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. See Novo Integrated Sciences Inc short-term liquidity ratio to evaluate short-term liquidity relative to 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. See Novo Integrated Sciences Inc (NVOS) balance sheet quality index to measure how much of total assets are equity-financed.
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 market value of Novo Integrated Sciences Inc.
| 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 | — |