Solis Minerals Ltd (SLMN) — Defensive Interval Ratio

Latest as of February 2025: 64 days

Solis Minerals Ltd (SLMN) has a Defensive Interval Ratio of 64 days as of February 2025. Defensive assets of CA$87.48K (cash CA$-, short-term investments CA$-, receivables CA$87.48K) cover 64 days of daily cash needs of CA$1.37K/day. Check Solis Minerals Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

64 days
Days of operational coverage

Defensive Assets

CA$87.48K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.37K
Current Liabilities ÷ 365

Current Liabilities

CA$500.77K
CAD

Solis Minerals Ltd Defensive Interval Ratio (2017–2023)

This chart shows how Solis Minerals Ltd's Defensive Interval Ratio has evolved across 7 annual periods from 2017 to 2023. As of February 2025, the ratio stands at 64 days, meaning defensive assets of CA$87.48K can fund 64 days of operations without new revenue. Also explore SLMN net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Solis Minerals Ltd (2017–2023)

The table below presents the year-by-year Defensive Interval Ratio for Solis Minerals Ltd from 2017 to 2023, 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 Solis Minerals Ltd (SLMN) total market value.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 28 days CA$41.70K CA$1.52K/day CA$- CA$- ▲ +14 days
2022 13 days CA$35.95K CA$2.67K/day CA$- CA$- ▼ -32 days
2021 45 days CA$66.27K CA$1.47K/day CA$- CA$- ▲ +17 days
2020 28 days CA$127.78K CA$4.59K/day CA$- CA$- ▼ -26 days
2019 54 days CA$153.90K CA$2.87K/day CA$- CA$- ▼ -243 days
2018 296 days CA$216.74K CA$731.57/day CA$- CA$- ▲ +210 days
2017 87 days CA$28.57K CA$330.00/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)