Velocity Minerals Ltd (VLC) — Defensive Interval Ratio

Latest as of June 2025: 147 days

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.

Defensive Interval Ratio

147 days
Days of operational coverage

Defensive Assets

CA$473.80K
Cash + ST Investments + Receivables

Daily Cash Need

CA$3.22K
Current Liabilities ÷ 365

Current Liabilities

CA$1.17 Million
CAD

Velocity Minerals Ltd Defensive Interval Ratio (2013–2024)

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. For the complete balance sheet picture, see VLC total assets.

Annual Defensive Interval Ratio for Velocity Minerals Ltd (2013–2024)

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. See how liquid is Velocity Minerals Ltd's working capital 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)
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$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)