MDA Ltd (MDA) — Defensive Interval Ratio
MDA Ltd (MDA) has a Defensive Interval Ratio of 115 days as of March 2026. Defensive assets of CA$412.80 Million (cash CA$-, short-term investments CA$-, receivables CA$412.80 Million) cover 115 days of daily cash needs of CA$3.58 Million/day. Check MDA Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
MDA Ltd Defensive Interval Ratio (2018–2025)
This chart shows how MDA Ltd's Defensive Interval Ratio has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 115 days, meaning defensive assets of CA$412.80 Million can fund 115 days of operations without new revenue. Also explore how fast is MDA Ltd growing its equity to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for MDA Ltd (2018–2025)
The table below presents the year-by-year Defensive Interval Ratio for MDA Ltd from 2018 to 2025, covering 8 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 market value of MDA Ltd.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 107 days | CA$385.70 Million | CA$3.61 Million/day | CA$- | CA$- | ▼ -20 days |
| 2024 | 127 days | CA$380.00 Million | CA$2.99 Million/day | CA$- | CA$- | ▼ -286 days |
| 2023 | 413 days | CA$422.40 Million | CA$1.02 Million/day | CA$22.50 Million | CA$- | ▲ +11 days |
| 2022 | 402 days | CA$350.90 Million | CA$872.88K/day | CA$39.30 Million | CA$- | ▼ -39 days |
| 2021 | 441 days | CA$273.00 Million | CA$618.90K/day | CA$83.60 Million | CA$- | ▼ -24 days |
| 2020 | 465 days | CA$309.00 Million | CA$664.11K/day | CA$78.60 Million | CA$- | ▲ +3 days |
| 2019 | 463 days | CA$319.10 Million | CA$689.86K/day | CA$- | CA$- | ▲ +45 days |
| 2018 | 417 days | CA$257.90 Million | CA$617.81K/day | CA$- | CA$- | — |