Magellan Aerospace Corporation (MAL) — Defensive Interval Ratio

Latest as of March 2026: 450 days

Magellan Aerospace Corporation (MAL) has a Defensive Interval Ratio of 450 days as of March 2026. Defensive assets of CA$352.52 Million (cash CA$-, short-term investments CA$-, receivables CA$352.52 Million) cover 450 days of daily cash needs of CA$783.19K/day.

Defensive Interval Ratio

450 days
Days of operational coverage

Defensive Assets

CA$352.52 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$783.19K
Current Liabilities ÷ 365

Current Liabilities

CA$285.86 Million
CAD

Magellan Aerospace Corporation Defensive Interval Ratio (1992–2025)

This chart shows how Magellan Aerospace Corporation's Defensive Interval Ratio has evolved across 34 annual periods from 1992 to 2025. As of March 2026, the ratio stands at 450 days, meaning defensive assets of CA$352.52 Million can fund 450 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Magellan Aerospace Corporation.

Annual Defensive Interval Ratio for Magellan Aerospace Corporation (1992–2025)

The table below presents the year-by-year Defensive Interval Ratio for Magellan Aerospace Corporation from 1992 to 2025, covering 34 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 Magellan Aerospace Corporation (MAL) working capital 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 522 days CA$340.75 Million CA$652.51K/day CA$40.78 Million CA$- ▲ +28 days
2024 495 days CA$322.09 Million CA$651.34K/day CA$31.24 Million CA$- ▼ -45 days
2023 539 days CA$289.06 Million CA$536.02K/day CA$5.55 Million CA$3.08 Million ▲ +61 days
2022 478 days CA$237.76 Million CA$497.42K/day CA$2.75 Million CA$- ▼ -197 days
2021 675 days CA$247.23 Million CA$366.16K/day CA$16.66 Million CA$- ▲ +116 days
2020 560 days CA$252.71 Million CA$451.52K/day CA$67.91 Million CA$- ▲ +28 days
2019 531 days CA$291.30 Million CA$548.08K/day CA$35.53 Million CA$- ▼ -45 days
2018 576 days CA$313.85 Million CA$544.66K/day CA$59.52 Million CA$- ▲ +190 days
2017 386 days CA$225.65 Million CA$584.68K/day CA$25.77 Million CA$- ▲ +99 days
2016 287 days CA$180.52 Million CA$628.36K/day CA$7.61 Million CA$- ▲ +9 days
2015 279 days CA$163.19 Million CA$585.60K/day CA$- CA$- ▲ +22 days
2014 256 days CA$124.29 Million CA$484.91K/day CA$- CA$- ▲ +116 days
2013 141 days CA$109.69 Million CA$779.42K/day CA$- CA$- ▼ -175 days
2012 316 days CA$133.41 Million CA$422.11K/day CA$- CA$- ▼ -8 days
2011 324 days CA$105.21 Million CA$324.75K/day CA$- CA$- ▲ +224 days
2010 100 days CA$84.29 Million CA$846.61K/day CA$- CA$- ▼ -9 days
2009 108 days CA$82.49 Million CA$762.42K/day CA$- CA$- ▲ +39 days
2008 69 days CA$67.44 Million CA$973.16K/day CA$- CA$- ▲ +22 days
2007 47 days CA$35.66 Million CA$754.96K/day CA$- CA$- ▼ -31 days
2006 78 days CA$58.07 Million CA$746.75K/day CA$- CA$- ▼ -18 days
2005 96 days CA$62.86 Million CA$654.80K/day CA$- CA$- ▼ -16 days
2004 112 days CA$70.97 Million CA$632.03K/day CA$- CA$- ▼ -42 days
2003 154 days CA$82.73 Million CA$535.96K/day CA$- CA$- ▲ +17 days
2002 137 days CA$76.06 Million CA$554.55K/day CA$- CA$- ▼ -32 days
2001 169 days CA$89.80 Million CA$529.82K/day CA$- CA$- ▼ -58 days
2000 228 days CA$110.37 Million CA$484.90K/day CA$- CA$- ▲ +22 days
1999 205 days CA$91.10 Million CA$443.56K/day CA$- CA$- ▲ +17 days
1998 188 days CA$71.80 Million CA$381.37K/day CA$- CA$- ▼ -26 days
1997 214 days CA$58.90 Million CA$274.79K/day CA$- CA$- ▲ +18 days
1996 197 days CA$25.10 Million CA$127.67K/day CA$- CA$- ▲ +94 days
1995 103 days CA$8.60 Million CA$83.84K/day CA$- CA$- ▲ +56 days
1994 47 days CA$8.50 Million CA$182.47K/day CA$- CA$- ▼ -85 days
1993 132 days CA$17.20 Million CA$130.68K/day CA$- CA$- ▲ +15 days
1992 117 days CA$8.90 Million CA$76.16K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)