Astron Connect Inc (AST) — Defensive Interval Ratio

Latest as of June 2023: 73 days

Astron Connect Inc (AST) has a Defensive Interval Ratio of 73 days as of June 2023. Defensive assets of CA$34.10K (cash CA$-, short-term investments CA$-, receivables CA$34.10K) cover 73 days of daily cash needs of CA$464.08/day. See AST current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

73 days
Days of operational coverage

Defensive Assets

CA$34.10K
Cash + ST Investments + Receivables

Daily Cash Need

CA$464.08
Current Liabilities ÷ 365

Current Liabilities

CA$169.39K
CAD

Astron Connect Inc Defensive Interval Ratio (2017–2022)

This chart shows how Astron Connect Inc's Defensive Interval Ratio has evolved across 6 annual periods from 2017 to 2022. As of June 2023, the ratio stands at 73 days, meaning defensive assets of CA$34.10K can fund 73 days of operations without new revenue. See AST equity to assets ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Astron Connect Inc (2017–2022)

The table below presents the year-by-year Defensive Interval Ratio for Astron Connect Inc from 2017 to 2022, covering 6 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 Astron Connect Inc market cap and net worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 35 days CA$17.46K CA$492.99/day CA$- CA$- ▲ +26 days
2021 9 days CA$10.81K CA$1.14K/day CA$- CA$- ▼ -181 days
2020 190 days CA$307.23K CA$1.62K/day CA$- CA$- ▲ +129 days
2019 61 days CA$54.29K CA$890.47/day CA$- CA$- ▼ -138 days
2018 199 days CA$227.89K CA$1.14K/day CA$- CA$0.00 ▼ -397 days
2017 596 days CA$359.81K CA$603.45/day CA$- CA$338.10K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)