NextSource Materials Inc (NEXT) — Defensive Interval Ratio
NextSource Materials Inc (NEXT) has a Defensive Interval Ratio of 4 days as of March 2026. Defensive assets of CA$414.36K (cash CA$-, short-term investments CA$-, receivables CA$414.36K) cover 4 days of daily cash needs of CA$116.35K/day. See working capital position of NextSource Materials Inc to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
NextSource Materials Inc Defensive Interval Ratio (2007–2025)
This chart shows how NextSource Materials Inc's Defensive Interval Ratio has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 4 days, meaning defensive assets of CA$414.36K can fund 4 days of operations without new revenue. See NextSource Materials Inc balance sheet quality to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for NextSource Materials Inc (2007–2025)
The table below presents the year-by-year Defensive Interval Ratio for NextSource Materials Inc from 2007 to 2025, covering 19 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 how much is NextSource Materials Inc worth.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 61 days | CA$3.94 Million | CA$65.08K/day | CA$3.28 Million | CA$- | ▼ -331 days |
| 2024 | 392 days | CA$11.20 Million | CA$28.58K/day | CA$10.77 Million | CA$- | ▲ +51 days |
| 2023 | 341 days | CA$7.38 Million | CA$21.65K/day | CA$6.89 Million | CA$- | ▲ +185 days |
| 2022 | 156 days | CA$10.37 Million | CA$66.67K/day | CA$9.79 Million | CA$- | ▼ -20 days |
| 2021 | 176 days | CA$22.53 Million | CA$128.03K/day | CA$22.44 Million | CA$- | ▲ +104 days |
| 2020 | 71 days | CA$229.85K | CA$3.21K/day | CA$222.31K | CA$- | ▼ -89 days |
| 2019 | 161 days | CA$562.97K | CA$3.50K/day | CA$529.33K | CA$- | ▼ -87 days |
| 2018 | 247 days | CA$351.94K | CA$1.42K/day | CA$338.70K | CA$- | ▼ -1536 days |
| 2017 | 1783 days | CA$2.00 Million | CA$1.12K/day | CA$1.96 Million | CA$- | ▲ +1401 days |
| 2016 | 382 days | CA$558.76K | CA$1.46K/day | CA$544.81K | CA$0.00 | ▲ +343 days |
| 2015 | 39 days | CA$149.58K | CA$3.88K/day | CA$- | CA$7.62K | ▼ -79 days |
| 2014 | 117 days | CA$595.38K | CA$5.08K/day | CA$- | CA$70.28K | ▼ -45 days |
| 2013 | 162 days | CA$356.52K | CA$2.20K/day | CA$- | CA$10.00K | ▲ +3 days |
| 2012 | 159 days | CA$716.83K | CA$4.51K/day | CA$- | CA$20.54K | ▲ +61 days |
| 2011 | 98 days | CA$187.87K | CA$1.92K/day | CA$- | CA$40.40K | ▼ -205 days |
| 2010 | 302 days | CA$342.19K | CA$1.13K/day | CA$- | CA$28.56K | ▼ -944 days |
| 2009 | 1246 days | CA$527.78K | CA$423.51/day | CA$- | CA$24.09K | ▼ -723 days |
| 2008 | 1970 days | CA$1.47 Million | CA$744.52/day | CA$- | CA$51.05K | ▲ +1331 days |
| 2007 | 639 days | CA$910.58K | CA$1.43K/day | CA$- | CA$- | — |