Northland Power Inc. (NPI) — Defensive Interval Ratio
Northland Power Inc. (NPI) has a Defensive Interval Ratio of 323 days as of September 2025. Defensive assets of CA$1.28 Billion (cash CA$842.21 Million, short-term investments CA$-, receivables CA$442.49 Million) cover 323 days of daily cash needs of CA$3.98 Million/day. Check Northland Power Inc. (NPI) tangible net worth to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Northland Power Inc. Defensive Interval Ratio (1999–2024)
This chart shows how Northland Power Inc.'s Defensive Interval Ratio has evolved across 26 annual periods from 1999 to 2024. As of September 2025, the ratio stands at 323 days, meaning defensive assets of CA$1.28 Billion can fund 323 days of operations without new revenue. Also explore Northland Power Inc. (NPI) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Northland Power Inc. (1999–2024)
The table below presents the year-by-year Defensive Interval Ratio for Northland Power Inc. from 1999 to 2024, covering 26 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 Northland Power Inc..
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 245 days | CA$892.53 Million | CA$3.65 Million/day | CA$613.32 Million | CA$- | ▼ -61 days |
| 2023 | 305 days | CA$1.07 Billion | CA$3.50 Million/day | CA$642.48 Million | CA$121.44 Million | ▼ -5 days |
| 2022 | 310 days | CA$1.62 Billion | CA$5.23 Million/day | CA$1.30 Billion | CA$25.00 Million | ▲ +34 days |
| 2021 | 276 days | CA$1.06 Billion | CA$3.85 Million/day | CA$673.69 Million | CA$115.00K | ▼ -4 days |
| 2020 | 280 days | CA$811.65 Million | CA$2.90 Million/day | CA$434.99 Million | CA$- | ▲ +131 days |
| 2019 | 148 days | CA$567.86 Million | CA$3.83 Million/day | CA$268.19 Million | CA$75.00K | ▼ -112 days |
| 2018 | 260 days | CA$557.42 Million | CA$2.14 Million/day | CA$278.40 Million | CA$99.00K | ▼ -23 days |
| 2017 | 283 days | CA$688.73 Million | CA$2.43 Million/day | CA$400.57 Million | CA$12.68 Million | ▼ -74 days |
| 2016 | 357 days | CA$470.58 Million | CA$1.32 Million/day | CA$307.52 Million | CA$1.81 Million | ▲ +246 days |
| 2015 | 111 days | CA$126.36 Million | CA$1.14 Million/day | CA$- | CA$4.57 Million | ▲ +50 days |
| 2014 | 61 days | CA$87.12 Million | CA$1.43 Million/day | CA$- | CA$- | ▼ -237 days |
| 2013 | 298 days | CA$130.24 Million | CA$437.24K/day | CA$- | CA$3.10 Million | ▼ -28 days |
| 2012 | 326 days | CA$128.81 Million | CA$395.56K/day | CA$- | CA$- | ▲ +92 days |
| 2011 | 234 days | CA$123.52 Million | CA$528.80K/day | CA$- | CA$- | ▲ +31 days |
| 2010 | 203 days | CA$78.34 Million | CA$385.80K/day | CA$- | CA$- | ▼ -55 days |
| 2009 | 258 days | CA$74.43 Million | CA$288.41K/day | CA$- | CA$- | ▲ +4 days |
| 2008 | 254 days | CA$21.70 Million | CA$85.33K/day | CA$- | CA$- | ▼ -147 days |
| 2007 | 401 days | CA$34.63 Million | CA$86.28K/day | CA$- | CA$- | ▼ -11 days |
| 2006 | 412 days | CA$33.09 Million | CA$80.25K/day | CA$- | CA$- | ▼ -79 days |
| 2005 | 492 days | CA$25.89 Million | CA$52.66K/day | CA$- | CA$- | ▼ -456 days |
| 2004 | 947 days | CA$46.45 Million | CA$49.03K/day | CA$- | CA$- | ▲ +682 days |
| 2003 | 265 days | CA$9.77 Million | CA$36.90K/day | CA$- | CA$- | ▼ -139 days |
| 2002 | 404 days | CA$20.33 Million | CA$50.33K/day | CA$- | CA$- | ▼ -87 days |
| 2001 | 491 days | CA$12.11 Million | CA$24.65K/day | CA$- | CA$- | ▲ +25 days |
| 2000 | 466 days | CA$12.57 Million | CA$26.96K/day | CA$- | CA$- | ▲ +257 days |
| 1999 | 209 days | CA$6.41 Million | CA$30.62K/day | CA$- | CA$- | — |