Millennial Potash Corp. (MLP) — Defensive Interval Ratio

Latest as of February 2026: 40 days

Millennial Potash Corp. (MLP) has a Defensive Interval Ratio of 40 days as of February 2026. Defensive assets of CA$112.09K (cash CA$-, short-term investments CA$-, receivables CA$112.09K) cover 40 days of daily cash needs of CA$2.78K/day. Check Millennial Potash Corp. (MLP) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

40 days
Days of operational coverage

Defensive Assets

CA$112.09K
Cash + ST Investments + Receivables

Daily Cash Need

CA$2.78K
Current Liabilities ÷ 365

Current Liabilities

CA$1.01 Million
CAD

Millennial Potash Corp. Defensive Interval Ratio (2021–2025)

This chart shows how Millennial Potash Corp.'s Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of February 2026, the ratio stands at 40 days, meaning defensive assets of CA$112.09K can fund 40 days of operations without new revenue. Also explore MLP shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Millennial Potash Corp. (2021–2025)

The table below presents the year-by-year Defensive Interval Ratio for Millennial Potash Corp. from 2021 to 2025, covering 5 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 MLP market cap.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 80 days CA$162.10K CA$2.02K/day CA$- CA$- ▲ +55 days
2024 25 days CA$41.29K CA$1.63K/day CA$- CA$- ▲ +4 days
2023 21 days CA$29.23K CA$1.36K/day CA$- CA$- ▼ -53 days
2022 75 days CA$39.79K CA$531.99/day CA$- CA$- ▲ +35 days
2021 40 days CA$10.37K CA$261.30/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)