Majestic Gold Corp. Defensive Interval Ratio
Majestic Gold Corp. defensive interval ratio. Majestic Gold Corp. (MJS) has a Defensive Interval Ratio of 46 days as of March 2024. Defensive assets of CA$2.84 Million (cash CA$-, short-term investments CA$-, receivables CA$2.84 Million) cover 46 days of daily cash needs of CA$61.48K/day. See Majestic Gold 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 Majestic Gold Corp. (2002–2023)
Defensive interval ratio of Majestic Gold Corp. from 2002 to 2023. This chart shows how Majestic Gold Corp.'s Defensive Interval Ratio has evolved across 22 annual periods from 2002 to 2023. As of March 2024, the ratio stands at 46 days, meaning defensive assets of CA$2.84 Million can fund 46 days of operations without new revenue. Check MJS asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Majestic Gold Corp. Defensive Interval Ratio by Year (2002–2023)
Majestic Gold Corp. defensive interval ratio by year from 2002 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Majestic Gold Corp. from 2002 to 2023, covering 22 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 Majestic Gold Corp. total assets.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 15 days | CA$1.03 Million | CA$70.88K/day | CA$- | CA$0.00 | ▼ -135 days |
| 2022 | 149 days | CA$8.61 Million | CA$57.70K/day | CA$- | CA$7.38 Million | ▲ +145 days |
| 2021 | 4 days | CA$272.70K | CA$67.85K/day | CA$- | CA$0.00 | ▲ +4 days |
| 2020 | 0 days | CA$18.31K | CA$87.45K/day | CA$- | CA$- | ▼ -1 days |
| 2019 | 1 days | CA$57.83K | CA$66.84K/day | CA$- | CA$42.34K | ▼ -6 days |
| 2018 | 6 days | CA$517.54K | CA$79.95K/day | CA$- | CA$- | ▼ -19 days |
| 2017 | 25 days | CA$2.19 Million | CA$86.16K/day | CA$- | CA$301.07K | ▲ +23 days |
| 2016 | 2 days | CA$217.02K | CA$90.52K/day | CA$- | CA$0.00 | ▼ -15 days |
| 2015 | 17 days | CA$1.41 Million | CA$83.01K/day | CA$- | CA$196.45K | ▲ +13 days |
| 2014 | 4 days | CA$257.76K | CA$61.13K/day | CA$- | CA$34.38K | ▼ -5 days |
| 2013 | 9 days | CA$567.48K | CA$61.77K/day | CA$- | CA$26.24K | ▼ -2 days |
| 2012 | 12 days | CA$673.23K | CA$58.22K/day | CA$- | CA$82.71K | ▼ -17 days |
| 2011 | 29 days | CA$439.93K | CA$15.23K/day | CA$- | CA$145.07K | ▼ -78 days |
| 2010 | 107 days | CA$1.28 Million | CA$11.92K/day | CA$- | CA$213.50K | ▼ -251 days |
| 2009 | 359 days | CA$3.06 Million | CA$8.52K/day | CA$- | CA$44.99K | ▲ +339 days |
| 2008 | 20 days | CA$181.61K | CA$9.08K/day | CA$- | CA$149.72K | ▼ -25 days |
| 2007 | 45 days | CA$164.16K | CA$3.62K/day | CA$- | CA$- | ▲ +31 days |
| 2006 | 14 days | CA$30.75K | CA$2.19K/day | CA$- | CA$- | ▼ -172 days |
| 2005 | 186 days | CA$353.02K | CA$1.90K/day | CA$- | CA$- | ▲ +175 days |
| 2004 | 10 days | CA$11.47K | CA$1.10K/day | CA$- | CA$- | ▼ -35 days |
| 2003 | 46 days | CA$10.42K | CA$228.32/day | CA$- | CA$- | ▲ +44 days |
| 2002 | 1 days | CA$114.05 | CA$98.20/day | CA$- | CA$- | — |