MTY Food Group Inc (MTY) — Defensive Interval Ratio

Latest as of August 2025: 154 days

MTY Food Group Inc (MTY) has a Defensive Interval Ratio of 154 days as of August 2025. Defensive assets of CA$180.51 Million (cash CA$-, short-term investments CA$-, receivables CA$180.51 Million) cover 154 days of daily cash needs of CA$1.17 Million/day.

Defensive Interval Ratio

154 days
Days of operational coverage

Defensive Assets

CA$180.51 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.17 Million
Current Liabilities ÷ 365

Current Liabilities

CA$428.74 Million
CAD

MTY Food Group Inc Defensive Interval Ratio (1997–2024)

This chart shows how MTY Food Group Inc's Defensive Interval Ratio has evolved across 28 annual periods from 1997 to 2024. As of August 2025, the ratio stands at 154 days, meaning defensive assets of CA$180.51 Million can fund 154 days of operations without new revenue. For the complete balance sheet picture, see how large is MTY Food Group Inc's balance sheet.

Annual Defensive Interval Ratio for MTY Food Group Inc (1997–2024)

The table below presents the year-by-year Defensive Interval Ratio for MTY Food Group Inc from 1997 to 2024, covering 28 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See MTY current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 140 days CA$165.64 Million CA$1.19 Million/day CA$- CA$- ▼ -11 days
2023 150 days CA$181.27 Million CA$1.21 Million/day CA$- CA$4.65 Million ▲ +11 days
2022 139 days CA$166.01 Million CA$1.19 Million/day CA$- CA$- ▼ -15 days
2021 154 days CA$151.41 Million CA$982.16K/day CA$- CA$- ▲ +8 days
2020 146 days CA$148.14 Million CA$1.01 Million/day CA$- CA$- ▲ +45 days
2019 102 days CA$69.77 Million CA$686.53K/day CA$- CA$- ▲ +12 days
2018 90 days CA$52.10 Million CA$578.81K/day CA$- CA$- ▲ +11 days
2017 79 days CA$38.38 Million CA$485.60K/day CA$- CA$- ▼ -4 days
2016 83 days CA$39.24 Million CA$473.59K/day CA$- CA$- ▼ -60 days
2015 143 days CA$18.97 Million CA$132.79K/day CA$- CA$- ▼ -19 days
2014 162 days CA$16.17 Million CA$99.94K/day CA$- CA$- ▲ +6 days
2013 156 days CA$13.85 Million CA$88.95K/day CA$- CA$- ▼ -27 days
2012 183 days CA$13.99 Million CA$76.50K/day CA$- CA$- ▼ -134 days
2011 317 days CA$16.01 Million CA$50.55K/day CA$- CA$4.63 Million ▼ -378 days
2010 695 days CA$31.88 Million CA$45.86K/day CA$- CA$23.38 Million ▲ +32 days
2009 663 days CA$22.47 Million CA$33.88K/day CA$- CA$15.64 Million ▼ -149 days
2008 812 days CA$18.75 Million CA$23.10K/day CA$- CA$14.45 Million ▼ -59 days
2007 871 days CA$23.79 Million CA$27.32K/day CA$- CA$19.52 Million ▲ +9 days
2006 862 days CA$11.56 Million CA$13.40K/day CA$- CA$8.22 Million ▼ -363 days
2005 1225 days CA$12.85 Million CA$10.49K/day CA$- CA$9.97 Million ▲ +871 days
2004 354 days CA$3.67 Million CA$10.38K/day CA$- CA$1.62 Million ▼ -432 days
2003 786 days CA$3.73 Million CA$4.74K/day CA$- CA$2.52 Million ▲ +309 days
2002 478 days CA$5.14 Million CA$10.76K/day CA$- CA$2.43 Million ▲ +53 days
2001 424 days CA$3.87 Million CA$9.11K/day CA$- CA$1.52 Million ▼ -18 days
2000 442 days CA$4.37 Million CA$9.89K/day CA$- CA$1.42 Million ▲ +6 days
1999 436 days CA$3.70 Million CA$8.49K/day CA$- CA$1.00 Million ▲ +108 days
1998 327 days CA$2.60 Million CA$7.95K/day CA$- CA$700.00K ▼ -71 days
1997 398 days CA$1.20 Million CA$3.01K/day CA$- CA$400.00K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)