Magna Mining Inc (NICU) — Defensive Interval Ratio
Magna Mining Inc (NICU) has a Defensive Interval Ratio of 298 days as of September 2025. Defensive assets of CA$25.75 Million (cash CA$-, short-term investments CA$-, receivables CA$25.75 Million) cover 298 days of daily cash needs of CA$86.49K/day. Check Magna Mining Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Magna Mining Inc Defensive Interval Ratio (2018–2024)
This chart shows how Magna Mining Inc's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 298 days, meaning defensive assets of CA$25.75 Million can fund 298 days of operations without new revenue. Also explore NICU net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Magna Mining Inc (2018–2024)
The table below presents the year-by-year Defensive Interval Ratio for Magna Mining Inc from 2018 to 2024, covering 7 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 market cap of Magna Mining Inc.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 142 days | CA$1.42 Million | CA$9.98K/day | CA$- | CA$41.02K | ▲ +139 days |
| 2023 | 3 days | CA$41.02K | CA$12.57K/day | CA$- | CA$41.02K | ▼ -49 days |
| 2022 | 52 days | CA$622.08K | CA$11.91K/day | CA$- | CA$0.00 | ▼ -73 days |
| 2021 | 125 days | CA$502.92K | CA$4.02K/day | CA$- | CA$- | ▲ +98 days |
| 2020 | 27 days | CA$64.86K | CA$2.38K/day | CA$- | CA$- | ▲ +2 days |
| 2019 | 25 days | CA$49.33K | CA$1.99K/day | CA$- | CA$- | ▼ -16 days |
| 2018 | 41 days | CA$94.75K | CA$2.33K/day | CA$- | CA$- | — |