Mill City Ventures III Ltd (MCVT) — Defensive Interval Ratio

Latest as of June 2025: 68826 days

Mill City Ventures III Ltd (MCVT) has a Defensive Interval Ratio of 68826 days as of June 2025. Defensive assets of $7.11 Million (cash $-, short-term investments $6.69 Million, receivables $419.86K) cover 68826 days of daily cash needs of $103.23/day. Check tangible equity quality of Mill City Ventures III Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

68826 days
Days of operational coverage

Defensive Assets

$7.11 Million
Cash + ST Investments + Receivables

Daily Cash Need

$103.23
Current Liabilities ÷ 365

Current Liabilities

$37.68K
USD

Mill City Ventures III Ltd Defensive Interval Ratio (2013–2024)

This chart shows how Mill City Ventures III Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of June 2025, the ratio stands at 68826 days, meaning defensive assets of $7.11 Million can fund 68826 days of operations without new revenue. Also explore Mill City Ventures III Ltd (MCVT) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Mill City Ventures III Ltd (2013–2024)

The table below presents the year-by-year Defensive Interval Ratio for Mill City Ventures III Ltd from 2013 to 2024, covering 12 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 Mill City Ventures III Ltd (MCVT) total market value.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 1704 days $191.92K $112.62/day $- $- ▼ -77061 days
2023 78765 days $17.48 Million $221.88/day $- $16.96 Million ▲ +36556 days
2022 42209 days $15.79 Million $374.01/day $- $15.29 Million ▲ +39938 days
2021 2272 days $12.22 Million $5.38K/day $- $11.65 Million ▲ +279 days
2020 1993 days $3.12 Million $1.57K/day $- $2.79 Million ▼ -1753 days
2019 3745 days $256.50K $68.48/day $- $- ▲ +711 days
2018 3034 days $341.90K $112.67/day $- $0.00 ▲ +2307 days
2017 727 days $306.69K $421.85/day $- $0.00 ▲ +678 days
2016 49 days $4.85K $99.92/day $- $0.00 ▼ -45 days
2015 94 days $23.84K $254.31/day $- $0.00 ▼ -1030 days
2014 1124 days $141.90K $126.28/day $- $0.00 ▲ +1061 days
2013 62 days $4.54K $73.02/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)