Nicola Mining Inc (NIM) — Defensive Interval Ratio
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.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. For the complete balance sheet picture, see Nicola Mining Inc asset portfolio.
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. See NIM working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
| 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$- | — |