Mandalay Resources Corp (MND) — Defensive Interval Ratio

Latest as of March 2025: 179 days

Mandalay Resources Corp (MND) has a Defensive Interval Ratio of 179 days as of March 2025. Defensive assets of CA$30.81 Million (cash CA$-, short-term investments CA$-, receivables CA$30.81 Million) cover 179 days of daily cash needs of CA$172.50K/day. Check MND goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

179 days
Days of operational coverage

Defensive Assets

CA$30.81 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$172.50K
Current Liabilities ÷ 365

Current Liabilities

CA$62.96 Million
CAD

Mandalay Resources Corp Defensive Interval Ratio (1999–2024)

This chart shows how Mandalay Resources Corp's Defensive Interval Ratio has evolved across 26 annual periods from 1999 to 2024. As of March 2025, the ratio stands at 179 days, meaning defensive assets of CA$30.81 Million can fund 179 days of operations without new revenue. Also explore MND net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Mandalay Resources Corp (1999–2024)

The table below presents the year-by-year Defensive Interval Ratio for Mandalay Resources Corp from 1999 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 market cap of Mandalay Resources Corp.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 133 days CA$19.23 Million CA$144.19K/day CA$- CA$0.00 ▼ -189 days
2023 322 days CA$28.16 Million CA$87.41K/day CA$- CA$1.92 Million ▲ +166 days
2022 156 days CA$15.96 Million CA$101.99K/day CA$- CA$2.75 Million ▼ -60 days
2021 216 days CA$46.45 Million CA$214.81K/day CA$- CA$3.40 Million ▲ +131 days
2020 85 days CA$17.32 Million CA$203.50K/day CA$- CA$0.00 ▲ +43 days
2019 42 days CA$11.89 Million CA$284.93K/day CA$- CA$- ▼ -12 days
2018 54 days CA$13.07 Million CA$241.35K/day CA$- CA$73.00K ▼ -111 days
2017 165 days CA$27.34 Million CA$165.66K/day CA$- CA$159.00K ▼ -146 days
2016 311 days CA$93.40 Million CA$300.44K/day CA$66.92 Million CA$261.00K ▲ +213 days
2015 97 days CA$21.96 Million CA$225.32K/day CA$- CA$- ▼ -39 days
2014 136 days CA$32.14 Million CA$235.78K/day CA$- CA$- ▼ -137 days
2013 273 days CA$18.58 Million CA$68.09K/day CA$- CA$- ▼ -190 days
2012 463 days CA$28.79 Million CA$62.25K/day CA$- CA$- ▲ +297 days
2011 166 days CA$11.23 Million CA$67.76K/day CA$- CA$- ▼ -153 days
2010 319 days CA$11.99 Million CA$37.58K/day CA$- CA$- ▲ +286 days
2009 33 days CA$489.24K CA$14.82K/day CA$- CA$- ▲ +33 days
2008 0 days CA$747.74 CA$2.30K/day CA$- CA$- ▼ -73 days
2007 73 days CA$61.35K CA$835.56/day CA$- CA$- ▼ -5 days
2006 78 days CA$31.19K CA$397.83/day CA$- CA$- ▲ +24 days
2005 55 days CA$13.27K CA$242.61/day CA$- CA$- ▲ +36 days
2004 18 days CA$12.33K CA$674.87/day CA$- CA$- ▼ -50 days
2003 69 days CA$13.69K CA$199.28/day CA$- CA$- ▲ +39 days
2002 30 days CA$5.74K CA$193.50/day CA$- CA$- ▼ -295 days
2001 324 days CA$26.59K CA$82.00/day CA$- CA$- ▲ +270 days
2000 54 days CA$10.49K CA$193.77/day CA$- CA$- ▲ +36 days
1999 18 days CA$702.19 CA$38.57/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)