Medipharm Labs Corp (LABS) — Defensive Interval Ratio
Medipharm Labs Corp (LABS) has a Defensive Interval Ratio of 765 days as of September 2025. Defensive assets of CA$18.31 Million (cash CA$10.58 Million, short-term investments CA$-, receivables CA$7.72 Million) cover 765 days of daily cash needs of CA$23.93K/day. Check LABS tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Medipharm Labs Corp Defensive Interval Ratio (2017–2024)
This chart shows how Medipharm Labs Corp's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 765 days, meaning defensive assets of CA$18.31 Million can fund 765 days of operations without new revenue. Also explore LABS year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Medipharm Labs Corp (2017–2024)
The table below presents the year-by-year Defensive Interval Ratio for Medipharm Labs Corp from 2017 to 2024, covering 8 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 LABS market cap.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 668 days | CA$19.20 Million | CA$28.75K/day | CA$11.69 Million | CA$- | ▼ -142 days |
| 2023 | 810 days | CA$24.11 Million | CA$29.76K/day | CA$17.98 Million | CA$265.00K | ▼ -653 days |
| 2022 | 1463 days | CA$37.91 Million | CA$25.91K/day | CA$24.14 Million | CA$756.00K | ▼ -682 days |
| 2021 | 2145 days | CA$52.17 Million | CA$24.32K/day | CA$34.11 Million | CA$1.14 Million | ▲ +1369 days |
| 2020 | 776 days | CA$51.54 Million | CA$66.42K/day | CA$19.91 Million | CA$2.06 Million | ▼ -70 days |
| 2019 | 846 days | CA$66.85 Million | CA$79.03K/day | CA$38.63 Million | CA$679.00K | ▲ +490 days |
| 2018 | 356 days | CA$14.52 Million | CA$40.78K/day | CA$7.85 Million | CA$200.00K | ▲ +297 days |
| 2017 | 59 days | CA$405.00K | CA$6.92K/day | CA$400.00K | CA$5.00K | — |