Southstone Minerals Ltd (SML) — Defensive Interval Ratio

Latest as of February 2026: 174 days

Southstone Minerals Ltd (SML) has a Defensive Interval Ratio of 174 days as of February 2026. Defensive assets of CA$2.90 Million (cash CA$-, short-term investments CA$-, receivables CA$2.90 Million) cover 174 days of daily cash needs of CA$16.63K/day.

Defensive Interval Ratio

174 days
Days of operational coverage

Defensive Assets

CA$2.90 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$16.63K
Current Liabilities ÷ 365

Current Liabilities

CA$6.07 Million
CAD

Southstone Minerals Ltd Defensive Interval Ratio (2016–2025)

This chart shows how Southstone Minerals Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of February 2026, the ratio stands at 174 days, meaning defensive assets of CA$2.90 Million can fund 174 days of operations without new revenue. For the complete balance sheet picture, see Southstone Minerals Ltd asset portfolio.

Annual Defensive Interval Ratio for Southstone Minerals Ltd (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for Southstone Minerals Ltd from 2016 to 2025, covering 10 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 working capital to net assets of Southstone Minerals Ltd 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 0 days CA$97.00 CA$6.29K/day CA$- CA$- ▼ 0 days
2024 0 days CA$95.00 CA$4.85K/day CA$- CA$- ▼ 0 days
2023 0 days CA$89.00 CA$3.95K/day CA$- CA$- ▼ 0 days
2022 0 days CA$1.79K CA$3.68K/day CA$- CA$- ▼ -6 days
2021 7 days CA$27.24K CA$4.16K/day CA$- CA$- ▼ -5 days
2020 12 days CA$68.73K CA$5.87K/day CA$- CA$- ▲ +12 days
2019 0 days CA$119.00 CA$11.14K/day CA$- CA$- ▼ -126 days
2018 126 days CA$1.20 Million CA$9.54K/day CA$- CA$- ▲ +21 days
2017 105 days CA$1.28 Million CA$12.17K/day CA$- CA$- ▲ +25 days
2016 80 days CA$1.13 Million CA$14.14K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)