Minnova Corp (MCI) — Defensive Interval Ratio

Latest as of March 2026: 72 days

Minnova Corp (MCI) has a Defensive Interval Ratio of 72 days as of March 2026. Defensive assets of CA$195.50K (cash CA$-, short-term investments CA$-, receivables CA$195.50K) cover 72 days of daily cash needs of CA$2.70K/day.

Defensive Interval Ratio

72 days
Days of operational coverage

Defensive Assets

CA$195.50K
Cash + ST Investments + Receivables

Daily Cash Need

CA$2.70K
Current Liabilities ÷ 365

Current Liabilities

CA$986.51K
CAD

Minnova Corp Defensive Interval Ratio (2008–2026)

This chart shows how Minnova Corp's Defensive Interval Ratio has evolved across 19 annual periods from 2008 to 2026. As of March 2026, the ratio stands at 72 days, meaning defensive assets of CA$195.50K can fund 72 days of operations without new revenue. For the complete balance sheet picture, see MCI total assets.

Annual Defensive Interval Ratio for Minnova Corp (2008–2026)

The table below presents the year-by-year Defensive Interval Ratio for Minnova Corp from 2008 to 2026, covering 19 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Minnova Corp working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2026 72 days CA$195.50K CA$2.70K/day CA$- CA$- ▲ +67 days
2025 5 days CA$26.40K CA$4.96K/day CA$- CA$- ▼ -2 days
2024 8 days CA$27.37K CA$3.59K/day CA$- CA$- ▼ -10 days
2023 17 days CA$42.31K CA$2.44K/day CA$- CA$- ▼ -8 days
2022 25 days CA$54.78K CA$2.17K/day CA$- CA$- ▼ -7 days
2021 32 days CA$142.69K CA$4.44K/day CA$- CA$- ▲ +10 days
2020 22 days CA$110.34K CA$5.07K/day CA$- CA$- ▼ -4 days
2019 26 days CA$127.98K CA$4.92K/day CA$- CA$- ▼ -8 days
2018 34 days CA$188.63K CA$5.63K/day CA$- CA$- ▲ +4 days
2017 30 days CA$161.95K CA$5.47K/day CA$- CA$- ▲ +19 days
2016 11 days CA$121.84K CA$11.03K/day CA$- CA$- ▼ -3 days
2015 14 days CA$139.34K CA$10.03K/day CA$- CA$- ▼ -2 days
2014 15 days CA$144.29K CA$9.36K/day CA$- CA$- ▲ +5 days
2013 11 days CA$102.35K CA$9.52K/day CA$- CA$- ▼ -21 days
2012 31 days CA$162.36K CA$5.18K/day CA$- CA$- ▼ -6 days
2011 37 days CA$54.17K CA$1.46K/day CA$- CA$- ▲ +30 days
2010 8 days CA$10.28K CA$1.36K/day CA$- CA$- ▲ +7 days
2009 0 days CA$48.00 CA$694.84/day CA$- CA$- ▼ -1 days
2008 1 days CA$328.00 CA$328.08/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)