Canadian Utilities Limited (CU) — Defensive Interval Ratio

Latest as of June 2026: 374 days

Canadian Utilities Limited (CU) has a Defensive Interval Ratio of 374 days as of June 2026. Defensive assets of CA$687.00 Million (cash CA$-, short-term investments CA$236.00 Million, receivables CA$451.00 Million) cover 374 days of daily cash needs of CA$1.84 Million/day.

Defensive Interval Ratio

374 days
Days of operational coverage

Defensive Assets

CA$687.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.84 Million
Current Liabilities ÷ 365

Current Liabilities

CA$671.00 Million
CAD

Canadian Utilities Limited Defensive Interval Ratio (1998–2025)

This chart shows how Canadian Utilities Limited's Defensive Interval Ratio has evolved across 28 annual periods from 1998 to 2025. As of June 2026, the ratio stands at 374 days, meaning defensive assets of CA$687.00 Million can fund 374 days of operations without new revenue. For the complete balance sheet picture, see CU total assets.

Annual Defensive Interval Ratio for Canadian Utilities Limited (1998–2025)

The table below presents the year-by-year Defensive Interval Ratio for Canadian Utilities Limited from 1998 to 2025, covering 28 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 Canadian Utilities Limited 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 259 days CA$760.00 Million CA$2.93 Million/day CA$- CA$231.00 Million ▼ -10 days
2024 270 days CA$874.00 Million CA$3.24 Million/day CA$- CA$161.00 Million ▲ +25 days
2023 245 days CA$955.00 Million CA$3.90 Million/day CA$- CA$200.00 Million ▼ -1 days
2022 246 days CA$889.00 Million CA$3.61 Million/day CA$- CA$5.00 Million ▲ +48 days
2021 198 days CA$771.00 Million CA$3.88 Million/day CA$- CA$2.00 Million ▼ -84 days
2020 283 days CA$663.00 Million CA$2.35 Million/day CA$- CA$5.00 Million ▼ -29 days
2019 312 days CA$631.00 Million CA$2.02 Million/day CA$- CA$- ▲ +133 days
2018 178 days CA$804.00 Million CA$4.51 Million/day CA$- CA$1.00 Million ▼ -78 days
2017 257 days CA$667.00 Million CA$2.60 Million/day CA$- CA$1.00 Million ▼ -116 days
2016 372 days CA$910.00 Million CA$2.44 Million/day CA$345.00 Million CA$- ▲ +127 days
2015 245 days CA$537.00 Million CA$2.19 Million/day CA$- CA$69.00 Million ▲ +57 days
2014 188 days CA$505.00 Million CA$2.68 Million/day CA$- CA$- ▲ +15 days
2013 173 days CA$485.00 Million CA$2.81 Million/day CA$- CA$- ▼ -44 days
2012 217 days CA$537.00 Million CA$2.47 Million/day CA$- CA$- ▲ +29 days
2011 188 days CA$413.00 Million CA$2.20 Million/day CA$- CA$- ▼ -100 days
2010 288 days CA$368.00 Million CA$1.28 Million/day CA$- CA$- ▼ -8 days
2009 296 days CA$374.90 Million CA$1.27 Million/day CA$- CA$- ▲ +62 days
2008 233 days CA$385.50 Million CA$1.65 Million/day CA$- CA$- ▼ -73 days
2007 306 days CA$373.90 Million CA$1.22 Million/day CA$- CA$- ▼ -8 days
2006 314 days CA$362.30 Million CA$1.16 Million/day CA$- CA$- ▲ +17 days
2005 297 days CA$353.40 Million CA$1.19 Million/day CA$- CA$- ▼ -46 days
2004 343 days CA$372.80 Million CA$1.09 Million/day CA$- CA$- ▼ -31 days
2003 374 days CA$550.80 Million CA$1.47 Million/day CA$- CA$- ▲ +67 days
2002 307 days CA$479.60 Million CA$1.56 Million/day CA$- CA$- ▲ +39 days
2001 268 days CA$445.40 Million CA$1.66 Million/day CA$- CA$- ▼ 0 days
2000 268 days CA$654.00 Million CA$2.44 Million/day CA$- CA$- ▼ -82 days
1999 350 days CA$340.50 Million CA$972.33K/day CA$- CA$- ▲ +3 days
1998 347 days CA$352.10 Million CA$1.02 Million/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)