Avicanna Inc (AVCN) — Defensive Interval Ratio

Latest as of March 2026: 146 days

Avicanna Inc (AVCN) has a Defensive Interval Ratio of 146 days as of March 2026. Defensive assets of CA$3.47 Million (cash CA$-, short-term investments CA$-, receivables CA$3.47 Million) cover 146 days of daily cash needs of CA$23.86K/day.

Defensive Interval Ratio

146 days
Days of operational coverage

Defensive Assets

CA$3.47 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$23.86K
Current Liabilities ÷ 365

Current Liabilities

CA$8.71 Million
CAD

Avicanna Inc Defensive Interval Ratio (2016–2025)

This chart shows how Avicanna Inc's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 146 days, meaning defensive assets of CA$3.47 Million can fund 146 days of operations without new revenue. For the complete balance sheet picture, see Avicanna Inc (AVCN) total assets.

Annual Defensive Interval Ratio for Avicanna Inc (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for Avicanna Inc from 2016 to 2025, covering 10 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 Avicanna 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 141 days CA$3.55 Million CA$25.15K/day CA$- CA$- ▲ +33 days
2024 108 days CA$2.75 Million CA$25.40K/day CA$- CA$- ▲ +18 days
2023 91 days CA$2.97 Million CA$32.78K/day CA$- CA$- ▲ +22 days
2022 69 days CA$2.15 Million CA$31.25K/day CA$- CA$- ▼ -1 days
2021 70 days CA$2.34 Million CA$33.41K/day CA$- CA$0.00 ▲ +6 days
2020 64 days CA$2.26 Million CA$35.14K/day CA$- CA$1.25 Million ▲ +14 days
2019 50 days CA$1.20 Million CA$23.90K/day CA$- CA$0.00 ▼ -2 days
2018 53 days CA$258.61K CA$4.90K/day CA$- CA$0.00 ▲ +28 days
2017 24 days CA$85.34K CA$3.50K/day CA$- CA$10.00K ▲ +20 days
2016 4 days CA$1.48K CA$336.34/day CA$- CA$0.00 —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)