Helium Evolution Inc (HEVI) — Defensive Interval Ratio

Latest as of September 2025: 3 days

Helium Evolution Inc (HEVI) has a Defensive Interval Ratio of 3 days as of September 2025. Defensive assets of CA$69.00K (cash CA$-, short-term investments CA$-, receivables CA$69.00K) cover 3 days of daily cash needs of CA$26.69K/day. Check Helium Evolution Inc tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

3 days
Days of operational coverage

Defensive Assets

CA$69.00K
Cash + ST Investments + Receivables

Daily Cash Need

CA$26.69K
Current Liabilities ÷ 365

Current Liabilities

CA$9.74 Million
CAD

Helium Evolution Inc Defensive Interval Ratio (2021–2024)

This chart shows how Helium Evolution Inc's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of September 2025, the ratio stands at 3 days, meaning defensive assets of CA$69.00K can fund 3 days of operations without new revenue. Also explore Helium Evolution Inc (HEVI) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Helium Evolution Inc (2021–2024)

The table below presents the year-by-year Defensive Interval Ratio for Helium Evolution Inc from 2021 to 2024, covering 4 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 Helium Evolution Inc stock valuation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 28 days CA$57.00K CA$2.07K/day CA$- CA$- ▼ -10 days
2023 38 days CA$76.00K CA$2.00K/day CA$- CA$- ▼ -487 days
2022 525 days CA$263.00K CA$501.37/day CA$- CA$- ▲ +523 days
2021 1 days CA$46.00K CA$34.28K/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)