Murchison Minerals Ltd (MUR) — Defensive Interval Ratio

Latest as of December 2023: 777 days

Murchison Minerals Ltd (MUR) has a Defensive Interval Ratio of 777 days as of December 2023. Defensive assets of CA$393.50K (cash CA$-, short-term investments CA$-, receivables CA$393.50K) cover 777 days of daily cash needs of CA$506.51/day. Check MUR goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

777 days
Days of operational coverage

Defensive Assets

CA$393.50K
Cash + ST Investments + Receivables

Daily Cash Need

CA$506.51
Current Liabilities ÷ 365

Current Liabilities

CA$184.88K
CAD

Murchison Minerals Ltd Defensive Interval Ratio (2003–2023)

This chart shows how Murchison Minerals Ltd's Defensive Interval Ratio has evolved across 21 annual periods from 2003 to 2023. As of December 2023, the ratio stands at 777 days, meaning defensive assets of CA$393.50K can fund 777 days of operations without new revenue. Also explore Murchison Minerals Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Murchison Minerals Ltd (2003–2023)

The table below presents the year-by-year Defensive Interval Ratio for Murchison Minerals 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 Murchison Minerals Ltd (MUR) market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 777 days CA$393.50K CA$506.51/day CA$- CA$- ▲ +47 days
2022 730 days CA$819.05K CA$1.12K/day CA$- CA$- ▲ +512 days
2021 218 days CA$247.33K CA$1.13K/day CA$- CA$- ▲ +89 days
2020 129 days CA$81.70K CA$632.60/day CA$- CA$- ▲ +109 days
2019 20 days CA$20.48K CA$1.00K/day CA$- CA$- ▼ -134 days
2018 155 days CA$76.31K CA$492.78/day CA$- CA$- ▲ +77 days
2017 78 days CA$26.12K CA$336.61/day CA$- CA$- ▼ -180 days
2016 258 days CA$47.06K CA$182.40/day CA$- CA$- ▲ +156 days
2015 102 days CA$38.70K CA$379.91/day CA$- CA$- ▼ -2 days
2014 104 days CA$67.92K CA$654.21/day CA$- CA$- ▲ +74 days
2013 30 days CA$18.00K CA$606.37/day CA$- CA$- ▼ -363 days
2012 393 days CA$78.43K CA$199.52/day CA$- CA$- ▲ +310 days
2011 83 days CA$46.16K CA$552.99/day CA$- CA$- ▼ -1312 days
2010 1395 days CA$385.11K CA$276.01/day CA$- CA$- ▲ +451 days
2009 944 days CA$607.43K CA$643.51/day CA$- CA$- ▼ -3617 days
2008 4561 days CA$1.99 Million CA$436.08/day CA$- CA$- ▲ +3157 days
2007 1404 days CA$1.88 Million CA$1.34K/day CA$- CA$- ▼ -2140 days
2006 3544 days CA$1.34 Million CA$377.55/day CA$- CA$- ▲ +1614 days
2005 1930 days CA$1.38 Million CA$714.46/day CA$- CA$- ▲ +1747 days
2004 183 days CA$187.18K CA$1.02K/day CA$- CA$- ▼ -1277 days
2003 1460 days CA$483.01K CA$330.85/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)