Search Minerals Inc (SMY) — Defensive Interval Ratio

Latest as of February 2026: 5 days

Search Minerals Inc (SMY) has a Defensive Interval Ratio of 5 days as of February 2026. Defensive assets of CA$87.44K (cash CA$-, short-term investments CA$-, receivables CA$87.44K) cover 5 days of daily cash needs of CA$18.76K/day. Check tangible equity quality of Search Minerals Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

5 days
Days of operational coverage

Defensive Assets

CA$87.44K
Cash + ST Investments + Receivables

Daily Cash Need

CA$18.76K
Current Liabilities ÷ 365

Current Liabilities

CA$6.85 Million
CAD

Search Minerals Inc Defensive Interval Ratio (2008–2025)

This chart shows how Search Minerals Inc's Defensive Interval Ratio has evolved across 18 annual periods from 2008 to 2025. As of February 2026, the ratio stands at 5 days, meaning defensive assets of CA$87.44K can fund 5 days of operations without new revenue. Also explore SMY net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Search Minerals Inc (2008–2025)

The table below presents the year-by-year Defensive Interval Ratio for Search Minerals Inc from 2008 to 2025, covering 18 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 SMY stock market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 2 days CA$36.43K CA$19.81K/day CA$- CA$- ▼ -2 days
2024 4 days CA$58.10K CA$13.95K/day CA$- CA$- ▲ +3 days
2023 1 days CA$14.96K CA$10.09K/day CA$- CA$- ▼ -121 days
2022 123 days CA$749.48K CA$6.11K/day CA$- CA$- ▲ +51 days
2021 71 days CA$133.12K CA$1.87K/day CA$- CA$- ▲ +69 days
2020 3 days CA$15.70K CA$6.08K/day CA$- CA$- ▼ -12 days
2019 15 days CA$96.63K CA$6.64K/day CA$- CA$- ▲ +8 days
2018 7 days CA$37.09K CA$5.29K/day CA$- CA$- ▼ -16 days
2017 23 days CA$82.58K CA$3.66K/day CA$- CA$- ▼ -215 days
2016 237 days CA$292.02K CA$1.23K/day CA$- CA$0.00 ▲ +28 days
2015 210 days CA$546.07K CA$2.61K/day CA$- CA$105.00K ▲ +190 days
2014 20 days CA$86.03K CA$4.37K/day CA$- CA$- ▼ -2 days
2013 21 days CA$55.73K CA$2.60K/day CA$- CA$- ▼ -126 days
2012 147 days CA$267.29K CA$1.81K/day CA$- CA$- ▼ -127 days
2011 275 days CA$1.57 Million CA$5.71K/day CA$- CA$405.50K ▲ +99 days
2010 176 days CA$781.73K CA$4.44K/day CA$- CA$40.00K ▲ +123 days
2009 53 days CA$47.65K CA$905.38/day CA$- CA$- ▼ -55 days
2008 108 days CA$18.69K CA$173.07/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)