Manganese X Energy Corp (MN) — Defensive Interval Ratio

Latest as of December 2023: 137 days

Manganese X Energy Corp (MN) has a Defensive Interval Ratio of 137 days as of December 2023. Defensive assets of CA$70.17K (cash CA$-, short-term investments CA$-, receivables CA$70.17K) cover 137 days of daily cash needs of CA$512.82/day. Check MN intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

137 days
Days of operational coverage

Defensive Assets

CA$70.17K
Cash + ST Investments + Receivables

Daily Cash Need

CA$512.82
Current Liabilities ÷ 365

Current Liabilities

CA$187.18K
CAD

Manganese X Energy Corp Defensive Interval Ratio (2009–2023)

This chart shows how Manganese X Energy Corp's Defensive Interval Ratio has evolved across 15 annual periods from 2009 to 2023. As of December 2023, the ratio stands at 137 days, meaning defensive assets of CA$70.17K can fund 137 days of operations without new revenue. Also explore MN net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Manganese X Energy Corp (2009–2023)

The table below presents the year-by-year Defensive Interval Ratio for Manganese X Energy Corp from 2009 to 2023, covering 15 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 MN stock market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 717 days CA$209.91K CA$292.74/day CA$- CA$- ▲ +378 days
2022 339 days CA$119.16K CA$351.87/day CA$- CA$- ▲ +40 days
2021 299 days CA$199.20K CA$667.16/day CA$- CA$- ▲ +186 days
2020 113 days CA$39.80K CA$352.88/day CA$- CA$- ▲ +105 days
2019 8 days CA$15.42K CA$2.06K/day CA$- CA$- ▼ -89 days
2018 97 days CA$24.83K CA$256.53/day CA$- CA$- ▼ -220 days
2017 317 days CA$113.57K CA$358.60/day CA$- CA$- ▲ +314 days
2016 2 days CA$9.81K CA$4.13K/day CA$- CA$- ▲ +0 days
2015 2 days CA$8.19K CA$4.33K/day CA$- CA$- ▼ -3 days
2014 5 days CA$15.89K CA$3.24K/day CA$- CA$- ▼ -25 days
2013 30 days CA$70.82K CA$2.35K/day CA$- CA$- ▼ -6 days
2012 36 days CA$186.35K CA$5.15K/day CA$- CA$- ▼ -76 days
2011 112 days CA$110.15K CA$981.02/day CA$- CA$- ▲ +73 days
2010 39 days CA$29.91K CA$758.50/day CA$- CA$- ▲ +26 days
2009 14 days CA$672.00 CA$48.45/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)