Mullen Group Ltd. (MTL) — Defensive Interval Ratio

Latest as of December 2025: 657 days

Mullen Group Ltd. (MTL) has a Defensive Interval Ratio of 657 days as of December 2025. Defensive assets of CA$468.09 Million (cash CA$144.64 Million, short-term investments CA$4.25 Million, receivables CA$319.21 Million) cover 657 days of daily cash needs of CA$712.73K/day. Check MTL tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

657 days
Days of operational coverage

Defensive Assets

CA$468.09 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$712.73K
Current Liabilities ÷ 365

Current Liabilities

CA$260.14 Million
CAD

Mullen Group Ltd. Defensive Interval Ratio (1996–2025)

This chart shows how Mullen Group Ltd.'s Defensive Interval Ratio has evolved across 30 annual periods from 1996 to 2025. As of December 2025, the ratio stands at 657 days, meaning defensive assets of CA$468.09 Million can fund 657 days of operations without new revenue. Also explore MTL year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Mullen Group Ltd. (1996–2025)

The table below presents the year-by-year Defensive Interval Ratio for Mullen Group Ltd. from 1996 to 2025, covering 30 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 Mullen Group Ltd..

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 657 days CA$468.09 Million CA$712.73K/day CA$144.64 Million CA$4.25 Million ▼ -75 days
2024 732 days CA$427.06 Million CA$583.40K/day CA$126.29 Million CA$983.00K ▲ +522 days
2023 210 days CA$289.47 Million CA$1.38 Million/day CA$2.29 Million CA$169.00K ▼ -286 days
2022 497 days CA$299.34 Million CA$602.72K/day CA$8.76 Million CA$155.00K ▼ -32 days
2021 529 days CA$374.08 Million CA$707.69K/day CA$0.00 CA$119.17 Million ▼ -511 days
2020 1039 days CA$302.40 Million CA$290.96K/day CA$105.34 Million CA$1.08 Million ▲ +1 days
2019 1038 days CA$301.64 Million CA$290.48K/day CA$79.02 Million CA$788.00K ▲ +450 days
2018 589 days CA$226.41 Million CA$384.72K/day CA$3.92 Million CA$0.00 ▼ -67 days
2017 656 days CA$317.21 Million CA$483.62K/day CA$134.53 Million CA$- ▼ -39 days
2016 695 days CA$430.37 Million CA$619.39K/day CA$270.29 Million CA$- ▲ +330 days
2015 365 days CA$165.98 Million CA$454.95K/day CA$- CA$- ▼ -247 days
2014 612 days CA$215.67 Million CA$352.61K/day CA$- CA$- ▼ -101 days
2013 713 days CA$240.80 Million CA$337.81K/day CA$- CA$- ▲ +171 days
2012 542 days CA$221.51 Million CA$408.49K/day CA$- CA$- ▼ -48 days
2011 590 days CA$263.50 Million CA$446.33K/day CA$- CA$- ▼ -14 days
2010 604 days CA$243.52 Million CA$402.96K/day CA$- CA$37.71 Million ▲ +115 days
2009 489 days CA$157.15 Million CA$321.20K/day CA$- CA$6.10 Million ▼ -215 days
2008 704 days CA$245.29 Million CA$348.25K/day CA$- CA$- ▲ +118 days
2007 586 days CA$186.96 Million CA$318.93K/day CA$- CA$- ▲ +28 days
2006 558 days CA$216.38 Million CA$387.53K/day CA$- CA$- ▲ +53 days
2005 506 days CA$115.34 Million CA$228.11K/day CA$- CA$- ▼ -3 days
2004 509 days CA$78.19 Million CA$153.61K/day CA$- CA$- ▼ -65 days
2003 574 days CA$77.88 Million CA$135.65K/day CA$- CA$- ▲ +31 days
2002 543 days CA$61.64 Million CA$113.42K/day CA$- CA$- ▼ -66 days
2001 610 days CA$49.53 Million CA$81.22K/day CA$- CA$- ▲ +32 days
2000 578 days CA$69.38 Million CA$119.99K/day CA$- CA$- ▼ -121 days
1999 699 days CA$44.80 Million CA$64.11K/day CA$- CA$- ▲ +234 days
1998 465 days CA$28.00 Million CA$60.27K/day CA$- CA$- ▼ -42 days
1997 507 days CA$35.70 Million CA$70.41K/day CA$- CA$- ▼ -61 days
1996 568 days CA$32.50 Million CA$57.26K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)