Mayfair Gold Corp (MFG) — Defensive Interval Ratio
Mayfair Gold Corp (MFG) has a Defensive Interval Ratio of 1594 days as of June 2025. Defensive assets of CA$3.03 Million (cash CA$-, short-term investments CA$3.03 Million, receivables CA$-) cover 1594 days of daily cash needs of CA$1.90K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Mayfair Gold Corp Defensive Interval Ratio (2020–2023)
This chart shows how Mayfair Gold Corp's Defensive Interval Ratio has evolved across 4 annual periods from 2020 to 2023. As of June 2025, the ratio stands at 1594 days, meaning defensive assets of CA$3.03 Million can fund 1594 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Mayfair Gold Corp.
Annual Defensive Interval Ratio for Mayfair Gold Corp (2020–2023)
The table below presents the year-by-year Defensive Interval Ratio for Mayfair Gold Corp from 2020 to 2023, 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. See MFG working capital ratio 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) |
|---|---|---|---|---|---|---|
| 2023 | 41 days | CA$284.25K | CA$6.98K/day | CA$- | CA$- | ▼ -17 days |
| 2022 | 58 days | CA$399.29K | CA$6.87K/day | CA$- | CA$- | ▲ +25 days |
| 2021 | 33 days | CA$183.27K | CA$5.55K/day | CA$- | CA$- | ▲ +17 days |
| 2020 | 16 days | CA$15.09K | CA$930.34/day | CA$- | CA$- | — |