Carespan Health Inc (CSPN) — Defensive Interval Ratio
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.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. For the complete balance sheet picture, see CSPN total assets.
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. See how liquid is Carespan Health 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) |
|---|---|---|---|---|---|---|
| 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$- | — |