Orbit Garant Drilling Inc. (OGD) — Defensive Interval Ratio

Latest as of March 2026: 324 days

Orbit Garant Drilling Inc. (OGD) has a Defensive Interval Ratio of 324 days as of March 2026. Defensive assets of CA$37.70 Million (cash CA$-, short-term investments CA$72.00K, receivables CA$37.63 Million) cover 324 days of daily cash needs of CA$116.28K/day.

Defensive Interval Ratio

324 days
Days of operational coverage

Defensive Assets

CA$37.70 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$116.28K
Current Liabilities ÷ 365

Current Liabilities

CA$42.44 Million
CAD

Orbit Garant Drilling Inc. Defensive Interval Ratio (2007–2025)

This chart shows how Orbit Garant Drilling Inc.'s Defensive Interval Ratio has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 324 days, meaning defensive assets of CA$37.70 Million can fund 324 days of operations without new revenue. For the complete balance sheet picture, see OGD asset base.

Annual Defensive Interval Ratio for Orbit Garant Drilling Inc. (2007–2025)

The table below presents the year-by-year Defensive Interval Ratio for Orbit Garant Drilling Inc. from 2007 to 2025, covering 19 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 how liquid is Orbit Garant Drilling Inc.'s working capital 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)
2025 384 days CA$34.16 Million CA$88.98K/day CA$3.49 Million CA$55.00K ▼ -7 days
2024 391 days CA$28.93 Million CA$74.07K/day CA$332.00K CA$- ▲ +6 days
2023 385 days CA$33.30 Million CA$86.56K/day CA$2.18 Million CA$- ▼ -12 days
2022 397 days CA$41.08 Million CA$103.57K/day CA$1.02 Million CA$- ▼ -54 days
2021 451 days CA$45.09 Million CA$100.09K/day CA$3.26 Million CA$- ▲ +54 days
2020 396 days CA$27.60 Million CA$69.66K/day CA$5.00 Million CA$- ▼ -91 days
2019 487 days CA$39.95 Million CA$82.04K/day CA$2.48 Million CA$- ▼ -68 days
2018 555 days CA$38.08 Million CA$68.65K/day CA$4.63 Million CA$- ▲ +278 days
2017 277 days CA$26.25 Million CA$94.76K/day CA$1.60 Million CA$- ▼ -186 days
2016 463 days CA$22.40 Million CA$48.35K/day CA$- CA$- ▼ -134 days
2015 598 days CA$20.13 Million CA$33.69K/day CA$- CA$- ▲ +251 days
2014 347 days CA$17.41 Million CA$50.18K/day CA$- CA$- ▼ -365 days
2013 712 days CA$20.45 Million CA$28.70K/day CA$- CA$- ▲ +99 days
2012 614 days CA$37.27 Million CA$60.74K/day CA$- CA$- ▼ -53 days
2011 666 days CA$36.28 Million CA$54.45K/day CA$- CA$- ▲ +171 days
2010 495 days CA$23.54 Million CA$47.56K/day CA$- CA$- ▼ -142 days
2009 637 days CA$22.68 Million CA$35.59K/day CA$- CA$- ▲ +363 days
2008 274 days CA$19.46 Million CA$71.01K/day CA$- CA$- ▲ +33 days
2007 241 days CA$12.51 Million CA$51.97K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)