Nicola Mining Inc (NIM) — Defensive Interval Ratio

Latest as of September 2025: 481 days

Nicola Mining Inc (NIM) has a Defensive Interval Ratio of 481 days as of September 2025. Defensive assets of CA$3.98 Million (cash CA$-, short-term investments CA$3.57 Million, receivables CA$405.06K) cover 481 days of daily cash needs of CA$8.27K/day. Check NIM intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

481 days
Days of operational coverage

Defensive Assets

CA$3.98 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$8.27K
Current Liabilities ÷ 365

Current Liabilities

CA$3.02 Million
CAD

Nicola Mining Inc Defensive Interval Ratio (1997–2024)

This chart shows how Nicola Mining Inc's Defensive Interval Ratio has evolved across 28 annual periods from 1997 to 2024. As of September 2025, the ratio stands at 481 days, meaning defensive assets of CA$3.98 Million can fund 481 days of operations without new revenue. Also explore NIM net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Nicola Mining Inc (1997–2024)

The table below presents the year-by-year Defensive Interval Ratio for Nicola Mining Inc from 1997 to 2024, covering 28 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 NIM market cap overview.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 84 days CA$1.43 Million CA$17.06K/day CA$- CA$1.08 Million ▼ -212 days
2023 296 days CA$566.71K CA$1.91K/day CA$- CA$0.00 ▼ -57 days
2022 353 days CA$1.20 Million CA$3.40K/day CA$- CA$0.00 ▲ +315 days
2021 38 days CA$734.87K CA$19.23K/day CA$- CA$- ▼ -6 days
2020 45 days CA$100.88K CA$2.26K/day CA$- CA$- ▼ -51 days
2019 95 days CA$241.01K CA$2.53K/day CA$- CA$- ▲ +88 days
2018 7 days CA$222.90K CA$31.05K/day CA$- CA$- ▲ +1 days
2017 6 days CA$102.16K CA$17.10K/day CA$- CA$- ▼ -5 days
2016 11 days CA$334.00K CA$29.96K/day CA$- CA$- ▲ +9 days
2015 2 days CA$25.70K CA$12.15K/day CA$- CA$- ▼ 0 days
2014 3 days CA$58.77K CA$22.73K/day CA$- CA$- ▼ -11 days
2013 14 days CA$1.12 Million CA$79.56K/day CA$- CA$- ▼ -41 days
2012 55 days CA$2.74 Million CA$50.14K/day CA$- CA$- ▼ -54 days
2011 108 days CA$2.22 Million CA$20.50K/day CA$- CA$- ▼ -2795 days
2010 2903 days CA$408.69K CA$140.79/day CA$- CA$300.00K ▲ +2901 days
2009 2 days CA$272.00 CA$143.96/day CA$- CA$- ▼ -7 days
2008 9 days CA$1.41K CA$165.08/day CA$- CA$- ▼ -1665 days
2007 1673 days CA$277.71K CA$165.97/day CA$- CA$260.00K ▲ +119 days
2006 1554 days CA$158.20K CA$101.81/day CA$- CA$145.00K ▲ +1474 days
2005 80 days CA$2.77K CA$34.53/day CA$- CA$- ▲ +35 days
2004 46 days CA$1.03K CA$22.53/day CA$- CA$- ▼ -55 days
2003 101 days CA$551.00 CA$5.48/day CA$- CA$- ▲ +78 days
2002 22 days CA$137.00 CA$6.13/day CA$- CA$- ▼ -260 days
2001 282 days CA$1.55K CA$5.48/day CA$- CA$- ▲ +6 days
2000 277 days CA$1.68K CA$6.09/day CA$- CA$- ▼ -27 days
1999 304 days CA$1.39K CA$4.59/day CA$- CA$- ▼ -168 days
1998 472 days CA$2.32K CA$4.91/day CA$- CA$- ▲ +450 days
1997 22 days CA$1.91K CA$88.02/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)