MacDonald Mines Exploration Ltd (BMK) — Defensive Interval Ratio

Latest as of March 2024: 7 days

MacDonald Mines Exploration Ltd (BMK) has a Defensive Interval Ratio of 7 days as of March 2024. Defensive assets of CA$12.15K (cash CA$-, short-term investments CA$-, receivables CA$12.15K) cover 7 days of daily cash needs of CA$1.78K/day. See BMK 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$12.15K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.78K
Current Liabilities ÷ 365

Current Liabilities

CA$651.52K
CAD

MacDonald Mines Exploration Ltd Defensive Interval Ratio (2001–2023)

This chart shows how MacDonald Mines Exploration Ltd's Defensive Interval Ratio has evolved across 23 annual periods from 2001 to 2023. As of March 2024, the ratio stands at 7 days, meaning defensive assets of CA$12.15K can fund 7 days of operations without new revenue. See BMK equity to assets ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for MacDonald Mines Exploration Ltd (2001–2023)

The table below presents the year-by-year Defensive Interval Ratio for MacDonald Mines Exploration Ltd from 2001 to 2023, covering 23 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 BMK market cap overview.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 25 days CA$39.65K CA$1.57K/day CA$- CA$0.00 ▼ -2 days
2022 27 days CA$61.63K CA$2.29K/day CA$- CA$33.30K ▼ -149 days
2021 176 days CA$296.68K CA$1.69K/day CA$- CA$212.81K ▼ -319 days
2020 495 days CA$937.80K CA$1.90K/day CA$- CA$768.29K ▲ +399 days
2019 96 days CA$392.52K CA$4.11K/day CA$- CA$4.32K ▲ +77 days
2018 18 days CA$85.23K CA$4.70K/day CA$- CA$10.41K ▼ -36 days
2017 55 days CA$248.23K CA$4.55K/day CA$- CA$3.60K ▼ -45 days
2016 100 days CA$494.93K CA$4.97K/day CA$- CA$481.12K ▲ +96 days
2015 3 days CA$14.47K CA$4.30K/day CA$- CA$14.47K ▼ -13 days
2014 16 days CA$28.65K CA$1.77K/day CA$- CA$26.12K ▼ -92 days
2013 108 days CA$155.42K CA$1.44K/day CA$- CA$16.25K ▲ +28 days
2012 80 days CA$161.94K CA$2.03K/day CA$- CA$25.18K ▼ -287 days
2011 367 days CA$772.29K CA$2.10K/day CA$- CA$536.96K ▼ -1199 days
2010 1566 days CA$1.02 Million CA$654.25/day CA$- CA$422.67K ▲ +338 days
2009 1227 days CA$629.79K CA$513.09/day CA$- CA$233.03K ▲ +1043 days
2008 184 days CA$446.08K CA$2.42K/day CA$- CA$75.71K ▲ +30 days
2007 154 days CA$335.39K CA$2.18K/day CA$- CA$26.76K ▼ -300 days
2006 454 days CA$135.00K CA$297.24/day CA$- CA$28.33K ▼ -167 days
2005 621 days CA$358.95K CA$578.21/day CA$- CA$320.00K ▲ +535 days
2004 86 days CA$60.95K CA$706.52/day CA$- CA$- ▲ +0 days
2003 86 days CA$17.57K CA$204.19/day CA$- CA$- ▼ -22 days
2002 108 days CA$29.37K CA$272.85/day CA$- CA$- ▲ +100 days
2001 7 days CA$19.98K CA$2.74K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)