Fortune Minerals Limited (FT) — Defensive Interval Ratio

Latest as of June 2026: 15 days

Fortune Minerals Limited (FT) has a Defensive Interval Ratio of 15 days as of June 2026. Defensive assets of CA$625.76K (cash CA$-, short-term investments CA$-, receivables CA$625.76K) cover 15 days of daily cash needs of CA$41.00K/day.

Defensive Interval Ratio

15 days
Days of operational coverage

Defensive Assets

CA$625.76K
Cash + ST Investments + Receivables

Daily Cash Need

CA$41.00K
Current Liabilities ÷ 365

Current Liabilities

CA$14.96 Million
CAD

Fortune Minerals Limited Defensive Interval Ratio (1996–2025)

This chart shows how Fortune Minerals Limited's Defensive Interval Ratio has evolved across 30 annual periods from 1996 to 2025. As of June 2026, the ratio stands at 15 days, meaning defensive assets of CA$625.76K can fund 15 days of operations without new revenue. For the complete balance sheet picture, see total assets of Fortune Minerals Limited.

Annual Defensive Interval Ratio for Fortune Minerals Limited (1996–2025)

The table below presents the year-by-year Defensive Interval Ratio for Fortune Minerals Limited from 1996 to 2025, covering 30 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 Fortune Minerals Limited (FT) liquidity to equity ratio 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 69 days CA$3.79 Million CA$55.15K/day CA$2.26 Million CA$- ▲ +16 days
2024 53 days CA$2.32 Million CA$43.69K/day CA$1.59 Million CA$- ▲ +27 days
2023 26 days CA$699.97K CA$26.62K/day CA$673.64K CA$- ▲ +19 days
2022 7 days CA$160.73K CA$22.64K/day CA$78.65K CA$- ▼ -54 days
2021 61 days CA$2.00 Million CA$32.63K/day CA$1.80 Million CA$- ▼ -777 days
2020 838 days CA$1.15 Million CA$1.37K/day CA$1.08 Million CA$- ▼ -911 days
2019 1749 days CA$2.60 Million CA$1.48K/day CA$2.10 Million CA$- ▼ -2459 days
2018 4207 days CA$3.71 Million CA$881.93/day CA$3.61 Million CA$- ▼ -2111 days
2017 6318 days CA$8.77 Million CA$1.39K/day CA$8.52 Million CA$- ▲ +4279 days
2016 2039 days CA$1.00 Million CA$492.47/day CA$940.07K CA$- ▲ +1893 days
2015 146 days CA$147.81K CA$1.02K/day CA$- CA$25.00K ▲ +145 days
2014 1 days CA$202.37K CA$207.31K/day CA$- CA$- ▼ -28 days
2013 29 days CA$371.87K CA$12.62K/day CA$- CA$- ▲ +8 days
2012 21 days CA$275.54K CA$13.12K/day CA$- CA$- ▲ +2 days
2011 19 days CA$304.19K CA$15.77K/day CA$- CA$- ▼ -95 days
2010 114 days CA$466.98K CA$4.08K/day CA$- CA$- ▲ +52 days
2009 62 days CA$641.64K CA$10.37K/day CA$- CA$- ▲ +17 days
2008 45 days CA$353.33K CA$7.79K/day CA$- CA$- ▼ -156 days
2007 202 days CA$728.24K CA$3.61K/day CA$- CA$- ▼ -344 days
2006 546 days CA$1.67 Million CA$3.05K/day CA$- CA$267.87K ▼ -21 days
2005 567 days CA$1.11 Million CA$1.96K/day CA$- CA$267.87K ▲ +223 days
2004 344 days CA$715.50K CA$2.08K/day CA$- CA$268.87K ▼ -2581 days
2003 2925 days CA$1.40 Million CA$479.06/day CA$- CA$1.27 Million ▲ +95 days
2002 2830 days CA$603.67K CA$213.30/day CA$- CA$470.00K ▼ -1380 days
2001 4210 days CA$1.05 Million CA$249.60/day CA$- CA$949.94K ▼ -7457 days
2000 11667 days CA$3.01 Million CA$257.70/day CA$- CA$2.71 Million ▲ +5097 days
1999 6570 days CA$3.60 Million CA$547.95/day CA$- CA$3.30 Million ▲ +2555 days
1998 4015 days CA$1.10 Million CA$273.97/day CA$- CA$800.00K ▼ -1643 days
1997 5658 days CA$3.10 Million CA$547.95/day CA$- CA$2.70 Million ▼ -3468 days
1996 9125 days CA$2.50 Million CA$273.97/day CA$- CA$2.30 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)