Maritime Resources Corp. (MAE) — Defensive Interval Ratio

Latest as of June 2025: 172 days

Maritime Resources Corp. (MAE) has a Defensive Interval Ratio of 172 days as of June 2025. Defensive assets of CA$2.38 Million (cash CA$-, short-term investments CA$2.38 Million, receivables CA$-) cover 172 days of daily cash needs of CA$13.84K/day. Check MAE tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

172 days
Days of operational coverage

Defensive Assets

CA$2.38 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$13.84K
Current Liabilities ÷ 365

Current Liabilities

CA$5.05 Million
CAD

Maritime Resources Corp. Defensive Interval Ratio (2008–2023)

This chart shows how Maritime Resources Corp.'s Defensive Interval Ratio has evolved across 15 annual periods from 2008 to 2023. As of June 2025, the ratio stands at 172 days, meaning defensive assets of CA$2.38 Million can fund 172 days of operations without new revenue. Also explore Maritime Resources Corp. net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Maritime Resources Corp. (2008–2023)

The table below presents the year-by-year Defensive Interval Ratio for Maritime Resources Corp. from 2008 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 live market cap and the full company financial profile, see how much is Maritime Resources Corp. worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 423 days CA$1.16 Million CA$2.75K/day CA$- CA$- ▲ +369 days
2022 54 days CA$136.72K CA$2.54K/day CA$- CA$- ▼ -1236 days
2021 1290 days CA$4.00 Million CA$3.10K/day CA$- CA$3.70 Million ▲ +602 days
2020 687 days CA$2.34 Million CA$3.40K/day CA$- CA$2.00 Million ▲ +572 days
2019 115 days CA$161.55K CA$1.40K/day CA$- CA$- ▲ +56 days
2018 60 days CA$40.95K CA$685.42/day CA$- CA$- ▲ +40 days
2017 20 days CA$35.79K CA$1.80K/day CA$- CA$- ▼ -22 days
2016 42 days CA$58.88K CA$1.39K/day CA$- CA$- ▲ +39 days
2015 4 days CA$7.04K CA$1.98K/day CA$- CA$- ▼ -5 days
2014 8 days CA$6.28K CA$745.34/day CA$- CA$- ▼ -5 days
2013 13 days CA$9.38K CA$714.23/day CA$- CA$- ▼ -80 days
2012 93 days CA$124.08K CA$1.33K/day CA$- CA$- ▼ -326 days
2011 420 days CA$109.53K CA$261.00/day CA$- CA$- ▼ -980 days
2009 1399 days CA$1.01K CA$0.72/day CA$- CA$- ▲ +987 days
2008 412 days CA$26.60K CA$64.53/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)