ChampionX Corporation (CHX) — Defensive Interval Ratio
ChampionX Corporation (CHX) has a Defensive Interval Ratio of 194 days as of March 2025. Defensive assets of $417.64 Million (cash $-, short-term investments $-, receivables $417.64 Million) cover 194 days of daily cash needs of $2.15 Million/day. Check tangible equity quality of ChampionX Corporation to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
ChampionX Corporation Defensive Interval Ratio (2015–2024)
This chart shows how ChampionX Corporation's Defensive Interval Ratio has evolved across 10 annual periods from 2015 to 2024. As of March 2025, the ratio stands at 194 days, meaning defensive assets of $417.64 Million can fund 194 days of operations without new revenue. Also explore CHX year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for ChampionX Corporation (2015–2024)
The table below presents the year-by-year Defensive Interval Ratio for ChampionX Corporation from 2015 to 2024, covering 10 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 ChampionX Corporation stock valuation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 217 days | $466.78 Million | $2.15 Million/day | $- | $- | ▼ -66 days |
| 2023 | 283 days | $606.86 Million | $2.14 Million/day | $- | $72.32 Million | ▲ +28 days |
| 2022 | 255 days | $601.06 Million | $2.35 Million/day | $- | $- | ▼ -10 days |
| 2021 | 266 days | $584.44 Million | $2.20 Million/day | $- | $- | ▼ -62 days |
| 2020 | 328 days | $559.54 Million | $1.71 Million/day | $- | $- | ▼ -74 days |
| 2019 | 402 days | $219.87 Million | $547.07K/day | $- | $- | ▼ -52 days |
| 2018 | 454 days | $251.44 Million | $553.41K/day | $- | $- | ▼ -34 days |
| 2017 | 488 days | $202.02 Million | $413.88K/day | $- | $- | ▲ +36 days |
| 2016 | 452 days | $139.49 Million | $308.75K/day | $- | $- | ▼ -33 days |
| 2015 | 485 days | $169.98 Million | $350.56K/day | $- | $- | — |