Carespan Health Inc (CSPN) — Defensive Interval Ratio

Latest as of March 2025: 12 days

Carespan Health Inc (CSPN) has a Defensive Interval Ratio of 12 days as of March 2025. Defensive assets of CA$101.68K (cash CA$-, short-term investments CA$-, receivables CA$101.68K) cover 12 days of daily cash needs of CA$8.32K/day. See CSPN working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

12 days
Days of operational coverage

Defensive Assets

CA$101.68K
Cash + ST Investments + Receivables

Daily Cash Need

CA$8.32K
Current Liabilities ÷ 365

Current Liabilities

CA$3.04 Million
CAD

Carespan Health Inc Defensive Interval Ratio (2018–2024)

This chart shows how Carespan Health Inc's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of March 2025, the ratio stands at 12 days, meaning defensive assets of CA$101.68K can fund 12 days of operations without new revenue. Also explore CSPN shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Carespan Health Inc (2018–2024)

The table below presents the year-by-year Defensive Interval Ratio for Carespan Health Inc from 2018 to 2024, covering 7 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 Carespan Health Inc market cap and net worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 15 days CA$125.00K CA$8.08K/day CA$- CA$- ▼ -12 days
2023 27 days CA$188.94K CA$6.88K/day CA$- CA$- ▼ -123 days
2022 150 days CA$930.73K CA$6.20K/day CA$- CA$- ▼ -16 days
2021 166 days CA$1.55 Million CA$9.31K/day CA$- CA$- ▲ +130 days
2020 36 days CA$834.31K CA$23.00K/day CA$- CA$- ▲ +31 days
2019 5 days CA$18.89K CA$3.84K/day CA$- CA$- ▲ +4 days
2018 0 days CA$1.00K CA$2.35K/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)