151 days GBX29.00K GBX191.78/day GBX- GBX17.00K ▼ -1972 days
2000 2123 days GBX762.00K GBX358.90/day GBX- GBX501.00K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)