Kits Eyecare Ltd Defensive Interval Ratio
Kits Eyecare Ltd defensive interval ratio. Kits Eyecare Ltd (KITS) has a Defensive Interval Ratio of 93 days as of March 2026. Defensive assets of CA$8.34 Million (cash CA$-, short-term investments CA$3.02 Million, receivables CA$5.32 Million) cover 93 days of daily cash needs of CA$89.35K/day. See KITS net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Kits Eyecare Ltd (2017–2025)
Defensive interval ratio of Kits Eyecare Ltd from 2017 to 2025. This chart shows how Kits Eyecare Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 93 days, meaning defensive assets of CA$8.34 Million can fund 93 days of operations without new revenue. Read debt load of Kits Eyecare Ltd for a breakdown of total debt and financial obligations.
Kits Eyecare Ltd Defensive Interval Ratio by Year (2017–2025)
Kits Eyecare Ltd defensive interval ratio by year from 2017 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Kits Eyecare Ltd from 2017 to 2025, covering 9 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 Kits Eyecare Ltd asset portfolio.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 290 days | CA$36.04 Million | CA$124.31K/day | CA$29.82 Million | CA$3.86 Million | ▲ +85 days |
| 2024 | 205 days | CA$21.80 Million | CA$106.17K/day | CA$19.27 Million | CA$0.00 | ▼ -60 days |
| 2023 | 266 days | CA$17.84 Million | CA$67.19K/day | CA$16.04 Million | CA$- | ▼ -29 days |
| 2022 | 294 days | CA$19.71 Million | CA$66.96K/day | CA$18.79 Million | CA$- | ▼ -169 days |
| 2021 | 464 days | CA$21.37 Million | CA$46.09K/day | CA$20.50 Million | CA$- | ▲ +428 days |
| 2020 | 36 days | CA$3.42 Million | CA$94.71K/day | CA$2.31 Million | CA$- | ▼ -15 days |
| 2019 | 51 days | CA$4.24 Million | CA$83.77K/day | CA$3.40 Million | CA$- | ▼ -279 days |
| 2018 | 330 days | CA$3.99 Million | CA$12.08K/day | CA$2.90 Million | CA$- | ▼ -28 days |
| 2017 | 358 days | CA$5.04 Million | CA$14.07K/day | CA$3.09 Million | CA$- | — |