Advent Wireless Inc (AWI) — Defensive Interval Ratio

Latest as of March 2026: 1687 days

Advent Wireless Inc (AWI) has a Defensive Interval Ratio of 1687 days as of March 2026. Defensive assets of CA$6.35 Million (cash CA$-, short-term investments CA$5.60 Million, receivables CA$753.98K) cover 1687 days of daily cash needs of CA$3.77K/day.

Defensive Interval Ratio

1687 days
Days of operational coverage

Defensive Assets

CA$6.35 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$3.77K
Current Liabilities ÷ 365

Current Liabilities

CA$1.38 Million
CAD

Advent Wireless Inc Defensive Interval Ratio (2013–2025)

This chart shows how Advent Wireless Inc's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 1687 days, meaning defensive assets of CA$6.35 Million can fund 1687 days of operations without new revenue. For the complete balance sheet picture, see AWI current and non-current assets.

Annual Defensive Interval Ratio for Advent Wireless Inc (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for Advent Wireless Inc from 2013 to 2025, covering 13 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 Advent Wireless 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 1154 days CA$6.64 Million CA$5.75K/day CA$- CA$5.70 Million ▲ +747 days
2024 407 days CA$2.78 Million CA$6.85K/day CA$- CA$2.00 Million ▼ -30 days
2023 436 days CA$2.81 Million CA$6.44K/day CA$- CA$2.00 Million ▼ -586 days
2022 1022 days CA$6.69 Million CA$6.55K/day CA$- CA$6.10 Million ▲ +342 days
2021 681 days CA$5.04 Million CA$7.41K/day CA$- CA$4.03 Million ▼ -107 days
2020 787 days CA$4.88 Million CA$6.20K/day CA$- CA$4.03 Million ▼ -192 days
2019 979 days CA$6.30 Million CA$6.43K/day CA$- CA$5.26 Million ▲ +103 days
2018 877 days CA$8.15 Million CA$9.30K/day CA$- CA$7.00 Million ▲ +604 days
2017 272 days CA$2.42 Million CA$8.88K/day CA$- CA$- ▲ +2 days
2016 270 days CA$2.63 Million CA$9.76K/day CA$- CA$- ▲ +74 days
2015 196 days CA$1.73 Million CA$8.85K/day CA$- CA$- ▼ -10 days
2014 206 days CA$2.23 Million CA$10.80K/day CA$- CA$- ▼ -19 days
2013 226 days CA$2.90 Million CA$12.85K/day CA$- CA$224.00K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)