ChampionX Corporation Defensive Interval Ratio
ChampionX Corporation 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. See ChampionX Corporation (CHX) liquidity to equity ratio 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 ChampionX Corporation (2015–2024)
Defensive interval ratio of ChampionX Corporation from 2015 to 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. Read CHX liabilities breakdown for a breakdown of total debt and financial obligations.
ChampionX Corporation Defensive Interval Ratio by Year (2015–2024)
ChampionX Corporation defensive interval ratio by year from 2015 to 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 the complete balance sheet picture, see CHX total assets.
| 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 | $- | $- | — |