Cornish Metals Inc. (CUSN) — Defensive Interval Ratio

Latest as of July 2025: 184 days

Cornish Metals Inc. (CUSN) has a Defensive Interval Ratio of 184 days as of July 2025. Defensive assets of CA$3.21 Million (cash CA$-, short-term investments CA$1.19 Million, receivables CA$2.02 Million) cover 184 days of daily cash needs of CA$17.43K/day. Check tangible net worth ratio of Cornish Metals Inc. to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

184 days
Days of operational coverage

Defensive Assets

CA$3.21 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$17.43K
Current Liabilities ÷ 365

Current Liabilities

CA$6.36 Million
CAD

Cornish Metals Inc. Defensive Interval Ratio (2000–2025)

This chart shows how Cornish Metals Inc.'s Defensive Interval Ratio has evolved across 26 annual periods from 2000 to 2025. As of July 2025, the ratio stands at 184 days, meaning defensive assets of CA$3.21 Million can fund 184 days of operations without new revenue. Also explore Cornish Metals Inc. equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Cornish Metals Inc. (2000–2025)

The table below presents the year-by-year Defensive Interval Ratio for Cornish Metals Inc. from 2000 to 2025, covering 26 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 market value of Cornish Metals Inc..

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 59 days CA$2.87 Million CA$48.36K/day CA$- CA$2.87 Million ▼ -213 days
2024 272 days CA$3.78 Million CA$13.87K/day CA$- CA$2.67 Million ▼ -221 days
2023 494 days CA$3.38 Million CA$6.84K/day CA$- CA$2.72 Million ▲ +402 days
2022 92 days CA$1.68 Million CA$18.24K/day CA$- CA$1.57 Million ▼ -296 days
2021 388 days CA$1.03 Million CA$2.65K/day CA$- CA$1.00 Million ▲ +85 days
2020 303 days CA$571.13K CA$1.89K/day CA$- CA$547.72K ▼ -1297 days
2019 1600 days CA$1.18 Million CA$739.77/day CA$- CA$1.17 Million ▲ +1203 days
2018 397 days CA$673.88K CA$1.70K/day CA$- CA$515.52K ▲ +12 days
2017 385 days CA$291.25K CA$757.16/day CA$- CA$218.80K ▲ +227 days
2016 157 days CA$94.69K CA$601.30/day CA$- CA$91.20K ▲ +73 days
2015 84 days CA$21.54K CA$255.22/day CA$- CA$16.40K ▲ +29 days
2014 55 days CA$19.30K CA$349.33/day CA$- CA$16.55K ▼ -106 days
2013 161 days CA$68.78K CA$426.16/day CA$- CA$13.53K ▼ -330 days
2012 491 days CA$115.99K CA$236.02/day CA$- CA$96.55K ▼ -1445 days
2011 1937 days CA$907.85K CA$468.80/day CA$- CA$874.63K ▼ -2333 days
2010 4269 days CA$1.55 Million CA$363.22/day CA$- CA$1.47 Million ▲ +3250 days
2009 1019 days CA$375.69K CA$368.61/day CA$- CA$170.41K ▼ -2290 days
2008 3309 days CA$1.93 Million CA$584.29/day CA$- CA$1.48 Million ▲ +2350 days
2007 959 days CA$997.67K CA$1.04K/day CA$- CA$719.95K ▲ +552 days
2006 407 days CA$233.63K CA$573.93/day CA$- CA$142.03K ▲ +89 days
2005 318 days CA$174.45K CA$547.94/day CA$- CA$61.80K ▲ +120 days
2004 198 days CA$122.95K CA$621.16/day CA$- CA$50.41K ▲ +115 days
2003 83 days CA$16.96K CA$204.42/day CA$- CA$1.40K ▲ +79 days
2002 4 days CA$1.40K CA$334.17/day CA$- CA$1.40K ▼ -15 days
2001 20 days CA$8.08K CA$414.12/day CA$- CA$2.80K ▼ -87 days
2000 107 days CA$90.58K CA$847.06/day CA$- CA$6.53K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)