First Hydrogen Corp Defensive Interval Ratio
First Hydrogen Corp 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. See FHYD working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of First Hydrogen Corp (2018–2022)
Defensive interval ratio of First Hydrogen Corp from 2018 to 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. Read total liabilities of First Hydrogen Corp for a breakdown of total debt and financial obligations.
First Hydrogen Corp Defensive Interval Ratio by Year (2018–2022)
First Hydrogen Corp defensive interval ratio by year from 2018 to 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 the complete balance sheet picture, see FHYD asset base.
| 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$- | — |