Mayfair Gold Corp (MFG) — Defensive Interval Ratio

Latest as of June 2025: 1594 days

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. Check MFG tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1594 days
Days of operational coverage

Defensive Assets

CA$3.03 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.90K
Current Liabilities ÷ 365

Current Liabilities

CA$694.64K
CAD

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. Also explore Mayfair Gold Corp (MFG) net asset momentum to track the company's year-over-year net asset growth rate.

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. For live market cap and the full company financial profile, see market value of Mayfair Gold Corp.

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$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)