Capella Minerals Ltd (CMIL) — Defensive Interval Ratio

Latest as of May 2023: 13 days

Capella Minerals Ltd (CMIL) has a Defensive Interval Ratio of 13 days as of May 2023. Defensive assets of CA$40.75K (cash CA$-, short-term investments CA$-, receivables CA$40.75K) cover 13 days of daily cash needs of CA$3.13K/day. Check how tangible is Capella Minerals Ltd's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

13 days
Days of operational coverage

Defensive Assets

CA$40.75K
Cash + ST Investments + Receivables

Daily Cash Need

CA$3.13K
Current Liabilities ÷ 365

Current Liabilities

CA$1.14 Million
CAD

Capella Minerals Ltd Defensive Interval Ratio (2017–2023)

This chart shows how Capella Minerals Ltd's Defensive Interval Ratio has evolved across 7 annual periods from 2017 to 2023. As of May 2023, the ratio stands at 13 days, meaning defensive assets of CA$40.75K can fund 13 days of operations without new revenue. Also explore Capella Minerals Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Capella Minerals Ltd (2017–2023)

The table below presents the year-by-year Defensive Interval Ratio for Capella Minerals Ltd from 2017 to 2023, covering 7 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 CMIL company net worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 13 days CA$40.75K CA$3.13K/day CA$- CA$- ▼ -27 days
2022 40 days CA$33.94K CA$850.77/day CA$- CA$- ▲ +13 days
2021 26 days CA$15.35K CA$579.93/day CA$- CA$- ▲ +23 days
2020 4 days CA$28.59K CA$7.40K/day CA$- CA$- ▼ -4 days
2019 7 days CA$25.43K CA$3.42K/day CA$- CA$- ▼ -39 days
2018 46 days CA$172.30K CA$3.72K/day CA$- CA$- ▼ -174 days
2017 221 days CA$86.01K CA$389.85/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)