Franco-Nevada Corporation (FNV) — Defensive Interval Ratio

Latest as of June 2026: 1939 days

Franco-Nevada Corporation (FNV) has a Defensive Interval Ratio of 1939 days as of June 2026. Defensive assets of CA$785.02 Million (cash CA$-, short-term investments CA$527.54 Million, receivables CA$257.48 Million) cover 1939 days of daily cash needs of CA$404.82K/day.

Defensive Interval Ratio

1939 days
Days of operational coverage

Defensive Assets

CA$785.02 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$404.82K
Current Liabilities ÷ 365

Current Liabilities

CA$147.76 Million
CAD

Franco-Nevada Corporation Defensive Interval Ratio (2007–2025)

This chart shows how Franco-Nevada Corporation's Defensive Interval Ratio has evolved across 19 annual periods from 2007 to 2025. As of June 2026, the ratio stands at 1939 days, meaning defensive assets of CA$785.02 Million can fund 1939 days of operations without new revenue. For the complete balance sheet picture, see how large is Franco-Nevada Corporation's balance sheet.

Annual Defensive Interval Ratio for Franco-Nevada Corporation (2007–2025)

The table below presents the year-by-year Defensive Interval Ratio for Franco-Nevada Corporation from 2007 to 2025, covering 19 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 working capital to net assets of Franco-Nevada Corporation to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 2171 days CA$730.20 Million CA$336.37K/day CA$237.00 Million CA$236.57 Million ▼ -2268 days
2024 4439 days CA$820.90 Million CA$184.93K/day CA$663.20 Million CA$- ▼ -4438 days
2023 8877 days CA$953.40 Million CA$107.40K/day CA$850.50 Million CA$-8.10 Million ▼ -1634 days
2022 10511 days CA$1.45 Billion CA$137.53K/day CA$655.10 Million CA$654.80 Million ▲ +9337 days
2021 1174 days CA$138.99 Million CA$118.36K/day CA$9.60 Million CA$9.59 Million ▲ +389 days
2020 785 days CA$114.40 Million CA$145.75K/day CA$10.50 Million CA$10.50 Million ▼ -67 days
2019 852 days CA$124.60 Million CA$146.30K/day CA$13.40 Million CA$13.40 Million ▼ -870 days
2018 1721 days CA$117.90 Million CA$68.49K/day CA$9.40 Million CA$33.00 Million ▼ -15 days
2017 1736 days CA$107.50 Million CA$61.92K/day CA$41.60 Million CA$- ▲ +361 days
2016 1376 days CA$141.70 Million CA$103.01K/day CA$70.60 Million CA$0.00 ▼ -97 days
2015 1472 days CA$83.90 Million CA$56.99K/day CA$- CA$18.80 Million ▲ +225 days
2014 1247 days CA$72.10 Million CA$57.81K/day CA$- CA$- ▲ +562 days
2013 686 days CA$96.00 Million CA$140.00K/day CA$- CA$18.00 Million ▼ -803 days
2012 1488 days CA$231.60 Million CA$155.62K/day CA$- CA$148.20 Million ▲ +681 days
2011 808 days CA$95.80 Million CA$118.63K/day CA$- CA$16.70 Million ▼ -1700 days
2010 2508 days CA$181.21 Million CA$72.26K/day CA$- CA$133.81 Million ▼ -13056 days
2009 15564 days CA$404.27 Million CA$25.98K/day CA$- CA$377.48 Million ▲ +9117 days
2008 6447 days CA$164.44 Million CA$25.51K/day CA$- CA$141.58 Million ▲ +6141 days
2007 306 days CA$3.28 Million CA$10.73K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)