Namibia Critical Metals Inc (NMI) — Defensive Interval Ratio

Latest as of November 2023: 65 days

Namibia Critical Metals Inc (NMI) has a Defensive Interval Ratio of 65 days as of November 2023. Defensive assets of CA$260.81K (cash CA$-, short-term investments CA$-, receivables CA$260.81K) cover 65 days of daily cash needs of CA$4.04K/day.

Defensive Interval Ratio

65 days

Days of operational coverage

Defensive Assets

CA$260.81K

Cash + ST Investments + Receivables

Daily Cash Need

CA$4.04K

Current Liabilities ÷ 365

Current Liabilities

CA$1.47 Million

CAD

Namibia Critical Metals Inc Defensive Interval Ratio (2010–2023)

This chart shows how Namibia Critical Metals Inc's Defensive Interval Ratio has evolved across 14 annual periods from 2010 to 2023. As of November 2023, the ratio stands at 65 days, meaning defensive assets of CA$260.81K can fund 65 days of operations without new revenue. For the complete balance sheet picture, see NMI asset base.

Annual Defensive Interval Ratio for Namibia Critical Metals Inc (2010–2023)

The table below presents the year-by-year Defensive Interval Ratio for Namibia Critical Metals Inc from 2010 to 2023, covering 14 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 Namibia Critical Metals Inc working capital to net assets 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)
2023	65 days	CA$260.81K	CA$4.04K/day	CA$-	CA$-	▼ -114 days
2022	179 days	CA$610.81K	CA$3.42K/day	CA$-	CA$1.00	▲ +113 days
2021	65 days	CA$387.38K	CA$5.92K/day	CA$-	CA$-	▼ -83 days
2020	149 days	CA$404.50K	CA$2.72K/day	CA$-	CA$-	▲ +67 days
2019	82 days	CA$99.27K	CA$1.22K/day	CA$-	CA$-	▼ -51 days
2018	133 days	CA$184.19K	CA$1.39K/day	CA$-	CA$28.15K	▼ -159 days
2017	292 days	CA$85.01K	CA$290.77/day	CA$-	CA$33.98K	▲ +253 days
2016	39 days	CA$102.02K	CA$2.62K/day	CA$-	CA$41.04K	▼ -75 days
2015	114 days	CA$188.82K	CA$1.65K/day	CA$-	CA$41.91K	▼ -55 days
2014	169 days	CA$319.21K	CA$1.89K/day	CA$-	CA$-	▼ -165 days
2013	334 days	CA$565.75K	CA$1.70K/day	CA$-	CA$-	▲ +97 days
2012	237 days	CA$749.23K	CA$3.17K/day	CA$-	CA$-	▲ +96 days
2011	141 days	CA$350.70K	CA$2.49K/day	CA$-	CA$-	▲ +6 days
2010	135 days	CA$142.26K	CA$1.06K/day	CA$-	CA$-	—

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