Spectral Med Inc (EDT) — Defensive Interval Ratio

Latest as of September 2025: 2 days

Spectral Med Inc (EDT) has a Defensive Interval Ratio of 2 days as of September 2025. Defensive assets of CA$433.00K (cash CA$-, short-term investments CA$-, receivables CA$433.00K) cover 2 days of daily cash needs of CA$184.57K/day. Check Spectral Med Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

CA$433.00K
Cash + ST Investments + Receivables

Daily Cash Need

CA$184.57K
Current Liabilities ÷ 365

Current Liabilities

CA$67.37 Million
CAD

Spectral Med Inc Defensive Interval Ratio (1992–2024)

This chart shows how Spectral Med Inc's Defensive Interval Ratio has evolved across 33 annual periods from 1992 to 2024. As of September 2025, the ratio stands at 2 days, meaning defensive assets of CA$433.00K can fund 2 days of operations without new revenue. Also explore Spectral Med Inc annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Spectral Med Inc (1992–2024)

The table below presents the year-by-year Defensive Interval Ratio for Spectral Med Inc from 1992 to 2024, covering 33 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Spectral Med Inc market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 6 days CA$451.00K CA$75.19K/day CA$- CA$- ▼ -22 days
2023 28 days CA$794.00K CA$28.06K/day CA$- CA$608.00K ▼ -43 days
2022 71 days CA$1.30 Million CA$18.17K/day CA$- CA$241.00K ▼ -75 days
2021 146 days CA$922.00K CA$6.31K/day CA$- CA$717.00K ▲ +84 days
2020 62 days CA$492.00K CA$7.95K/day CA$- CA$232.00K ▼ -227 days
2019 289 days CA$854.00K CA$2.96K/day CA$- CA$64.00K ▼ -741 days
2018 1030 days CA$1.71 Million CA$1.66K/day CA$- CA$154.00K ▼ -380 days
2017 1410 days CA$2.38 Million CA$1.68K/day CA$1.45 Million CA$46.00K ▼ -266 days
2016 1676 days CA$5.87 Million CA$3.50K/day CA$5.08 Million CA$146.00K ▲ +1595 days
2015 81 days CA$671.00K CA$8.29K/day CA$- CA$41.00K ▲ +9 days
2014 72 days CA$600.00K CA$8.33K/day CA$- CA$17.00K ▲ +56 days
2013 16 days CA$163.00K CA$10.25K/day CA$- CA$17.00K ▼ -1004 days
2012 1020 days CA$5.62 Million CA$5.51K/day CA$- CA$5.14 Million ▼ -174 days
2011 1194 days CA$5.60 Million CA$4.69K/day CA$- CA$5.09 Million ▼ -356 days
2010 1551 days CA$5.62 Million CA$3.62K/day CA$- CA$5.02 Million ▲ +1467 days
2009 84 days CA$781.00K CA$9.35K/day CA$- CA$- ▼ -3201 days
2008 3285 days CA$4.86 Million CA$1.48K/day CA$- CA$4.00 Million ▼ -1498 days
2007 4783 days CA$4.97 Million CA$1.04K/day CA$- CA$4.29 Million ▲ +568 days
2006 4214 days CA$5.82 Million CA$1.38K/day CA$- CA$5.06 Million ▲ +2954 days
2005 1261 days CA$4.23 Million CA$3.35K/day CA$- CA$3.35 Million ▲ +859 days
2004 401 days CA$2.76 Million CA$6.88K/day CA$- CA$- ▲ +160 days
2003 241 days CA$2.63 Million CA$10.89K/day CA$- CA$- ▲ +95 days
2002 147 days CA$1.70 Million CA$11.60K/day CA$- CA$- ▼ -46 days
2001 193 days CA$2.40 Million CA$12.40K/day CA$- CA$- ▼ -47 days
2000 240 days CA$2.54 Million CA$10.58K/day CA$- CA$- ▼ -37 days
1999 277 days CA$2.50 Million CA$9.04K/day CA$- CA$- ▲ +47 days
1998 229 days CA$3.20 Million CA$13.97K/day CA$- CA$- ▲ +61 days
1997 168 days CA$1.80 Million CA$10.68K/day CA$- CA$- ▲ +59 days
1996 110 days CA$900.00K CA$8.22K/day CA$- CA$- ▼ -19 days
1995 129 days CA$600.00K CA$4.66K/day CA$- CA$- ▲ +60 days
1994 68 days CA$300.00K CA$4.38K/day CA$- CA$- ▼ -23 days
1993 91 days CA$200.00K CA$2.19K/day CA$- CA$- ▲ +39 days
1992 52 days CA$100.00K CA$1.92K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)