CO2 Gro Inc Defensive Interval Ratio

Latest as of September 2023: 171 days

CO2 Gro Inc defensive interval ratio. CO2 Gro Inc (GROW) has a Defensive Interval Ratio of 171 days as of September 2023. Defensive assets of CA$175.03K (cash CA$-, short-term investments CA$-, receivables CA$175.03K) cover 171 days of daily cash needs of CA$1.02K/day. See GROW current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

171 days
Days of operational coverage

Defensive Assets

CA$175.03K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.02K
Current Liabilities ÷ 365

Current Liabilities

CA$373.05K
CAD

Defensive Interval Ratio of CO2 Gro Inc (2011–2022)

Defensive interval ratio of CO2 Gro Inc from 2011 to 2022. This chart shows how CO2 Gro Inc's Defensive Interval Ratio has evolved across 12 annual periods from 2011 to 2022. As of September 2023, the ratio stands at 171 days, meaning defensive assets of CA$175.03K can fund 171 days of operations without new revenue. Check how resilient are CO2 Gro Inc's assets to evaluate the company's liquid asset resilience ratio.

CO2 Gro Inc Defensive Interval Ratio by Year (2011–2022)

CO2 Gro Inc defensive interval ratio by year from 2011 to 2022. The table below presents the year-by-year Defensive Interval Ratio for CO2 Gro Inc from 2011 to 2022, covering 12 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 how large is CO2 Gro Inc's balance sheet.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 120 days CA$132.39K CA$1.10K/day CA$- CA$- ▲ +55 days
2021 65 days CA$78.81K CA$1.21K/day CA$- CA$- ▲ +15 days
2020 50 days CA$42.47K CA$845.78/day CA$- CA$- ▲ +7 days
2019 43 days CA$36.15K CA$841.93/day CA$- CA$- ▼ -34 days
2018 77 days CA$200.87K CA$2.62K/day CA$- CA$- ▲ +61 days
2017 15 days CA$32.50K CA$2.12K/day CA$- CA$- ▼ -4 days
2016 20 days CA$48.78K CA$2.49K/day CA$- CA$- ▼ -14 days
2015 34 days CA$30.01K CA$885.90/day CA$- CA$- ▲ +6 days
2014 28 days CA$47.04K CA$1.67K/day CA$- CA$- ▼ -47 days
2013 75 days CA$38.81K CA$520.04/day CA$- CA$- ▼ -43 days
2012 118 days CA$79.20K CA$673.98/day CA$- CA$65.00K ▼ -37 days
2011 155 days CA$112.77K CA$728.50/day CA$- CA$65.00K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)