D2L Inc (DTOL) — Defensive Interval Ratio

Latest as of April 2026: 92 days

D2L Inc (DTOL) has a Defensive Interval Ratio of 92 days as of April 2026. Defensive assets of CA$32.61 Million (cash CA$-, short-term investments CA$-, receivables CA$32.61 Million) cover 92 days of daily cash needs of CA$353.27K/day.

Defensive Interval Ratio

92 days
Days of operational coverage

Defensive Assets

CA$32.61 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$353.27K
Current Liabilities ÷ 365

Current Liabilities

CA$128.94 Million
CAD

D2L Inc Defensive Interval Ratio (2020–2026)

This chart shows how D2L Inc's Defensive Interval Ratio has evolved across 7 annual periods from 2020 to 2026. As of April 2026, the ratio stands at 92 days, meaning defensive assets of CA$32.61 Million can fund 92 days of operations without new revenue. For the complete balance sheet picture, see D2L Inc balance sheet assets.

Annual Defensive Interval Ratio for D2L Inc (2020–2026)

The table below presents the year-by-year Defensive Interval Ratio for D2L Inc from 2020 to 2026, covering 7 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 D2L 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)
2026 357 days CA$148.77 Million CA$416.59K/day CA$119.21 Million CA$- ▲ +8 days
2025 349 days CA$128.37 Million CA$367.36K/day CA$99.18 Million CA$- ▼ -62 days
2024 412 days CA$143.94 Million CA$349.69K/day CA$116.94 Million CA$- ▼ -22 days
2023 433 days CA$130.88 Million CA$302.03K/day CA$110.73 Million CA$- ▲ +348 days
2022 85 days CA$26.13 Million CA$306.08K/day CA$- CA$- ▲ +27 days
2021 59 days CA$14.88 Million CA$253.57K/day CA$- CA$- ▼ -5 days
2020 63 days CA$12.57 Million CA$198.40K/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)