Abaxx Technologies Inc (ABXX) — Defensive Interval Ratio

Latest as of March 2026: 7 days

Abaxx Technologies Inc (ABXX) has a Defensive Interval Ratio of 7 days as of March 2026. Defensive assets of CA$372.65K (cash CA$-, short-term investments CA$372.65K, receivables CA$-) cover 7 days of daily cash needs of CA$54.48K/day.

Defensive Interval Ratio

7 days
Days of operational coverage

Defensive Assets

CA$372.65K
Cash + ST Investments + Receivables

Daily Cash Need

CA$54.48K
Current Liabilities ÷ 365

Current Liabilities

CA$19.88 Million
CAD

Abaxx Technologies Inc Defensive Interval Ratio (2018–2025)

This chart shows how Abaxx Technologies Inc's Defensive Interval Ratio has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 7 days, meaning defensive assets of CA$372.65K can fund 7 days of operations without new revenue. For the complete balance sheet picture, see total assets of Abaxx Technologies Inc.

Annual Defensive Interval Ratio for Abaxx Technologies Inc (2018–2025)

The table below presents the year-by-year Defensive Interval Ratio for Abaxx Technologies Inc from 2018 to 2025, covering 8 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital position of Abaxx Technologies Inc to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 8 days CA$369.85K CA$48.22K/day CA$- CA$369.85K ▲ +5 days
2024 2 days CA$60.36K CA$26.09K/day CA$- CA$60.36K ▼ -1 days
2023 4 days CA$56.29K CA$15.94K/day CA$- CA$56.29K ▼ -569 days
2022 573 days CA$5.02 Million CA$8.77K/day CA$- CA$5.02 Million ▼ -557 days
2021 1130 days CA$4.19 Million CA$3.71K/day CA$- CA$2.45 Million ▲ +598 days
2020 532 days CA$4.68 Million CA$8.80K/day CA$- CA$3.09 Million ▲ +522 days
2019 10 days CA$188.59K CA$19.72K/day CA$- CA$0.00 ▼ -238 days
2018 247 days CA$200.53K CA$810.87/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)