Canlan Ice Sports Corp. (ICE) — Defensive Interval Ratio

Latest as of September 2025: 211 days

Canlan Ice Sports Corp. (ICE) has a Defensive Interval Ratio of 211 days as of September 2025. Defensive assets of CA$18.09 Million (cash CA$14.59 Million, short-term investments CA$-, receivables CA$3.50 Million) cover 211 days of daily cash needs of CA$85.58K/day.

Defensive Interval Ratio

211 days
Days of operational coverage

Defensive Assets

CA$18.09 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$85.58K
Current Liabilities ÷ 365

Current Liabilities

CA$31.23 Million
CAD

Canlan Ice Sports Corp. Defensive Interval Ratio (1996–2024)

This chart shows how Canlan Ice Sports Corp.'s Defensive Interval Ratio has evolved across 29 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 211 days, meaning defensive assets of CA$18.09 Million can fund 211 days of operations without new revenue. For the complete balance sheet picture, see Canlan Ice Sports Corp. balance sheet assets.

Annual Defensive Interval Ratio for Canlan Ice Sports Corp. (1996–2024)

The table below presents the year-by-year Defensive Interval Ratio for Canlan Ice Sports Corp. from 1996 to 2024, covering 29 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 Canlan Ice Sports Corp. current assets vs equity 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)
2024 280 days CA$24.98 Million CA$89.11K/day CA$21.68 Million CA$- ▲ +5 days
2023 276 days CA$22.02 Million CA$79.89K/day CA$19.03 Million CA$- ▲ +27 days
2022 248 days CA$21.13 Million CA$85.02K/day CA$18.53 Million CA$411.00K ▲ +39 days
2021 209 days CA$14.83 Million CA$70.95K/day CA$12.53 Million CA$- ▲ +28 days
2020 181 days CA$9.91 Million CA$54.85K/day CA$7.48 Million CA$- ▼ -66 days
2019 247 days CA$19.53 Million CA$79.12K/day CA$16.53 Million CA$- ▼ -41 days
2018 288 days CA$23.21 Million CA$80.60K/day CA$19.84 Million CA$- ▲ +5 days
2017 283 days CA$22.97 Million CA$81.08K/day CA$18.63 Million CA$1.29 Million ▲ +25 days
2016 258 days CA$19.03 Million CA$73.62K/day CA$16.34 Million CA$259.00K ▲ +225 days
2015 33 days CA$2.33 Million CA$69.81K/day CA$- CA$- ▼ -11 days
2014 44 days CA$2.78 Million CA$63.18K/day CA$- CA$- ▲ +17 days
2013 27 days CA$2.33 Million CA$87.13K/day CA$- CA$- ▼ -4 days
2012 30 days CA$1.82 Million CA$59.98K/day CA$- CA$- ▲ +1 days
2011 30 days CA$1.72 Million CA$57.82K/day CA$- CA$- ▲ +2 days
2010 28 days CA$1.52 Million CA$54.19K/day CA$- CA$- ▼ -4 days
2009 32 days CA$1.84 Million CA$57.99K/day CA$- CA$- ▲ +2 days
2008 30 days CA$1.83 Million CA$60.93K/day CA$- CA$- ▲ +21 days
2007 9 days CA$1.75 Million CA$186.36K/day CA$- CA$- ▼ -24 days
2006 34 days CA$1.82 Million CA$54.01K/day CA$- CA$- ▼ 0 days
2005 34 days CA$1.42 Million CA$42.07K/day CA$- CA$- ▲ +25 days
2004 8 days CA$1.43 Million CA$168.45K/day CA$- CA$- ▼ -17 days
2003 25 days CA$1.51 Million CA$59.63K/day CA$- CA$- ▼ -26 days
2002 51 days CA$2.71 Million CA$52.64K/day CA$- CA$- ▲ +11 days
2001 41 days CA$1.79 Million CA$43.94K/day CA$- CA$- ▼ -8 days
2000 49 days CA$2.57 Million CA$52.56K/day CA$- CA$- ▲ +30 days
1999 19 days CA$1.80 Million CA$95.89K/day CA$- CA$- ▲ +4 days
1998 14 days CA$2.40 Million CA$167.67K/day CA$- CA$- ▼ -256 days
1997 270 days CA$14.50 Million CA$53.70K/day CA$- CA$300.00K ▲ +116 days
1996 154 days CA$11.20 Million CA$72.60K/day CA$- CA$600.00K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)