Mint Corp Defensive Interval Ratio
Mint Corp defensive interval ratio. Mint Corp (MIT) has a Defensive Interval Ratio of 608 days as of June 2023. Defensive assets of CA$1.13 Million (cash CA$-, short-term investments CA$-, receivables CA$1.13 Million) cover 608 days of daily cash needs of CA$1.85K/day. See Mint Corp working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Mint Corp (2015–2020)
Defensive interval ratio of Mint Corp from 2015 to 2020. This chart shows how Mint Corp's Defensive Interval Ratio has evolved across 4 annual periods from 2015 to 2020. As of June 2023, the ratio stands at 608 days, meaning defensive assets of CA$1.13 Million can fund 608 days of operations without new revenue. Check Mint Corp asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Mint Corp Defensive Interval Ratio by Year (2015–2020)
Mint Corp defensive interval ratio by year from 2015 to 2020. The table below presents the year-by-year Defensive Interval Ratio for Mint Corp from 2015 to 2020, 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 the complete balance sheet picture, see total assets of Mint Corp.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2020 | 2 days | CA$54.09K | CA$24.14K/day | CA$- | CA$- | ▲ +1 days |
| 2019 | 1 days | CA$26.24K | CA$19.59K/day | CA$- | CA$- | ▼ -26 days |
| 2016 | 27 days | CA$514.58K | CA$18.99K/day | CA$- | CA$0.00 | ▼ -298 days |
| 2015 | 325 days | CA$3.58 Million | CA$11.00K/day | CA$- | CA$3.19 Million | — |