Lundin Gold Inc (LUG) — Defensive Interval Ratio
Lundin Gold Inc (LUG) has a Defensive Interval Ratio of 312 days as of September 2025. Defensive assets of CA$221.03 Million (cash CA$-, short-term investments CA$0.00, receivables CA$221.03 Million) cover 312 days of daily cash needs of CA$707.93K/day. Check Lundin Gold Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Lundin Gold Inc Defensive Interval Ratio (1998–2024)
This chart shows how Lundin Gold Inc's Defensive Interval Ratio has evolved across 26 annual periods from 1998 to 2024. As of September 2025, the ratio stands at 312 days, meaning defensive assets of CA$221.03 Million can fund 312 days of operations without new revenue. Also explore LUG net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Lundin Gold Inc (1998–2024)
The table below presents the year-by-year Defensive Interval Ratio for Lundin Gold Inc from 1998 to 2024, covering 26 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 Lundin Gold Inc (LUG) total market value.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 475 days | CA$280.37 Million | CA$590.45K/day | CA$- | CA$124.42 Million | ▼ -92 days |
| 2023 | 567 days | CA$290.39 Million | CA$512.41K/day | CA$- | CA$197.35 Million | ▲ +429 days |
| 2022 | 138 days | CA$166.24 Million | CA$1.21 Million/day | CA$- | CA$79.80 Million | ▼ -284 days |
| 2021 | 421 days | CA$359.08 Million | CA$852.10K/day | CA$262.61 Million | CA$- | ▲ +150 days |
| 2020 | 271 days | CA$172.62 Million | CA$636.70K/day | CA$79.59 Million | CA$- | ▼ -32 days |
| 2019 | 303 days | CA$96.62 Million | CA$318.85K/day | CA$75.68 Million | CA$- | ▼ -1032 days |
| 2018 | 1335 days | CA$167.51 Million | CA$125.51K/day | CA$167.51 Million | CA$- | ▲ +725 days |
| 2017 | 610 days | CA$35.02 Million | CA$57.40K/day | CA$35.02 Million | CA$- | ▲ +200 days |
| 2016 | 411 days | CA$9.21 Million | CA$22.43K/day | CA$8.50 Million | CA$- | ▲ +364 days |
| 2014 | 47 days | CA$728.14K | CA$15.54K/day | CA$- | CA$- | ▼ -90 days |
| 2013 | 137 days | CA$26.18K | CA$191.66/day | CA$- | CA$- | ▼ -370 days |
| 2012 | 507 days | CA$45.89K | CA$90.50/day | CA$- | CA$- | ▲ +115 days |
| 2011 | 392 days | CA$31.66K | CA$80.84/day | CA$- | CA$- | ▲ +298 days |
| 2010 | 94 days | CA$26.89K | CA$286.77/day | CA$- | CA$- | ▲ +55 days |
| 2009 | 39 days | CA$66.25K | CA$1.72K/day | CA$- | CA$- | ▼ -1008 days |
| 2008 | 1046 days | CA$1.06 Million | CA$1.01K/day | CA$- | CA$- | ▲ +904 days |
| 2007 | 143 days | CA$409.12K | CA$2.87K/day | CA$- | CA$- | ▲ +122 days |
| 2006 | 20 days | CA$36.26K | CA$1.77K/day | CA$- | CA$- | ▼ -120 days |
| 2005 | 141 days | CA$64.03K | CA$454.92/day | CA$- | CA$- | ▲ +103 days |
| 2004 | 37 days | CA$50.89K | CA$1.36K/day | CA$- | CA$25.50K | ▼ -315 days |
| 2003 | 352 days | CA$80.82K | CA$229.28/day | CA$- | CA$77.11K | ▲ +155 days |
| 2002 | 197 days | CA$28.85K | CA$146.28/day | CA$- | CA$- | ▼ -631 days |
| 2001 | 828 days | CA$108.79K | CA$131.38/day | CA$- | CA$- | ▲ +672 days |
| 2000 | 157 days | CA$8.67K | CA$55.36/day | CA$- | CA$- | ▲ +128 days |
| 1999 | 28 days | CA$7.29K | CA$257.21/day | CA$- | CA$- | ▼ -106 days |
| 1998 | 135 days | CA$6.88K | CA$51.10/day | CA$- | CA$- | — |