Northern Dynasty Minerals Ltd (NDM) — Defensive Interval Ratio

Latest as of September 2025: 247 days

Northern Dynasty Minerals Ltd (NDM) has a Defensive Interval Ratio of 247 days as of September 2025. Defensive assets of CA$44.91 Million (cash CA$44.85 Million, short-term investments CA$-, receivables CA$64.00K) cover 247 days of daily cash needs of CA$182.17K/day. Check how tangible is Northern Dynasty Minerals Ltd's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

247 days
Days of operational coverage

Defensive Assets

CA$44.91 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$182.17K
Current Liabilities ÷ 365

Current Liabilities

CA$66.49 Million
CAD

Northern Dynasty Minerals Ltd Defensive Interval Ratio (2001–2024)

This chart shows how Northern Dynasty Minerals Ltd's Defensive Interval Ratio has evolved across 24 annual periods from 2001 to 2024. As of September 2025, the ratio stands at 247 days, meaning defensive assets of CA$44.91 Million can fund 247 days of operations without new revenue. Also explore NDM shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Northern Dynasty Minerals Ltd (2001–2024)

The table below presents the year-by-year Defensive Interval Ratio for Northern Dynasty Minerals Ltd from 2001 to 2024, covering 24 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 NDM company net worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 1 days CA$152.00K CA$107.99K/day CA$- CA$- ▼ -11 days
2023 12 days CA$675.00K CA$55.41K/day CA$- CA$- ▼ -11 days
2022 23 days CA$130.00K CA$5.67K/day CA$- CA$- ▼ -3281 days
2021 3304 days CA$21.94 Million CA$6.64K/day CA$22.29 Million CA$- ▲ +1180 days
2020 2123 days CA$43.11 Million CA$20.30K/day CA$42.46 Million CA$- ▲ +2113 days
2019 10 days CA$416.00K CA$41.60K/day CA$- CA$- ▼ -37 days
2018 47 days CA$838.00K CA$17.86K/day CA$- CA$0.00 ▼ -111 days
2017 158 days CA$4.91 Million CA$31.01K/day CA$- CA$4.33 Million ▲ +113 days
2016 46 days CA$188.00K CA$4.11K/day CA$- CA$0.00 ▼ -257 days
2015 302 days CA$2.26 Million CA$7.46K/day CA$- CA$1.58 Million ▲ +272 days
2014 30 days CA$500.00K CA$16.53K/day CA$- CA$287.00K ▼ -491 days
2013 521 days CA$5.79 Million CA$11.10K/day CA$- CA$- ▼ -3779 days
2012 4301 days CA$4.82 Million CA$1.12K/day CA$- CA$- ▼ -6458 days
2011 10759 days CA$5.01 Million CA$465.75/day CA$- CA$- ▲ +10622 days
2010 137 days CA$208.00K CA$1.52K/day CA$- CA$1.00K ▼ -45 days
2009 182 days CA$96.00K CA$528.77/day CA$- CA$2.00K ▲ +173 days
2008 9 days CA$316.00K CA$36.56K/day CA$- CA$2.00K ▼ -41 days
2007 50 days CA$1.04 Million CA$20.90K/day CA$- CA$12.91K ▼ -156 days
2006 206 days CA$4.42 Million CA$21.48K/day CA$- CA$- ▲ +64 days
2005 142 days CA$1.23 Million CA$8.66K/day CA$- CA$363.91K ▲ +48 days
2004 94 days CA$778.17K CA$8.29K/day CA$- CA$363.91K ▼ -101 days
2003 195 days CA$229.15K CA$1.18K/day CA$- CA$- ▼ -311 days
2002 506 days CA$258.18K CA$510.38/day CA$- CA$- ▲ +481 days
2001 25 days CA$52.72K CA$2.11K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)