Helium Evolution Inc (HEVI) — Defensive Interval Ratio
Helium Evolution Inc (HEVI) has a Defensive Interval Ratio of 23 days as of March 2026. Defensive assets of CA$70.00K (cash CA$-, short-term investments CA$-, receivables CA$70.00K) cover 23 days of daily cash needs of CA$3.09K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Helium Evolution Inc Defensive Interval Ratio (2021–2025)
This chart shows how Helium Evolution Inc's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of March 2026, the ratio stands at 23 days, meaning defensive assets of CA$70.00K can fund 23 days of operations without new revenue. For the complete balance sheet picture, see how large is Helium Evolution Inc's balance sheet.
Annual Defensive Interval Ratio for Helium Evolution Inc (2021–2025)
The table below presents the year-by-year Defensive Interval Ratio for Helium Evolution Inc from 2021 to 2025, 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. See working capital to net assets of Helium Evolution Inc to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 40 days | CA$136.00K | CA$3.42K/day | CA$- | CA$- | ▲ +12 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$- | — |