Melkior Resources Inc. (MKR) — Defensive Interval Ratio

Latest as of May 2024: 139 days

Melkior Resources Inc. (MKR) has a Defensive Interval Ratio of 139 days as of May 2024. Defensive assets of CA$95.14K (cash CA$-, short-term investments CA$-, receivables CA$95.14K) cover 139 days of daily cash needs of CA$685.67/day. Check Melkior Resources Inc. tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

139 days
Days of operational coverage

Defensive Assets

CA$95.14K
Cash + ST Investments + Receivables

Daily Cash Need

CA$685.67
Current Liabilities ÷ 365

Current Liabilities

CA$250.27K
CAD

Melkior Resources Inc. Defensive Interval Ratio (2001–2023)

This chart shows how Melkior Resources Inc.'s Defensive Interval Ratio has evolved across 23 annual periods from 2001 to 2023. As of May 2024, the ratio stands at 139 days, meaning defensive assets of CA$95.14K can fund 139 days of operations without new revenue. Also explore Melkior Resources Inc. net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Melkior Resources Inc. (2001–2023)

The table below presents the year-by-year Defensive Interval Ratio for Melkior Resources Inc. from 2001 to 2023, covering 23 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 Melkior Resources Inc. (MKR) market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 52 days CA$43.12K CA$827.16/day CA$- CA$0.00 ▼ -240 days
2022 292 days CA$279.66K CA$958.04/day CA$- CA$257.00K ▼ -2262 days
2021 2554 days CA$223.77K CA$87.60/day CA$- CA$215.00K ▲ +1185 days
2020 1369 days CA$1.06 Million CA$771.87/day CA$- CA$340.00K ▼ -2393 days
2019 3762 days CA$521.53K CA$138.63/day CA$- CA$490.00K ▼ -6798 days
2018 10560 days CA$619.03K CA$58.62/day CA$- CA$569.56K ▲ +6613 days
2017 3947 days CA$731.74K CA$185.39/day CA$- CA$662.07K ▼ -4231 days
2016 8178 days CA$658.65K CA$80.54/day CA$- CA$535.24K ▲ +6850 days
2015 1328 days CA$82.17K CA$61.89/day CA$- CA$73.59K ▼ -1419 days
2014 2747 days CA$220.79K CA$80.39/day CA$- CA$185.41K ▼ -1461 days
2013 4208 days CA$195.55K CA$46.47/day CA$- CA$156.75K ▲ +1814 days
2012 2394 days CA$1.39 Million CA$580.08/day CA$- CA$1.28 Million ▲ +1544 days
2011 851 days CA$2.48 Million CA$2.91K/day CA$- CA$2.23 Million ▼ -1769 days
2010 2619 days CA$5.44 Million CA$2.08K/day CA$- CA$5.28 Million ▼ -4238 days
2009 6857 days CA$3.05 Million CA$444.66/day CA$- CA$2.86 Million ▲ +4182 days
2008 2674 days CA$3.84 Million CA$1.44K/day CA$- CA$3.63 Million ▲ +1956 days
2007 719 days CA$740.77K CA$1.03K/day CA$- CA$- ▲ +496 days
2006 223 days CA$71.32K CA$319.87/day CA$- CA$- ▲ +197 days
2005 26 days CA$19.88K CA$772.65/day CA$- CA$- ▼ -7 days
2004 32 days CA$19.10K CA$591.10/day CA$- CA$- ▼ -186 days
2003 219 days CA$124.02K CA$567.49/day CA$- CA$- ▲ +213 days
2002 5 days CA$1.65K CA$324.86/day CA$- CA$- ▼ 0 days
2001 5 days CA$2.42K CA$451.61/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)