Manitex Capital Inc (MNX) — Defensive Interval Ratio

Latest as of July 2024: 369 days

Manitex Capital Inc (MNX) has a Defensive Interval Ratio of 369 days as of July 2024. Defensive assets of CA$431.28K (cash CA$-, short-term investments CA$431.28K, receivables CA$-) cover 369 days of daily cash needs of CA$1.17K/day. Check tangible net worth ratio of Manitex Capital Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

369 days
Days of operational coverage

Defensive Assets

CA$431.28K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.17K
Current Liabilities ÷ 365

Current Liabilities

CA$426.57K
CAD

Manitex Capital Inc Defensive Interval Ratio (2013–2023)

This chart shows how Manitex Capital Inc's Defensive Interval Ratio has evolved across 11 annual periods from 2013 to 2023. As of July 2024, the ratio stands at 369 days, meaning defensive assets of CA$431.28K can fund 369 days of operations without new revenue. Also explore MNX net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Manitex Capital Inc (2013–2023)

The table below presents the year-by-year Defensive Interval Ratio for Manitex Capital Inc from 2013 to 2023, covering 11 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 market cap of Manitex Capital Inc.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 564 days CA$1.56 Million CA$2.76K/day CA$- CA$1.56 Million ▼ -1143 days
2022 1707 days CA$3.93 Million CA$2.30K/day CA$- CA$3.47 Million ▼ -533 days
2021 2240 days CA$4.93 Million CA$2.20K/day CA$- CA$4.51 Million ▼ -1681 days
2020 3921 days CA$6.61 Million CA$1.68K/day CA$- CA$6.09 Million ▲ +2589 days
2019 1332 days CA$3.28 Million CA$2.47K/day CA$- CA$2.66 Million ▲ +698 days
2018 634 days CA$6.24 Million CA$9.85K/day CA$- CA$5.20 Million ▼ -250 days
2017 884 days CA$9.37 Million CA$10.60K/day CA$- CA$7.84 Million ▼ -1216 days
2016 2101 days CA$10.07 Million CA$4.80K/day CA$- CA$5.84 Million ▲ +218 days
2015 1882 days CA$5.60 Million CA$2.97K/day CA$- CA$2.00 Million ▲ +1668 days
2014 214 days CA$3.07 Million CA$14.37K/day CA$- CA$- ▲ +45 days
2013 169 days CA$850.55K CA$5.03K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)