Hank Payments Corp (HANK) — Defensive Interval Ratio

Latest as of December 2024: 35 days

Hank Payments Corp (HANK) has a Defensive Interval Ratio of 35 days as of December 2024. Defensive assets of CA$856.60K (cash CA$-, short-term investments CA$-, receivables CA$856.60K) cover 35 days of daily cash needs of CA$24.63K/day. See Hank Payments Corp short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

35 days
Days of operational coverage

Defensive Assets

CA$856.60K
Cash + ST Investments + Receivables

Daily Cash Need

CA$24.63K
Current Liabilities ÷ 365

Current Liabilities

CA$8.99 Million
CAD

Hank Payments Corp Defensive Interval Ratio (2019–2024)

This chart shows how Hank Payments Corp's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of December 2024, the ratio stands at 35 days, meaning defensive assets of CA$856.60K can fund 35 days of operations without new revenue. Also explore HANK net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Hank Payments Corp (2019–2024)

The table below presents the year-by-year Defensive Interval Ratio for Hank Payments Corp from 2019 to 2024, covering 6 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 how much is Hank Payments Corp worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 31 days CA$732.98K CA$23.61K/day CA$- CA$- ▼ -1 days
2023 32 days CA$547.41K CA$17.18K/day CA$- CA$- ▼ -55 days
2022 87 days CA$1.03 Million CA$11.79K/day CA$- CA$- ▼ -42 days
2021 129 days CA$1.12 Million CA$8.68K/day CA$- CA$- ▲ +69 days
2020 59 days CA$674.25K CA$11.35K/day CA$- CA$- ▼ -23 days
2019 82 days CA$681.13K CA$8.30K/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)