Lucky Minerals Inc Defensive Interval Ratio

Latest as of September 2023: 6 days

Lucky Minerals Inc defensive interval ratio. Lucky Minerals Inc (LKY) has a Defensive Interval Ratio of 6 days as of September 2023. Defensive assets of CA$61.32K (cash CA$-, short-term investments CA$-, receivables CA$61.32K) cover 6 days of daily cash needs of CA$10.48K/day. See Lucky Minerals Inc (LKY) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

6 days
Days of operational coverage

Defensive Assets

CA$61.32K
Cash + ST Investments + Receivables

Daily Cash Need

CA$10.48K
Current Liabilities ÷ 365

Current Liabilities

CA$3.82 Million
CAD

Defensive Interval Ratio of Lucky Minerals Inc (2009–2023)

Defensive interval ratio of Lucky Minerals Inc from 2009 to 2023. This chart shows how Lucky Minerals Inc's Defensive Interval Ratio has evolved across 15 annual periods from 2009 to 2023. As of September 2023, the ratio stands at 6 days, meaning defensive assets of CA$61.32K can fund 6 days of operations without new revenue. Read Lucky Minerals Inc debt and liabilities for a breakdown of total debt and financial obligations.

Lucky Minerals Inc Defensive Interval Ratio by Year (2009–2023)

Lucky Minerals Inc defensive interval ratio by year from 2009 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Lucky Minerals Inc from 2009 to 2023, covering 15 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 the complete balance sheet picture, see how large is Lucky Minerals Inc's balance sheet.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 6 days CA$61.32K CA$10.48K/day CA$- CA$- ▼ -48 days
2022 54 days CA$220.35K CA$4.09K/day CA$- CA$- ▼ -532 days
2021 586 days CA$634.61K CA$1.08K/day CA$- CA$- ▲ +525 days
2020 61 days CA$271.45K CA$4.45K/day CA$- CA$- ▲ +59 days
2019 2 days CA$16.08K CA$7.85K/day CA$- CA$- ▼ -222 days
2018 224 days CA$1.22 Million CA$5.44K/day CA$- CA$- ▲ +190 days
2017 35 days CA$12.37K CA$356.63/day CA$- CA$- ▼ -221 days
2016 256 days CA$8.62K CA$33.70/day CA$- CA$- ▼ -23 days
2015 279 days CA$15.40K CA$55.22/day CA$- CA$- ▲ +174 days
2014 105 days CA$7.48K CA$71.24/day CA$- CA$- ▲ +36 days
2013 69 days CA$10.54K CA$153.14/day CA$- CA$- ▼ -9 days
2012 78 days CA$9.12K CA$116.86/day CA$- CA$- ▼ -54 days
2011 132 days CA$15.42K CA$117.02/day CA$- CA$- ▲ +68 days
2010 64 days CA$4.29K CA$67.28/day CA$- CA$- ▲ +53 days
2009 11 days CA$1.03K CA$93.16/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)