STEP Energy Services Ltd (STEP) — Defensive Interval Ratio

Latest as of September 2025: 434 days

STEP Energy Services Ltd (STEP) has a Defensive Interval Ratio of 434 days as of September 2025. Defensive assets of CA$137.48 Million (cash CA$2.51 Million, short-term investments CA$-, receivables CA$134.97 Million) cover 434 days of daily cash needs of CA$316.82K/day.

Defensive Interval Ratio

434 days
Days of operational coverage

Defensive Assets

CA$137.48 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$316.82K
Current Liabilities ÷ 365

Current Liabilities

CA$115.64 Million
CAD

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

This chart shows how STEP 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 434 days, meaning defensive assets of CA$137.48 Million can fund 434 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of STEP Energy Services Ltd.

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

The table below presents the year-by-year Defensive Interval Ratio for STEP 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. See working capital to net assets of STEP Energy Services Ltd 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)
2024 290 days CA$87.13 Million CA$300.69K/day CA$4.36 Million CA$- ▼ -28 days
2023 317 days CA$97.94 Million CA$308.52K/day CA$1.78 Million CA$- ▼ -71 days
2022 388 days CA$201.93 Million CA$519.95K/day CA$2.79 Million CA$- ▲ +133 days
2021 255 days CA$90.44 Million CA$354.36K/day CA$3.70 Million CA$- ▼ -175 days
2020 430 days CA$66.70 Million CA$155.07K/day CA$1.27 Million CA$- ▼ -78 days
2019 508 days CA$120.69 Million CA$237.59K/day CA$7.27 Million CA$- ▲ +39 days
2018 469 days CA$124.92 Million CA$266.14K/day CA$364.00K CA$- ▼ -376 days
2017 845 days CA$176.13 Million CA$208.43K/day CA$36.86 Million CA$- ▲ +340 days
2016 505 days CA$50.80 Million CA$100.67K/day CA$2.15 Million CA$- ▲ +222 days
2015 282 days CA$16.52 Million CA$58.56K/day CA$- CA$- ▼ -98 days
2014 381 days CA$16.77 Million CA$44.08K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)