Aston Bay Holdings Ltd (BAY) — Defensive Interval Ratio

Latest as of March 2024: 6 days

Aston Bay Holdings Ltd (BAY) has a Defensive Interval Ratio of 6 days as of March 2024. Defensive assets of CA$17.19K (cash CA$-, short-term investments CA$-, receivables CA$17.19K) cover 6 days of daily cash needs of CA$2.90K/day.

Defensive Interval Ratio

6 days
Days of operational coverage

Defensive Assets

CA$17.19K
Cash + ST Investments + Receivables

Daily Cash Need

CA$2.90K
Current Liabilities ÷ 365

Current Liabilities

CA$1.06 Million
CAD

Aston Bay Holdings Ltd Defensive Interval Ratio (2012–2024)

This chart shows how Aston Bay Holdings Ltd's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of March 2024, the ratio stands at 6 days, meaning defensive assets of CA$17.19K can fund 6 days of operations without new revenue. For the complete balance sheet picture, see BAY total assets.

Annual Defensive Interval Ratio for Aston Bay Holdings Ltd (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Aston Bay Holdings Ltd from 2012 to 2024, 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 working capital to net assets of Aston Bay Holdings 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 6 days CA$17.19K CA$2.90K/day CA$- CA$- ▼ -10 days
2023 16 days CA$98.70K CA$6.22K/day CA$- CA$- ▲ +13 days
2022 3 days CA$12.03K CA$4.35K/day CA$- CA$- ▼ -2 days
2021 5 days CA$9.75K CA$1.93K/day CA$- CA$- ▼ -29 days
2020 34 days CA$32.44K CA$945.56/day CA$- CA$- ▼ -220 days
2019 254 days CA$124.21K CA$488.94/day CA$- CA$- ▼ -466 days
2018 720 days CA$448.11K CA$621.99/day CA$- CA$- ▼ -1476 days
2017 2196 days CA$764.31K CA$348.04/day CA$- CA$- ▲ +2157 days
2016 39 days CA$44.09K CA$1.12K/day CA$- CA$- ▲ +35 days
2015 4 days CA$5.91K CA$1.46K/day CA$- CA$- ▼ -2 days
2014 6 days CA$4.27K CA$715.97/day CA$- CA$- ▲ +5 days
2013 1 days CA$508.00 CA$829.60/day CA$- CA$- ▼ -57 days
2012 58 days CA$2.78K CA$48.09/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)