CoinSmart Financial Inc (SMRT) — Defensive Interval Ratio
CoinSmart Financial Inc (SMRT) has a Defensive Interval Ratio of 277 days as of March 2023. Defensive assets of CA$46.20 Million (cash CA$-, short-term investments CA$46.20 Million, receivables CA$-) cover 277 days of daily cash needs of CA$166.83K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
CoinSmart Financial Inc Defensive Interval Ratio (2018–2022)
This chart shows how CoinSmart Financial Inc's Defensive Interval Ratio has evolved across 4 annual periods from 2018 to 2022. As of March 2023, the ratio stands at 277 days, meaning defensive assets of CA$46.20 Million can fund 277 days of operations without new revenue. For the complete balance sheet picture, see SMRT asset base.
Annual Defensive Interval Ratio for CoinSmart Financial Inc (2018–2022)
The table below presents the year-by-year Defensive Interval Ratio for CoinSmart Financial Inc from 2018 to 2022, covering 4 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 to net assets of CoinSmart Financial 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) |
|---|---|---|---|---|---|---|
| 2022 | 222 days | CA$27.36 Million | CA$123.13K/day | CA$- | CA$27.36 Million | ▼ -125 days |
| 2021 | 347 days | CA$60.91 Million | CA$175.41K/day | CA$- | CA$60.91 Million | ▲ +111 days |
| 2020 | 237 days | CA$7.96 Million | CA$33.65K/day | CA$- | CA$7.96 Million | ▲ +131 days |
| 2018 | 105 days | CA$148.77K | CA$1.41K/day | CA$- | CA$- | — |