Fidelity Minerals Corp (FMN) — Defensive Interval Ratio

Latest as of October 2022: 10 days

Fidelity Minerals Corp (FMN) has a Defensive Interval Ratio of 10 days as of October 2022. Defensive assets of CA$9.22K (cash CA$-, short-term investments CA$-, receivables CA$9.22K) cover 10 days of daily cash needs of CA$939.94/day. See FMN working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

10 days
Days of operational coverage

Defensive Assets

CA$9.22K
Cash + ST Investments + Receivables

Daily Cash Need

CA$939.94
Current Liabilities ÷ 365

Current Liabilities

CA$343.08K
CAD

Fidelity Minerals Corp Defensive Interval Ratio (2015–2022)

This chart shows how Fidelity Minerals Corp's Defensive Interval Ratio has evolved across 8 annual periods from 2015 to 2022. As of October 2022, the ratio stands at 10 days, meaning defensive assets of CA$9.22K can fund 10 days of operations without new revenue. See debt-free asset ratio of Fidelity Minerals Corp to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Fidelity Minerals Corp (2015–2022)

The table below presents the year-by-year Defensive Interval Ratio for Fidelity Minerals Corp from 2015 to 2022, covering 8 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 Fidelity Minerals Corp (FMN) total market value.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 14 days CA$12.93K CA$947.38/day CA$- CA$- ▼ -637 days
2021 651 days CA$425.64K CA$654.25/day CA$- CA$- ▲ +101 days
2020 550 days CA$1.25 Million CA$2.27K/day CA$- CA$- ▲ +545 days
2019 5 days CA$15.98K CA$3.38K/day CA$- CA$- ▼ -5 days
2018 9 days CA$34.48K CA$3.64K/day CA$- CA$- ▼ -6 days
2017 16 days CA$57.53K CA$3.65K/day CA$- CA$- ▼ -4 days
2016 20 days CA$17.84K CA$894.51/day CA$- CA$- ▼ -238 days
2015 258 days CA$57.66K CA$223.38/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)