HudBay Minerals Inc (HBM) — Defensive Interval Ratio

Latest as of March 2026: 107 days

HudBay Minerals Inc (HBM) has a Defensive Interval Ratio of 107 days as of March 2026. Defensive assets of CA$335.14 Million (cash CA$-, short-term investments CA$-, receivables CA$335.14 Million) cover 107 days of daily cash needs of CA$3.14 Million/day. Check how tangible is HudBay Minerals Inc's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

107 days
Days of operational coverage

Defensive Assets

CA$335.14 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$3.14 Million
Current Liabilities ÷ 365

Current Liabilities

CA$1.15 Billion
CAD

HudBay Minerals Inc Defensive Interval Ratio (1997–2025)

This chart shows how HudBay Minerals Inc's Defensive Interval Ratio has evolved across 29 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 107 days, meaning defensive assets of CA$335.14 Million can fund 107 days of operations without new revenue. Also explore HudBay Minerals Inc (HBM) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for HudBay Minerals Inc (1997–2025)

The table below presents the year-by-year Defensive Interval Ratio for HudBay Minerals Inc from 1997 to 2025, covering 29 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 HBM market cap overview.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 113 days CA$378.31 Million CA$3.36 Million/day CA$- CA$0.00 ▼ -443 days
2024 556 days CA$818.40 Million CA$1.47 Million/day CA$541.80 Million CA$40.00 Million ▲ +271 days
2023 286 days CA$420.32 Million CA$1.47 Million/day CA$249.79 Million CA$722.00K ▲ +186 days
2022 100 days CA$122.33 Million CA$1.23 Million/day CA$- CA$0.00 ▼ -241 days
2021 341 days CA$475.07 Million CA$1.40 Million/day CA$270.99 Million CA$- ▼ -142 days
2020 482 days CA$592.78 Million CA$1.23 Million/day CA$439.13 Million CA$- ▲ +6 days
2019 477 days CA$511.48 Million CA$1.07 Million/day CA$396.15 Million CA$2.05 Million ▲ +344 days
2018 133 days CA$119.16 Million CA$896.34K/day CA$- CA$0.00 ▼ -394 days
2017 527 days CA$514.87 Million CA$977.72K/day CA$356.50 Million CA$2.84 Million ▲ +306 days
2016 220 days CA$190.30 Million CA$863.19K/day CA$- CA$20.41 Million ▼ -21 days
2015 241 days CA$249.30 Million CA$1.03 Million/day CA$- CA$- ▲ +52 days
2014 189 days CA$193.81 Million CA$1.02 Million/day CA$- CA$- ▼ -29 days
2013 219 days CA$192.40 Million CA$880.08K/day CA$- CA$- ▲ +94 days
2012 124 days CA$107.32 Million CA$863.30K/day CA$- CA$- ▲ +39 days
2011 86 days CA$45.12 Million CA$526.64K/day CA$- CA$- ▼ -39 days
2010 125 days CA$78.25 Million CA$625.57K/day CA$- CA$- ▼ -4 days
2009 129 days CA$52.60 Million CA$407.34K/day CA$- CA$- ▼ 0 days
2008 130 days CA$56.60 Million CA$436.65K/day CA$- CA$- ▼ -7 days
2007 137 days CA$72.21 Million CA$528.44K/day CA$- CA$- ▼ -107 days
2006 244 days CA$113.48 Million CA$465.93K/day CA$- CA$- ▲ +116 days
2005 127 days CA$38.49 Million CA$302.29K/day CA$- CA$- ▼ -112 days
2004 239 days CA$60.90 Million CA$254.75K/day CA$- CA$- ▼ -473 days
2003 712 days CA$1.54 Million CA$2.17K/day CA$- CA$- ▲ +536 days
2002 175 days CA$301.31K CA$1.72K/day CA$- CA$- ▼ -28 days
2001 203 days CA$557.43K CA$2.74K/day CA$- CA$- ▲ +187 days
2000 17 days CA$26.61K CA$1.60K/day CA$- CA$- ▼ -4 days
1999 21 days CA$31.07K CA$1.50K/day CA$- CA$- ▲ +14 days
1998 7 days CA$21.07K CA$3.18K/day CA$- CA$- ▲ +0 days
1997 6 days CA$18.20K CA$2.92K/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)