Edesa Biotech Inc (EDSA) — Defensive Interval Ratio

Latest as of March 2026: 36 days

Edesa Biotech Inc (EDSA) has a Defensive Interval Ratio of 36 days as of March 2026. Defensive assets of $216.47K (cash $-, short-term investments $-, receivables $216.47K) cover 36 days of daily cash needs of $5.99K/day. See working capital position of Edesa Biotech Inc to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

36 days
Days of operational coverage

Defensive Assets

$216.47K
Cash + ST Investments + Receivables

Daily Cash Need

$5.99K
Current Liabilities ÷ 365

Current Liabilities

$2.19 Million
USD

Edesa Biotech Inc Defensive Interval Ratio (2010–2025)

This chart shows how Edesa Biotech Inc's Defensive Interval Ratio has evolved across 16 annual periods from 2010 to 2025. As of March 2026, the ratio stands at 36 days, meaning defensive assets of $216.47K can fund 36 days of operations without new revenue. See EDSA net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Edesa Biotech Inc (2010–2025)

The table below presents the year-by-year Defensive Interval Ratio for Edesa Biotech Inc from 2010 to 2025, covering 16 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 Edesa Biotech Inc market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 218 days $642.87K $2.95K/day $- $- ▲ +164 days
2024 54 days $270.91K $5.02K/day $- $- ▼ -72 days
2023 126 days $626.54K $4.99K/day $- $- ▼ -89 days
2022 214 days $1.26 Million $5.87K/day $- $- ▼ -612 days
2021 826 days $3.30 Million $4.00K/day $- $- ▲ +806 days
2020 21 days $87.45K $4.19K/day $- $- ▼ -151 days
2019 172 days $217.10K $1.26K/day $- $- ▼ -4355 days
2018 4527 days $6.12 Million $1.35K/day $- $6.08 Million ▲ +2257 days
2017 2270 days $2.00 Million $879.31/day $- $1.99 Million ▼ -115 days
2016 2385 days $4.07 Million $1.71K/day $- $3.99 Million ▲ +1592 days
2015 793 days $5.17 Million $6.52K/day $- $5.02 Million ▲ +661 days
2014 132 days $514.67K $3.89K/day $- $458.10K ▲ +116 days
2013 17 days $177.72K $10.71K/day $- $- ▲ +6 days
2012 11 days $16.92K $1.54K/day $- $- ▼ -79 days
2011 89 days $39.02K $435.99/day $- $- ▼ -404 days
2010 493 days $568.50K $1.15K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)