Meridian Mining UK Societas (MNO) — Defensive Interval Ratio

Latest as of December 2021: 7 days

Meridian Mining UK Societas (MNO) has a Defensive Interval Ratio of 7 days as of December 2021. Defensive assets of CA$41.75K (cash CA$-, short-term investments CA$-, receivables CA$41.75K) cover 7 days of daily cash needs of CA$5.94K/day. See MNO working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

7 days
Days of operational coverage

Defensive Assets

CA$41.75K
Cash + ST Investments + Receivables

Daily Cash Need

CA$5.94K
Current Liabilities ÷ 365

Current Liabilities

CA$2.17 Million
CAD

Meridian Mining UK Societas Defensive Interval Ratio (1999–2021)

This chart shows how Meridian Mining UK Societas's Defensive Interval Ratio has evolved across 22 annual periods from 1999 to 2021. As of December 2021, the ratio stands at 7 days, meaning defensive assets of CA$41.75K can fund 7 days of operations without new revenue. See MNO net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Meridian Mining UK Societas (1999–2021)

The table below presents the year-by-year Defensive Interval Ratio for Meridian Mining UK Societas from 1999 to 2021, covering 22 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 Meridian Mining UK Societas.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2021 7 days CA$41.75K CA$5.94K/day CA$- CA$- ▼ -5 days
2020 12 days CA$43.33K CA$3.70K/day CA$- CA$- ▲ +1 days
2019 11 days CA$822.25K CA$73.81K/day CA$- CA$- ▼ -182 days
2018 193 days CA$1.28 Million CA$6.60K/day CA$- CA$- ▲ +182 days
2017 11 days CA$512.37K CA$45.70K/day CA$- CA$- ▼ -198 days
2016 210 days CA$3.34 Million CA$15.93K/day CA$- CA$- ▲ +101 days
2015 109 days CA$352.46K CA$3.24K/day CA$- CA$- ▲ +97 days
2014 12 days CA$9.44K CA$783.88/day CA$- CA$- ▼ -4 days
2013 16 days CA$25.97K CA$1.63K/day CA$- CA$- ▲ +9 days
2012 7 days CA$21.02K CA$3.12K/day CA$- CA$- ▼ -23 days
2011 30 days CA$151.05K CA$5.07K/day CA$- CA$- ▼ -27 days
2010 57 days CA$193.97K CA$3.39K/day CA$- CA$- ▲ +46 days
2008 11 days CA$62.38K CA$5.65K/day CA$- CA$- ▼ -77 days
2007 88 days CA$257.74K CA$2.91K/day CA$- CA$- ▲ +70 days
2006 19 days CA$46.42K CA$2.49K/day CA$- CA$- ▲ +10 days
2005 8 days CA$21.08K CA$2.49K/day CA$- CA$- ▼ -4 days
2004 12 days CA$7.56K CA$605.31/day CA$- CA$- ▼ -1 days
2003 13 days CA$7.82K CA$597.60/day CA$- CA$- ▲ +5 days
2002 8 days CA$1.90K CA$227.76/day CA$- CA$- ▲ +7 days
2001 1 days CA$2.80K CA$2.31K/day CA$- CA$- ▲ +1 days
2000 0 days CA$375.97 CA$2.18K/day CA$- CA$- ▼ 0 days
1999 0 days CA$610.98 CA$2.21K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)