Metalex Ventures Ltd. Defensive Interval Ratio
Metalex Ventures Ltd. defensive interval ratio. Metalex Ventures Ltd. (MTX) has a Defensive Interval Ratio of 6 days as of January 2024. Defensive assets of CA$39.68K (cash CA$-, short-term investments CA$-, receivables CA$39.68K) cover 6 days of daily cash needs of CA$6.82K/day. See MTX working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Metalex Ventures Ltd. (2003–2023)
Defensive interval ratio of Metalex Ventures Ltd. from 2003 to 2023. This chart shows how Metalex Ventures Ltd.'s Defensive Interval Ratio has evolved across 21 annual periods from 2003 to 2023. As of January 2024, the ratio stands at 6 days, meaning defensive assets of CA$39.68K can fund 6 days of operations without new revenue. Check Metalex Ventures Ltd. asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Metalex Ventures Ltd. Defensive Interval Ratio by Year (2003–2023)
Metalex Ventures Ltd. defensive interval ratio by year from 2003 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Metalex Ventures Ltd. from 2003 to 2023, covering 21 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 the complete balance sheet picture, see Metalex Ventures Ltd. balance sheet assets.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 5 days | CA$30.54K | CA$5.79K/day | CA$- | CA$- | ▲ +1 days |
| 2022 | 4 days | CA$18.95K | CA$4.40K/day | CA$- | CA$- | ▼ 0 days |
| 2021 | 5 days | CA$26.25K | CA$5.57K/day | CA$- | CA$- | ▲ +4 days |
| 2020 | 0 days | CA$5.08K | CA$11.05K/day | CA$- | CA$- | ▼ -1 days |
| 2019 | 2 days | CA$17.95K | CA$10.02K/day | CA$- | CA$- | ▲ +1 days |
| 2018 | 1 days | CA$7.63K | CA$10.23K/day | CA$- | CA$- | ▼ 0 days |
| 2017 | 1 days | CA$11.67K | CA$12.87K/day | CA$- | CA$- | ▼ -3 days |
| 2016 | 4 days | CA$40.73K | CA$11.57K/day | CA$- | CA$- | ▼ -9 days |
| 2015 | 13 days | CA$164.26K | CA$12.91K/day | CA$- | CA$- | ▼ -10 days |
| 2014 | 22 days | CA$276.49K | CA$12.36K/day | CA$- | CA$- | ▲ +11 days |
| 2013 | 11 days | CA$99.73K | CA$9.07K/day | CA$- | CA$- | ▼ -29 days |
| 2012 | 40 days | CA$211.30K | CA$5.31K/day | CA$- | CA$- | ▲ +30 days |
| 2011 | 9 days | CA$63.21K | CA$6.66K/day | CA$- | CA$- | ▼ -18 days |
| 2010 | 28 days | CA$170.26K | CA$6.17K/day | CA$- | CA$- | ▲ +14 days |
| 2009 | 13 days | CA$243.66K | CA$18.49K/day | CA$- | CA$- | ▼ -228 days |
| 2008 | 242 days | CA$2.31 Million | CA$9.55K/day | CA$- | CA$- | ▲ +176 days |
| 2007 | 65 days | CA$515.72K | CA$7.90K/day | CA$- | CA$- | ▲ +11 days |
| 2006 | 54 days | CA$875.58K | CA$16.19K/day | CA$- | CA$- | ▼ -118 days |
| 2005 | 172 days | CA$723.70K | CA$4.20K/day | CA$- | CA$- | ▲ +130 days |
| 2004 | 43 days | CA$40.58K | CA$954.43/day | CA$- | CA$- | ▲ +28 days |
| 2003 | 15 days | CA$11.67K | CA$796.79/day | CA$- | CA$- | — |