Magna Terra Minerals Inc (MTT) — Defensive Interval Ratio

Latest as of May 2026: 1406 days

Magna Terra Minerals Inc (MTT) has a Defensive Interval Ratio of 1406 days as of May 2026. Defensive assets of CA$2.48 Million (cash CA$-, short-term investments CA$2.48 Million, receivables CA$-) cover 1406 days of daily cash needs of CA$1.76K/day.

Defensive Interval Ratio

1406 days
Days of operational coverage

Defensive Assets

CA$2.48 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.76K
Current Liabilities ÷ 365

Current Liabilities

CA$642.70K
CAD

Magna Terra Minerals Inc Defensive Interval Ratio (2010–2025)

This chart shows how Magna Terra Minerals Inc's Defensive Interval Ratio has evolved across 16 annual periods from 2010 to 2025. As of May 2026, the ratio stands at 1406 days, meaning defensive assets of CA$2.48 Million can fund 1406 days of operations without new revenue. For the complete balance sheet picture, see Magna Terra Minerals Inc (MTT) total assets.

Annual Defensive Interval Ratio for Magna Terra Minerals Inc (2010–2025)

The table below presents the year-by-year Defensive Interval Ratio for Magna Terra Minerals Inc from 2010 to 2025, covering 16 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Magna Terra Minerals Inc (MTT) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 0 days CA$0.00 CA$4.79K/day CA$- CA$0.00 ▼ -450 days
2024 450 days CA$739.44K CA$1.64K/day CA$- CA$739.44K ▲ +428 days
2023 22 days CA$53.38K CA$2.44K/day CA$- CA$16.00K ▼ -64 days
2022 86 days CA$154.53K CA$1.80K/day CA$- CA$55.50K ▼ -63 days
2021 149 days CA$336.26K CA$2.26K/day CA$- CA$124.88K ▲ +100 days
2020 49 days CA$249.88K CA$5.06K/day CA$- CA$186.38K ▲ +35 days
2019 15 days CA$40.10K CA$2.72K/day CA$- CA$35.00K ▲ +0 days
2018 15 days CA$15.04K CA$1.02K/day CA$- CA$0.00 ▼ -2377 days
2017 2392 days CA$1.26 Million CA$527.79/day CA$- CA$1.21 Million ▼ -3195 days
2016 5587 days CA$2.31 Million CA$413.86/day CA$- CA$2.23 Million ▲ +5499 days
2015 88 days CA$52.20K CA$591.05/day CA$- CA$42.37K ▲ +80 days
2014 9 days CA$3.83K CA$437.73/day CA$- CA$- ▼ -76 days
2013 85 days CA$37.47K CA$440.84/day CA$- CA$- ▼ -643 days
2012 728 days CA$80.04K CA$109.89/day CA$- CA$- ▲ +202 days
2011 526 days CA$43.73K CA$83.11/day CA$- CA$- ▼ -1819 days
2010 2346 days CA$130.66K CA$55.70/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)