Novo Integrated Sciences Inc (NVOS) — Defensive Interval Ratio
Novo Integrated Sciences Inc (NVOS) has a Defensive Interval Ratio of 79 days as of November 2024. Defensive assets of $3.15 Million (cash $-, short-term investments $-, receivables $3.15 Million) cover 79 days of daily cash needs of $39.94K/day. Check tangible equity quality of Novo Integrated Sciences Inc to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Novo Integrated Sciences Inc Defensive Interval Ratio (2015–2024)
This chart shows how Novo Integrated Sciences Inc's Defensive Interval Ratio has evolved across 11 annual periods from 2015 to 2024. As of November 2024, the ratio stands at 79 days, meaning defensive assets of $3.15 Million can fund 79 days of operations without new revenue. Also explore Novo Integrated Sciences Inc equity growth rate to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Novo Integrated Sciences Inc (2015–2024)
The table below presents the year-by-year Defensive Interval Ratio for Novo Integrated Sciences Inc from 2015 to 2024, covering 11 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 Novo Integrated Sciences Inc (NVOS) total market value.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 79 days | $3.15 Million | $39.94K/day | $- | $- | ▲ +11 days |
| 2023 | 68 days | $1.47 Million | $21.66K/day | $- | $- | ▼ -115 days |
| 2022 | 183 days | $6.38 Million | $34.88K/day | $- | $- | ▲ +84 days |
| 2021 | 98 days | $2.28 Million | $23.19K/day | $- | $- | ▼ -187 days |
| 2020 | 286 days | $2.04 Million | $7.12K/day | $- | $- | ▲ +73 days |
| 2019 | 213 days | $1.76 Million | $8.29K/day | $- | $- | ▲ +24 days |
| 2018 | 189 days | $1.73 Million | $9.17K/day | $- | $0.00 | ▲ +61 days |
| 2017 | 128 days | $1.50 Million | $11.71K/day | $- | $0.00 | ▲ +44 days |
| 2016 | 84 days | $2.31 Million | $27.31K/day | $- | $- | ▼ -33106 days |
| 2016 | 33191 days | $1.19 Million | $35.95/day | $- | $0.00 | ▲ +31913 days |
| 2015 | 1278 days | $1.19 Million | $933.33/day | $- | $0.00 | — |