Metalex Ventures Ltd. (MTX) — Defensive Interval Ratio

Latest as of January 2024: 6 days

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 efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

6 days
Days of operational coverage

Defensive Assets

CA$39.68K
Cash + ST Investments + Receivables

Daily Cash Need

CA$6.82K
Current Liabilities ÷ 365

Current Liabilities

CA$2.49 Million
CAD

Metalex Ventures Ltd. Defensive Interval Ratio (2003–2023)

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. See Metalex Ventures Ltd. (MTX) net asset quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Metalex Ventures Ltd. (2003–2023)

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 live market cap and the full company financial profile, see MTX market cap overview.

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$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)