Lumine Group Inc. Defensive Interval Ratio
Lumine Group Inc. defensive interval ratio. Lumine Group Inc. (LMN) has a Defensive Interval Ratio of 212 days as of June 2024. Defensive assets of CA$127.33 Million (cash CA$-, short-term investments CA$-, receivables CA$127.33 Million) cover 212 days of daily cash needs of CA$601.97K/day. See working capital to net assets of Lumine Group Inc. to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Lumine Group Inc. (2021–2023)
Defensive interval ratio of Lumine Group Inc. from 2021 to 2023. This chart shows how Lumine Group Inc.'s Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of June 2024, the ratio stands at 212 days, meaning defensive assets of CA$127.33 Million can fund 212 days of operations without new revenue. Read LMN total liabilities for a breakdown of total debt and financial obligations.
Lumine Group Inc. Defensive Interval Ratio by Year (2021–2023)
Lumine Group Inc. defensive interval ratio by year from 2021 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Lumine Group Inc. from 2021 to 2023, covering 3 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 Lumine Group Inc. total assets.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 8 days | CA$104.95 Million | CA$12.83 Million/day | CA$- | CA$- | ▼ -127 days |
| 2022 | 135 days | CA$64.85 Million | CA$479.72K/day | CA$- | CA$- | ▲ +5 days |
| 2021 | 130 days | CA$45.11 Million | CA$345.80K/day | CA$- | CA$- | — |