Margaret Lake Diamonds Inc (DIA) — Defensive Interval Ratio

Latest as of February 2024: 57 days

Margaret Lake Diamonds Inc (DIA) has a Defensive Interval Ratio of 57 days as of February 2024. Defensive assets of CA$115.65K (cash CA$-, short-term investments CA$-, receivables CA$115.65K) cover 57 days of daily cash needs of CA$2.03K/day. See DIA working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

57 days
Days of operational coverage

Defensive Assets

CA$115.65K
Cash + ST Investments + Receivables

Daily Cash Need

CA$2.03K
Current Liabilities ÷ 365

Current Liabilities

CA$742.12K
CAD

Margaret Lake Diamonds Inc Defensive Interval Ratio (2012–2023)

This chart shows how Margaret Lake Diamonds Inc's Defensive Interval Ratio has evolved across 12 annual periods from 2012 to 2023. As of February 2024, the ratio stands at 57 days, meaning defensive assets of CA$115.65K can fund 57 days of operations without new revenue. See DIA equity financing ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Margaret Lake Diamonds Inc (2012–2023)

The table below presents the year-by-year Defensive Interval Ratio for Margaret Lake Diamonds Inc from 2012 to 2023, 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 DIA company net worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 75 days CA$114.50K CA$1.53K/day CA$- CA$- ▲ +62 days
2022 13 days CA$43.40K CA$3.30K/day CA$- CA$- ▲ +10 days
2021 3 days CA$12.10K CA$3.88K/day CA$- CA$- ▼ -9 days
2020 12 days CA$34.82K CA$2.79K/day CA$- CA$- ▼ -152 days
2019 164 days CA$35.46K CA$215.58/day CA$- CA$- ▼ -31 days
2018 195 days CA$164.42K CA$843.10/day CA$- CA$- ▲ +163 days
2017 32 days CA$27.75K CA$868.28/day CA$- CA$- ▲ +13 days
2016 19 days CA$8.68K CA$452.43/day CA$- CA$- ▲ +0 days
2015 19 days CA$19.60K CA$1.04K/day CA$- CA$- ▼ -25 days
2014 44 days CA$36.80K CA$838.67/day CA$- CA$11.00K ▼ -3466 days
2013 3510 days CA$111.57K CA$31.79/day CA$- CA$111.00K ▼ -5640 days
2012 9150 days CA$258.55K CA$28.26/day CA$- CA$257.00K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)