Commander Resources Ltd (CMD) — Defensive Interval Ratio

Latest as of March 2025: 373 days

Commander Resources Ltd (CMD) has a Defensive Interval Ratio of 373 days as of March 2025. Defensive assets of CA$118.24K (cash CA$-, short-term investments CA$37.00K, receivables CA$81.24K) cover 373 days of daily cash needs of CA$317.35/day. Check CMD tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

373 days
Days of operational coverage

Defensive Assets

CA$118.24K
Cash + ST Investments + Receivables

Daily Cash Need

CA$317.35
Current Liabilities ÷ 365

Current Liabilities

CA$115.83K
CAD

Commander Resources Ltd Defensive Interval Ratio (2013–2024)

This chart shows how Commander Resources Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of March 2025, the ratio stands at 373 days, meaning defensive assets of CA$118.24K can fund 373 days of operations without new revenue. Also explore net asset momentum of Commander Resources Ltd to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Commander Resources Ltd (2013–2024)

The table below presents the year-by-year Defensive Interval Ratio for Commander Resources Ltd from 2013 to 2024, covering 12 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 CMD market cap.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 222 days CA$164.45K CA$739.51/day CA$- CA$42.50K ▲ +112 days
2023 110 days CA$141.17K CA$1.28K/day CA$- CA$85.00K ▼ -434 days
2022 544 days CA$470.47K CA$864.43/day CA$- CA$274.98K ▼ -2072 days
2021 2616 days CA$1.18 Million CA$452.24/day CA$- CA$1.07 Million ▼ -2748 days
2020 5365 days CA$1.07 Million CA$198.88/day CA$- CA$1.03 Million ▲ +1645 days
2019 3719 days CA$1.26 Million CA$337.56/day CA$- CA$1.24 Million ▲ +357 days
2018 3362 days CA$933.76K CA$277.75/day CA$- CA$921.65K ▼ -20350 days
2017 23712 days CA$1.69 Million CA$71.17/day CA$- CA$1.68 Million ▲ +16829 days
2016 6883 days CA$1.77 Million CA$257.75/day CA$- CA$1.77 Million ▲ +5020 days
2015 1863 days CA$531.71K CA$285.41/day CA$- CA$526.25K ▲ +1247 days
2014 616 days CA$513.20K CA$833.46/day CA$- CA$458.87K ▼ -3395 days
2013 4011 days CA$477.98K CA$119.17/day CA$- CA$467.54K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)