First Hydrogen Corp (FHYD) — Defensive Interval Ratio
First Hydrogen Corp (FHYD) has a Defensive Interval Ratio of 322 days as of June 2023. Defensive assets of CA$1.65 Million (cash CA$-, short-term investments CA$-, receivables CA$1.65 Million) cover 322 days of daily cash needs of CA$5.13K/day. Check First Hydrogen Corp (FHYD) tangible net worth to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
First Hydrogen Corp Defensive Interval Ratio (2018–2022)
This chart shows how First Hydrogen Corp's Defensive Interval Ratio has evolved across 5 annual periods from 2018 to 2022. As of June 2023, the ratio stands at 322 days, meaning defensive assets of CA$1.65 Million can fund 322 days of operations without new revenue. Also explore First Hydrogen Corp net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for First Hydrogen Corp (2018–2022)
The table below presents the year-by-year Defensive Interval Ratio for First Hydrogen Corp from 2018 to 2022, covering 5 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 First Hydrogen Corp (FHYD) total market value.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 112 days | CA$887.27K | CA$7.91K/day | CA$- | CA$- | ▲ +103 days |
| 2021 | 9 days | CA$33.30K | CA$3.70K/day | CA$- | CA$- | ▼ -150 days |
| 2020 | 159 days | CA$30.84K | CA$193.63/day | CA$- | CA$- | ▲ +101 days |
| 2019 | 58 days | CA$12.80K | CA$221.00/day | CA$- | CA$- | ▼ -42 days |
| 2018 | 100 days | CA$10.92K | CA$108.93/day | CA$- | CA$- | — |