Clearmind Medicine Inc. Common Shares (CMND) — Defensive Interval Ratio

Latest as of January 2026: 192 days

Clearmind Medicine Inc. Common Shares (CMND) has a Defensive Interval Ratio of 192 days as of January 2026. Defensive assets of $1.53 Million (cash $-, short-term investments $1.09 Million, receivables $437.38K) cover 192 days of daily cash needs of $7.95K/day. Check tangible net worth ratio of Clearmind Medicine Inc. Common Shares to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

192 days
Days of operational coverage

Defensive Assets

$1.53 Million
Cash + ST Investments + Receivables

Daily Cash Need

$7.95K
Current Liabilities ÷ 365

Current Liabilities

$2.90 Million
USD

Clearmind Medicine Inc. Common Shares Defensive Interval Ratio (2017–2025)

This chart shows how Clearmind Medicine Inc. Common Shares's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of January 2026, the ratio stands at 192 days, meaning defensive assets of $1.53 Million can fund 192 days of operations without new revenue. Also explore Clearmind Medicine Inc. Common Shares annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Clearmind Medicine Inc. Common Shares (2017–2025)

The table below presents the year-by-year Defensive Interval Ratio for Clearmind Medicine Inc. Common Shares from 2017 to 2025, 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 CMND market cap overview.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 148 days $1.98 Million $13.40K/day $- $1.66 Million ▲ +107 days
2024 42 days $654.61K $15.76K/day $- $402.83K ▲ +18 days
2023 24 days $326.43K $13.62K/day $- $86.11K ▼ -31 days
2022 55 days $395.88K $7.19K/day $- $262.98K ▼ -109 days
2021 164 days $129.80K $789.57/day $- $0.00 ▲ +79 days
2020 85 days $2.35K $27.48/day $- $- ▲ +60 days
2019 25 days $2.35K $92.73/day $- $- ▼ -378 days
2018 404 days $6.44K $15.96/day $- $- ▲ +402 days
2017 2 days $289.19 $140.50/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)