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.

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. For the complete balance sheet picture, see AST current and non-current assets.

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. See Astron Connect Inc short-term liquidity ratio 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)
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)