DMD Digital Health Connections Group Inc (APTOF) — Defensive Interval Ratio

Latest as of March 2024: 60 days

DMD Digital Health Connections Group Inc (APTOF) has a Defensive Interval Ratio of 60 days as of March 2024. Defensive assets of $1.98 Million (cash $-, short-term investments $1.98 Million, receivables $-) cover 60 days of daily cash needs of $33.26K/day. Check DMD Digital Health Connections Group Inc tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

60 days
Days of operational coverage

Defensive Assets

$1.98 Million
Cash + ST Investments + Receivables

Daily Cash Need

$33.26K
Current Liabilities ÷ 365

Current Liabilities

$12.14 Million
USD

DMD Digital Health Connections Group Inc Defensive Interval Ratio (2013–2023)

This chart shows how DMD Digital Health Connections Group Inc's Defensive Interval Ratio has evolved across 8 annual periods from 2013 to 2023. As of March 2024, the ratio stands at 60 days, meaning defensive assets of $1.98 Million can fund 60 days of operations without new revenue. Also explore net asset growth rate of DMD Digital Health Connections Group Inc to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for DMD Digital Health Connections Group Inc (2013–2023)

The table below presents the year-by-year Defensive Interval Ratio for DMD Digital Health Connections Group Inc from 2013 to 2023, covering 8 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 APTOF stock market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 0 days $0.00 $41.83K/day $- $0.00 ▼ -297 days
2022 297 days $9.99 Million $33.65K/day $- $9.99 Million ▼ -1490 days
2021 1787 days $40.01 Million $22.39K/day $- $40.01 Million ▲ +1135 days
2017 652 days $15.39 Million $23.61K/day $- $8.60 Million ▲ +151 days
2016 501 days $13.90 Million $27.76K/day $- $5.76 Million ▲ +187 days
2015 313 days $7.27 Million $23.20K/day $- $1.42 Million ▲ +105 days
2014 208 days $4.06 Million $19.49K/day $- $28.00K ▲ +75 days
2013 133 days $2.53 Million $19.00K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)