DAVIDsTEA Inc (DAT) — Defensive Interval Ratio

Latest as of July 2023: 42 days

DAVIDsTEA Inc (DAT) has a Defensive Interval Ratio of 42 days as of July 2023. Defensive assets of €1.68 Million (cash €-, short-term investments €-, receivables €1.68 Million) cover 42 days of daily cash needs of €39.93K/day. Check how tangible is DAVIDsTEA Inc's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

42 days
Days of operational coverage

Defensive Assets

€1.68 Million
Cash + ST Investments + Receivables

Daily Cash Need

€39.93K
Current Liabilities ÷ 365

Current Liabilities

€14.57 Million
EUR

DAVIDsTEA Inc Defensive Interval Ratio (2017–2026)

This chart shows how DAVIDsTEA Inc's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2026. As of July 2023, the ratio stands at 42 days, meaning defensive assets of €1.68 Million can fund 42 days of operations without new revenue. Also explore net asset momentum of DAVIDsTEA Inc to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for DAVIDsTEA Inc (2017–2026)

The table below presents the year-by-year Defensive Interval Ratio for DAVIDsTEA Inc from 2017 to 2026, covering 9 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 DAT market cap overview.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2026 18 days €804.00K €44.47K/day €- €- ▼ -9 days
2025 27 days €1.44 Million €53.15K/day €- €- ▼ -32 days
2023 59 days €3.26 Million €55.39K/day €- €- ▲ +1 days
2022 58 days €3.21 Million €55.06K/day €- €- ▲ +52 days
2021 6 days €1.94 Million €307.34K/day €- €- ▼ -54 days
2020 60 days €7.26 Million €120.77K/day €- €- ▼ -32 days
2019 92 days €7.79 Million €84.67K/day €- €- ▲ +1 days
2018 91 days €6.10 Million €67.12K/day €- €- ▲ +37 days
2017 54 days €4.02 Million €74.32K/day €- €0.00
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)