Forum Energy Metals Corp (FMC) — Defensive Interval Ratio

Latest as of May 2025: 26 days

Forum Energy Metals Corp (FMC) has a Defensive Interval Ratio of 26 days as of May 2025. Defensive assets of CA$167.33K (cash CA$-, short-term investments CA$43.33K, receivables CA$124.00K) cover 26 days of daily cash needs of CA$6.47K/day. Check Forum Energy Metals Corp tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

26 days
Days of operational coverage

Defensive Assets

CA$167.33K
Cash + ST Investments + Receivables

Daily Cash Need

CA$6.47K
Current Liabilities ÷ 365

Current Liabilities

CA$2.36 Million
CAD

Forum Energy Metals Corp Defensive Interval Ratio (2001–2024)

This chart shows how Forum Energy Metals Corp's Defensive Interval Ratio has evolved across 24 annual periods from 2001 to 2024. As of May 2025, the ratio stands at 26 days, meaning defensive assets of CA$167.33K can fund 26 days of operations without new revenue. Also explore net asset growth rate of Forum Energy Metals Corp to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Forum Energy Metals Corp (2001–2024)

The table below presents the year-by-year Defensive Interval Ratio for Forum Energy Metals Corp from 2001 to 2024, covering 24 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 Forum Energy Metals Corp market cap and net worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 80 days CA$276.17K CA$3.46K/day CA$- CA$104.83K ▲ +55 days
2023 24 days CA$85.05K CA$3.49K/day CA$- CA$46.78K ▼ -115 days
2022 139 days CA$290.84K CA$2.09K/day CA$- CA$48.62K ▲ +74 days
2021 65 days CA$113.71K CA$1.74K/day CA$- CA$17.83K ▲ +51 days
2020 14 days CA$19.54K CA$1.36K/day CA$- CA$14.73K ▼ -6 days
2019 21 days CA$33.93K CA$1.64K/day CA$- CA$7.90K ▼ -124 days
2018 145 days CA$75.43K CA$520.55/day CA$- CA$15.72K ▼ -142 days
2017 287 days CA$83.86K CA$292.09/day CA$- CA$23.82K ▲ +162 days
2016 125 days CA$280.63K CA$2.24K/day CA$- CA$19.64K ▼ -2584 days
2015 2710 days CA$632.83K CA$233.53/day CA$- CA$606.41K ▼ -850 days
2014 3560 days CA$2.62 Million CA$734.88/day CA$- CA$2.23 Million ▼ -1157 days
2013 4717 days CA$3.19 Million CA$676.80/day CA$- CA$3.01 Million ▲ +4234 days
2012 483 days CA$513.84K CA$1.06K/day CA$- CA$439.18K ▼ -220 days
2011 703 days CA$1.30 Million CA$1.84K/day CA$- CA$1.04 Million ▼ -203 days
2010 905 days CA$670.66K CA$740.91/day CA$- CA$354.26K ▲ +72 days
2009 833 days CA$435.42K CA$522.65/day CA$- CA$293.94K ▲ +701 days
2008 132 days CA$525.08K CA$3.99K/day CA$- CA$46.13K ▼ -34 days
2007 165 days CA$720.03K CA$4.35K/day CA$- CA$47.00K ▲ +21 days
2006 145 days CA$182.30K CA$1.26K/day CA$- CA$56.00K ▼ -98 days
2005 243 days CA$97.12K CA$400.39/day CA$- CA$12.00K ▲ +140 days
2004 103 days CA$32.12K CA$311.76/day CA$- CA$12.00K ▼ -260 days
2003 363 days CA$56.78K CA$156.49/day CA$- CA$12.00K ▲ +209 days
2002 154 days CA$47.60K CA$309.45/day CA$- CA$- ▼ -534 days
2001 688 days CA$37.81K CA$54.97/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)