Velocity Minerals Ltd Defensive Interval Ratio
Velocity Minerals Ltd defensive interval ratio. Velocity Minerals Ltd (VLC) has a Defensive Interval Ratio of 147 days as of June 2025. Defensive assets of CA$473.80K (cash CA$-, short-term investments CA$-, receivables CA$473.80K) cover 147 days of daily cash needs of CA$3.22K/day. See how liquid is Velocity Minerals Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Velocity Minerals Ltd (2013–2024)
Defensive interval ratio of Velocity Minerals Ltd from 2013 to 2024. This chart shows how Velocity Minerals Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of June 2025, the ratio stands at 147 days, meaning defensive assets of CA$473.80K can fund 147 days of operations without new revenue. Read Velocity Minerals Ltd (VLC) financial obligations for a breakdown of total debt and financial obligations.
Velocity Minerals Ltd Defensive Interval Ratio by Year (2013–2024)
Velocity Minerals Ltd defensive interval ratio by year from 2013 to 2024. The table below presents the year-by-year Defensive Interval Ratio for Velocity Minerals Ltd from 2013 to 2024, covering 12 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 the complete balance sheet picture, see Velocity Minerals Ltd asset portfolio.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 6 days | CA$15.69K | CA$2.42K/day | CA$- | CA$- | ▼ -52 days |
| 2023 | 59 days | CA$145.77K | CA$2.48K/day | CA$- | CA$- | ▲ +44 days |
| 2022 | 14 days | CA$18.06K | CA$1.27K/day | CA$- | CA$- | ▲ +14 days |
| 2021 | 1 days | CA$819.00 | CA$1.18K/day | CA$- | CA$- | ▼ -29 days |
| 2020 | 30 days | CA$76.85K | CA$2.55K/day | CA$- | CA$- | ▼ -3 days |
| 2019 | 33 days | CA$76.12K | CA$2.30K/day | CA$- | CA$- | ▲ +25 days |
| 2018 | 8 days | CA$7.08K | CA$845.14/day | CA$- | CA$- | ▼ -20 days |
| 2017 | 29 days | CA$10.93K | CA$380.10/day | CA$- | CA$- | ▲ +27 days |
| 2016 | 2 days | CA$4.35K | CA$2.61K/day | CA$- | CA$- | ▲ +1 days |
| 2015 | 0 days | CA$839.00 | CA$2.20K/day | CA$- | CA$0.00 | ▼ -2 days |
| 2014 | 2 days | CA$4.83K | CA$2.41K/day | CA$- | CA$- | ▼ -2 days |
| 2013 | 4 days | CA$9.60K | CA$2.16K/day | CA$- | CA$- | — |