Metals Exploration Plc (MTL) — Defensive Interval Ratio

Latest as of December 2025: 184 days

Metals Exploration Plc (MTL) has a Defensive Interval Ratio of 184 days as of December 2025. Defensive assets of GBX16.27 Million (cash GBX-, short-term investments GBX-, receivables GBX16.27 Million) cover 184 days of daily cash needs of GBX88.42K/day.

Defensive Interval Ratio

184 days
Days of operational coverage

Defensive Assets

GBX16.27 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX88.42K
Current Liabilities ÷ 365

Current Liabilities

GBX32.27 Million
GBX

Metals Exploration Plc Defensive Interval Ratio (2005–2025)

This chart shows how Metals Exploration Plc's Defensive Interval Ratio has evolved across 21 annual periods from 2005 to 2025. As of December 2025, the ratio stands at 184 days, meaning defensive assets of GBX16.27 Million can fund 184 days of operations without new revenue. For the complete balance sheet picture, see MTL asset base.

Annual Defensive Interval Ratio for Metals Exploration Plc (2005–2025)

The table below presents the year-by-year Defensive Interval Ratio for Metals Exploration Plc from 2005 to 2025, covering 21 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See MTL working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2025 184 days GBX16.27 Million GBX88.42K/day GBX- GBX- ▲ +72 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- ▲ +93 days
2019 9 days GBX3.06 Million GBX348.36K/day GBX- GBX- ▼ -13 days
2018 22 days GBX5.94 Million GBX271.94K/day GBX- GBX- ▲ +4 days
2017 18 days GBX1.79 Million GBX102.00K/day GBX- GBX11.47K ▼ -19 days
2016 37 days GBX5.36 Million GBX146.64K/day GBX- GBX2.85 Million ▼ -28 days
2015 65 days GBX4.71 Million GBX72.72K/day GBX- GBX4.01 Million ▲ +40 days
2014 25 days GBX838.31K GBX33.66K/day GBX- GBX- ▼ -181 days
2013 206 days GBX1.31 Million GBX6.38K/day GBX- GBX- ▼ -4271 days
2012 4476 days GBX31.61 Million GBX7.06K/day GBX- GBX22.63 Million ▲ +4470 days
2010 6 days GBX118.43K GBX18.65K/day GBX- GBX- ▼ -1150 days
2009 1156 days GBX2.41 Million GBX2.08K/day GBX- GBX407.31K ▲ +1889 days
2008 -732 days GBX-521.33K GBX711.73/day GBX- GBX-521.33K ▼ -891 days
2008 158 days GBX188.00K GBX1.19K/day GBX- GBX- ▼ -167 days
2007 325 days GBX417.00K GBX1.28K/day GBX- GBX0.00 ▲ +284 days
2006 41 days GBX26.21K GBX640.21/day GBX- GBX- ▲ +29 days
2005 12 days GBX6.34K GBX528.78/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)