Source Energy Services Ltd (SHLE) — Defensive Interval Ratio

Latest as of September 2025: 147 days

Source Energy Services Ltd (SHLE) has a Defensive Interval Ratio of 147 days as of September 2025. Defensive assets of CA$51.80 Million (cash CA$-, short-term investments CA$-, receivables CA$51.80 Million) cover 147 days of daily cash needs of CA$351.82K/day. Check how tangible is Source Energy Services Ltd's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

147 days
Days of operational coverage

Defensive Assets

CA$51.80 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$351.82K
Current Liabilities ÷ 365

Current Liabilities

CA$128.41 Million
CAD

Source Energy Services Ltd Defensive Interval Ratio (2014–2024)

This chart shows how Source Energy Services Ltd's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 147 days, meaning defensive assets of CA$51.80 Million can fund 147 days of operations without new revenue. Also explore Source Energy Services Ltd (SHLE) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Source Energy Services Ltd (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Source Energy Services Ltd from 2014 to 2024, covering 11 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 SHLE company net worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 209 days CA$80.83 Million CA$386.23K/day CA$- CA$- ▲ +61 days
2023 148 days CA$44.01 Million CA$296.91K/day CA$- CA$- ▼ -28 days
2022 177 days CA$42.30 Million CA$239.60K/day CA$- CA$- ▼ -139 days
2021 316 days CA$43.50 Million CA$137.83K/day CA$- CA$- ▲ +49 days
2020 267 days CA$33.64 Million CA$126.13K/day CA$- CA$- ▼ -1 days
2019 268 days CA$49.54 Million CA$184.73K/day CA$- CA$- ▲ +55 days
2018 213 days CA$24.53 Million CA$115.12K/day CA$- CA$- ▼ -56 days
2017 269 days CA$54.11 Million CA$201.11K/day CA$- CA$- ▲ +132 days
2016 137 days CA$14.63 Million CA$107.06K/day CA$- CA$- ▼ -65 days
2015 202 days CA$21.76 Million CA$107.61K/day CA$- CA$- ▼ -108 days
2014 310 days CA$37.56 Million CA$121.29K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)