Metal Energy Corp (MERG) — Defensive Interval Ratio
Metal Energy Corp (MERG) has a Defensive Interval Ratio of 5 days as of September 2025. Defensive assets of CA$13.29K (cash CA$-, short-term investments CA$-, receivables CA$13.29K) cover 5 days of daily cash needs of CA$2.60K/day. See Metal Energy Corp (MERG) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Metal Energy Corp Defensive Interval Ratio (2021–2024)
This chart shows how Metal Energy Corp's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of September 2025, the ratio stands at 5 days, meaning defensive assets of CA$13.29K can fund 5 days of operations without new revenue. See MERG equity to assets ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Metal Energy Corp (2021–2024)
The table below presents the year-by-year Defensive Interval Ratio for Metal Energy Corp from 2021 to 2024, covering 4 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 MERG market cap overview.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 10 days | CA$37.30K | CA$3.68K/day | CA$- | CA$- | ▼ -167 days |
| 2023 | 177 days | CA$40.79K | CA$230.61/day | CA$- | CA$- | ▲ +4 days |
| 2022 | 173 days | CA$344.92K | CA$1.99K/day | CA$- | CA$- | ▲ +155 days |
| 2021 | 18 days | CA$36.40K | CA$1.98K/day | CA$- | CA$- | — |