Metallis Resources Inc. (MTS) — Defensive Interval Ratio

Latest as of March 2024: 8 days

Metallis Resources Inc. (MTS) has a Defensive Interval Ratio of 8 days as of March 2024. Defensive assets of CA$6.98K (cash CA$-, short-term investments CA$-, receivables CA$6.98K) cover 8 days of daily cash needs of CA$917.66/day. Check MTS intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

8 days
Days of operational coverage

Defensive Assets

CA$6.98K
Cash + ST Investments + Receivables

Daily Cash Need

CA$917.66
Current Liabilities ÷ 365

Current Liabilities

CA$334.95K
CAD

Metallis Resources Inc. Defensive Interval Ratio (2007–2023)

This chart shows how Metallis Resources Inc.'s Defensive Interval Ratio has evolved across 17 annual periods from 2007 to 2023. As of March 2024, the ratio stands at 8 days, meaning defensive assets of CA$6.98K can fund 8 days of operations without new revenue. Also explore how fast is Metallis Resources Inc. growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Metallis Resources Inc. (2007–2023)

The table below presents the year-by-year Defensive Interval Ratio for Metallis Resources Inc. from 2007 to 2023, covering 17 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 Metallis Resources Inc. market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 20 days CA$9.77K CA$479.47/day CA$- CA$- ▼ -175 days
2022 196 days CA$107.69K CA$550.50/day CA$- CA$- ▼ -999 days
2021 1194 days CA$223.28K CA$186.94/day CA$- CA$- ▲ +980 days
2020 215 days CA$180.24K CA$839.72/day CA$- CA$- ▼ -727 days
2019 941 days CA$862.77K CA$916.48/day CA$- CA$0.00 ▼ -2225 days
2018 3167 days CA$678.88K CA$214.39/day CA$- CA$83.25K ▲ +2477 days
2017 690 days CA$144.37K CA$209.23/day CA$- CA$78.75K ▲ +632 days
2016 58 days CA$70.07K CA$1.20K/day CA$- CA$66.38K ▲ +8 days
2015 50 days CA$59.29K CA$1.18K/day CA$- CA$42.00K ▼ -179 days
2014 230 days CA$156.81K CA$683.24/day CA$- CA$153.00K ▲ +135 days
2013 95 days CA$92.89K CA$980.43/day CA$- CA$73.50K ▼ -158 days
2012 253 days CA$556.86K CA$2.20K/day CA$- CA$60.00K ▲ +48 days
2011 205 days CA$527.32K CA$2.58K/day CA$- CA$- ▼ -343 days
2010 548 days CA$958.38K CA$1.75K/day CA$- CA$- ▲ +432 days
2009 115 days CA$42.77K CA$370.50/day CA$- CA$- ▼ -128 days
2008 243 days CA$5.84K CA$24.03/day CA$- CA$- ▲ +62 days
2007 181 days CA$5.47K CA$30.24/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)