PPX Mining Corp (PPX) — Defensive Interval Ratio

Latest as of March 2026: 54 days

PPX Mining Corp (PPX) has a Defensive Interval Ratio of 54 days as of March 2026. Defensive assets of CA$6.91 Million (cash CA$-, short-term investments CA$-, receivables CA$6.91 Million) cover 54 days of daily cash needs of CA$129.02K/day.

Defensive Interval Ratio

54 days
Days of operational coverage

Defensive Assets

CA$6.91 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$129.02K
Current Liabilities ÷ 365

Current Liabilities

CA$47.09 Million
CAD

PPX Mining Corp Defensive Interval Ratio (2013–2025)

This chart shows how PPX Mining Corp's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 54 days, meaning defensive assets of CA$6.91 Million can fund 54 days of operations without new revenue. For the complete balance sheet picture, see how large is PPX Mining Corp's balance sheet.

Annual Defensive Interval Ratio for PPX Mining Corp (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for PPX Mining Corp from 2013 to 2025, covering 13 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 PPX Mining Corp current assets vs equity 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)
2025 126 days CA$4.72 Million CA$37.45K/day CA$- CA$- ▲ +126 days
2024 0 days CA$0.00 CA$5.09K/day CA$- CA$- ▼ -219 days
2023 219 days CA$1.49 Million CA$6.82K/day CA$- CA$- ▲ +213 days
2022 6 days CA$236.89K CA$38.18K/day CA$- CA$- ▲ +4 days
2021 3 days CA$84.57K CA$32.78K/day CA$- CA$- ▲ +1 days
2020 1 days CA$33.55K CA$27.16K/day CA$- CA$- ▼ -8 days
2019 9 days CA$159.03K CA$17.97K/day CA$- CA$- ▼ -58 days
2018 67 days CA$303.41K CA$4.51K/day CA$- CA$- ▼ -109 days
2017 176 days CA$401.65K CA$2.28K/day CA$- CA$- ▲ +173 days
2016 4 days CA$23.52K CA$6.67K/day CA$- CA$- ▲ +1 days
2015 2 days CA$23.87K CA$11.38K/day CA$- CA$- ▲ +1 days
2014 1 days CA$19.32K CA$13.67K/day CA$- CA$- ▼ -4 days
2013 6 days CA$48.43K CA$8.24K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)