IGM Financial Inc. (IGM) — Defensive Interval Ratio

Latest as of March 2026: 118 days

IGM Financial Inc. (IGM) has a Defensive Interval Ratio of 118 days as of March 2026. Defensive assets of CA$356.39 Million (cash CA$-, short-term investments CA$-, receivables CA$356.39 Million) cover 118 days of daily cash needs of CA$3.03 Million/day. Check tangible equity quality of IGM Financial Inc. to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

118 days
Days of operational coverage

Defensive Assets

CA$356.39 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$3.03 Million
Current Liabilities ÷ 365

Current Liabilities

CA$1.11 Billion
CAD

IGM Financial Inc. Defensive Interval Ratio (1993–2025)

This chart shows how IGM Financial Inc.'s Defensive Interval Ratio has evolved across 25 annual periods from 1993 to 2025. As of March 2026, the ratio stands at 118 days, meaning defensive assets of CA$356.39 Million can fund 118 days of operations without new revenue. Also explore IGM Financial Inc. equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for IGM Financial Inc. (1993–2025)

The table below presents the year-by-year Defensive Interval Ratio for IGM Financial Inc. from 1993 to 2025, covering 25 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 market cap of IGM Financial Inc..

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 1050 days CA$8.58 Billion CA$8.17 Million/day CA$597.50 Million CA$2.41 Billion ▲ +212 days
2024 839 days CA$7.45 Billion CA$8.88 Million/day CA$365.29 Million CA$1.35 Billion ▲ +24 days
2023 815 days CA$6.53 Billion CA$8.02 Million/day CA$328.13 Million CA$721.38 Million ▼ -52 days
2022 867 days CA$6.74 Billion CA$7.77 Million/day CA$726.63 Million CA$602.61 Million ▼ -40 days
2021 907 days CA$8.02 Billion CA$8.84 Million/day CA$966.22 Million CA$1.29 Billion ▲ +68 days
2020 839 days CA$8.09 Billion CA$9.65 Million/day CA$694.97 Million CA$593.27 Million ▼ -34 days
2019 873 days CA$8.56 Billion CA$9.81 Million/day CA$652.02 Million CA$301.20 Million ▼ -8 days
2018 880 days CA$9.01 Billion CA$10.23 Million/day CA$568.43 Million CA$372.40 Million ▼ -20 days
2017 900 days CA$9.16 Billion CA$10.18 Million/day CA$878.49 Million CA$96.94 Million ▼ -72 days
2016 972 days CA$8.88 Billion CA$9.13 Million/day CA$526.46 Million CA$66.80 Million ▲ +5 days
2015 967 days CA$8.01 Billion CA$8.28 Million/day CA$- CA$44.67 Million ▼ -5687 days
2014 6654 days CA$7.39 Billion CA$1.11 Million/day CA$- CA$79.33 Million ▲ +5640 days
2013 1014 days CA$6.32 Billion CA$6.23 Million/day CA$- CA$64.62 Million ▼ -18 days
2012 1033 days CA$5.30 Billion CA$5.14 Million/day CA$- CA$30.91 Million ▲ +795 days
2010 238 days CA$1.16 Billion CA$4.87 Million/day CA$- CA$954.69 Million ▼ -12458 days
2009 12696 days CA$1.50 Billion CA$117.88K/day CA$- CA$1.25 Billion ▲ +12506 days
2008 190 days CA$790.20 Million CA$4.16 Million/day CA$- CA$537.65 Million ▲ +138 days
2007 52 days CA$205.41 Million CA$3.97 Million/day CA$- CA$- ▼ -12 days
2006 64 days CA$219.18 Million CA$3.44 Million/day CA$- CA$- ▼ -25 days
2004 89 days CA$172.58 Million CA$1.95 Million/day CA$- CA$- ▲ +11 days
2003 78 days CA$155.89 Million CA$2.00 Million/day CA$- CA$- ▼ -2 days
2002 80 days CA$155.30 Million CA$1.94 Million/day CA$- CA$- ▼ -53 days
2000 133 days CA$70.83 Million CA$533.79K/day CA$- CA$- ▲ +55 days
1999 78 days CA$58.00 Million CA$743.84K/day CA$- CA$- ▲ +73 days
1993 5 days CA$19.50 Million CA$3.69 Million/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)