North American Financial 15 Defensive Interval Ratio

Latest as of November 2024: 46 days

North American Financial 15 defensive interval ratio. North American Financial 15 (FFN) has a Defensive Interval Ratio of 46 days as of November 2024. Defensive assets of CA$1.52 Million (cash CA$-, short-term investments CA$-, receivables CA$1.52 Million) cover 46 days of daily cash needs of CA$33.32K/day. See North American Financial 15 (FFN) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

46 days
Days of operational coverage

Defensive Assets

CA$1.52 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$33.32K
Current Liabilities ÷ 365

Current Liabilities

CA$12.16 Million
CAD

Defensive Interval Ratio of North American Financial 15 (2006–2024)

Defensive interval ratio of North American Financial 15 from 2006 to 2024. This chart shows how North American Financial 15's Defensive Interval Ratio has evolved across 19 annual periods from 2006 to 2024. As of November 2024, the ratio stands at 46 days, meaning defensive assets of CA$1.52 Million can fund 46 days of operations without new revenue. Check FFN asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

North American Financial 15 Defensive Interval Ratio by Year (2006–2024)

North American Financial 15 defensive interval ratio by year from 2006 to 2024. The table below presents the year-by-year Defensive Interval Ratio for North American Financial 15 from 2006 to 2024, covering 19 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 the complete balance sheet picture, see FFN total assets.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 46 days CA$1.52 Million CA$33.32K/day CA$- CA$- ▼ -25178 days
2023 25224 days CA$682.08 Million CA$27.04K/day CA$- CA$662.32 Million ▲ +841 days
2022 24383 days CA$721.84 Million CA$29.60K/day CA$- CA$720.20 Million ▼ -3209 days
2021 27592 days CA$538.09 Million CA$19.50K/day CA$- CA$537.40 Million ▼ -52264 days
2020 79857 days CA$210.07 Million CA$2.63K/day CA$- CA$209.73 Million ▲ +45784 days
2019 34072 days CA$294.14 Million CA$8.63K/day CA$- CA$293.51 Million ▲ +4345 days
2018 29727 days CA$287.13 Million CA$9.66K/day CA$- CA$286.43 Million ▲ +13894 days
2017 15833 days CA$287.08 Million CA$18.13K/day CA$- CA$286.43 Million ▼ -11975 days
2016 27808 days CA$151.99 Million CA$5.47K/day CA$- CA$151.56 Million ▲ +7896 days
2015 19912 days CA$141.38 Million CA$7.10K/day CA$- CA$141.13 Million ▼ -3757 days
2014 23670 days CA$123.52 Million CA$5.22K/day CA$- CA$123.32 Million ▲ +23646 days
2013 23 days CA$175.89K CA$7.58K/day CA$- CA$- ▼ -2 days
2012 25 days CA$198.23K CA$7.92K/day CA$- CA$- ▼ -1015 days
2011 1040 days CA$212.22K CA$204.01/day CA$- CA$- ▲ +535 days
2010 505 days CA$117.63K CA$232.72/day CA$- CA$- ▼ -729 days
2009 1234 days CA$357.01K CA$289.24/day CA$- CA$- ▲ +196 days
2008 1038 days CA$208.82K CA$201.10/day CA$- CA$- ▲ +368 days
2007 671 days CA$361.69K CA$539.24/day CA$- CA$- ▼ -5 days
2006 675 days CA$452.61K CA$670.22/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)