Metals Exploration Plc (MTL) — Defensive Interval Ratio

Latest as of June 2025: 319 days

Metals Exploration Plc (MTL) has a Defensive Interval Ratio of 319 days as of June 2025. Defensive assets of GBX13.35 Million (cash GBX-, short-term investments GBX-, receivables GBX13.35 Million) cover 319 days of daily cash needs of GBX41.82K/day. See working capital to net assets of Metals Exploration Plc to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

319 days
Days of operational coverage

Defensive Assets

GBX13.35 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX41.82K
Current Liabilities ÷ 365

Current Liabilities

GBX15.27 Million
GBX

Metals Exploration Plc Defensive Interval Ratio (2005–2024)

This chart shows how Metals Exploration Plc's Defensive Interval Ratio has evolved across 20 annual periods from 2005 to 2024. As of June 2025, the ratio stands at 319 days, meaning defensive assets of GBX13.35 Million can fund 319 days of operations without new revenue. See MTL net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Metals Exploration Plc (2005–2024)

The table below presents the year-by-year Defensive Interval Ratio for Metals Exploration Plc from 2005 to 2024, 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 how much is Metals Exploration Plc worth.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2024 112 days GBX10.06 Million GBX89.55K/day GBX- GBX- ▲ +69 days
2023 43 days GBX4.78 Million GBX110.46K/day GBX- GBX- ▼ -25 days
2022 68 days GBX7.94 Million GBX117.10K/day GBX- GBX- ▲ +7 days
2021 61 days GBX5.77 Million GBX94.51K/day GBX- GBX- ▼ -40 days
2020 101 days GBX11.48 Million GBX113.14K/day GBX- GBX- ▲ +92 days
2019 9 days GBX3.16 Million GBX348.36K/day GBX- GBX- ▼ -13 days
2018 22 days GBX5.94 Million GBX271.94K/day GBX- GBX- ▲ +22 days
2017 0 days GBX5.84K GBX137.85K/day GBX- GBX- ▲ +0 days
2016 0 days GBX2.00 GBX180.05K/day GBX- GBX- ▼ -7 days
2015 7 days GBX704.91K GBX107.46K/day GBX- GBX- ▼ -9 days
2014 16 days GBX838.31K GBX54.05K/day GBX- GBX- ▼ -111 days
2013 127 days GBX1.31 Million GBX10.37K/day GBX- GBX- ▼ -687 days
2012 813 days GBX8.98 Million GBX11.04K/day GBX- GBX- ▲ +809 days
2010 4 days GBX118.00K GBX28.86K/day GBX- GBX- ▼ -789 days
2009 793 days GBX2.66 Million GBX3.35K/day GBX- GBX654.88K ▲ +1214 days
2008 -421 days GBX-521.33K GBX1.24K/day GBX- GBX-521.33K ▼ -579 days
2008 158 days GBX188.00K GBX1.19K/day GBX- GBX- ▼ -2 days
2007 160 days GBX417.00K GBX2.61K/day GBX- GBX0.00 ▲ +138 days
2006 22 days GBX26.00K GBX1.21K/day GBX- GBX- ▲ +15 days
2005 6 days GBX6.00K GBX933.16/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)