MEG Energy Corp (MEG) — Defensive Interval Ratio
MEG Energy Corp (MEG) has a Defensive Interval Ratio of 6 days as of September 2025. Defensive assets of CA$9.00 Million (cash CA$-, short-term investments CA$-, receivables CA$9.00 Million) cover 6 days of daily cash needs of CA$1.44 Million/day. See MEG net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
MEG Energy Corp Defensive Interval Ratio (2008–2024)
This chart shows how MEG Energy Corp's Defensive Interval Ratio has evolved across 17 annual periods from 2008 to 2024. As of September 2025, the ratio stands at 6 days, meaning defensive assets of CA$9.00 Million can fund 6 days of operations without new revenue. See net asset quality index of MEG Energy Corp to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for MEG Energy Corp (2008–2024)
The table below presents the year-by-year Defensive Interval Ratio for MEG Energy Corp from 2008 to 2024, covering 17 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 MEG Energy Corp.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 6 days | CA$9.00 Million | CA$1.52 Million/day | CA$0.00 | CA$- | ▼ -285 days |
| 2023 | 291 days | CA$465.00 Million | CA$1.60 Million/day | CA$0.00 | CA$14.00 Million | ▲ +18 days |
| 2022 | 272 days | CA$488.00 Million | CA$1.79 Million/day | CA$0.00 | CA$13.00 Million | ▲ +71 days |
| 2021 | 201 days | CA$496.00 Million | CA$2.46 Million/day | CA$0.00 | CA$14.00 Million | ▼ -28 days |
| 2020 | 230 days | CA$278.00 Million | CA$1.21 Million/day | CA$0.00 | CA$15.00 Million | ▼ -18 days |
| 2019 | 248 days | CA$379.00 Million | CA$1.53 Million/day | CA$0.00 | CA$18.00 Million | ▲ +51 days |
| 2018 | 197 days | CA$251.50 Million | CA$1.28 Million/day | CA$40.89 Million | CA$10.00 Million | ▼ -128 days |
| 2017 | 325 days | CA$467.49 Million | CA$1.44 Million/day | CA$187.51 Million | CA$13.19 Million | ▲ +91 days |
| 2016 | 234 days | CA$232.62 Million | CA$994.99K/day | CA$0.00 | CA$13.57 Million | ▲ +20 days |
| 2015 | 214 days | CA$145.68 Million | CA$680.26K/day | CA$- | CA$15.49 Million | ▲ +77 days |
| 2014 | 137 days | CA$172.90 Million | CA$1.26 Million/day | CA$- | CA$5.34 Million | ▼ -12 days |
| 2013 | 148 days | CA$182.84 Million | CA$1.23 Million/day | CA$- | CA$7.91 Million | ▼ -336 days |
| 2012 | 484 days | CA$637.01 Million | CA$1.32 Million/day | CA$- | CA$533.00 Million | ▲ +158 days |
| 2011 | 326 days | CA$282.61 Million | CA$867.33K/day | CA$- | CA$151.94 Million | ▼ -298 days |
| 2010 | 624 days | CA$264.37 Million | CA$423.93K/day | CA$- | CA$167.41 Million | ▲ +517 days |
| 2009 | 107 days | CA$33.66 Million | CA$315.36K/day | CA$- | CA$- | ▲ +63 days |
| 2008 | 44 days | CA$13.81 Million | CA$313.60K/day | CA$- | CA$- | — |