Identillect Technologies Corp (ID) — Defensive Interval Ratio

Latest as of June 2023: 26 days

Identillect Technologies Corp (ID) has a Defensive Interval Ratio of 26 days as of June 2023. Defensive assets of CA$91.41K (cash CA$-, short-term investments CA$-, receivables CA$91.41K) cover 26 days of daily cash needs of CA$3.46K/day. See ID working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

26 days
Days of operational coverage

Defensive Assets

CA$91.41K
Cash + ST Investments + Receivables

Daily Cash Need

CA$3.46K
Current Liabilities ÷ 365

Current Liabilities

CA$1.26 Million
CAD

Identillect Technologies Corp Defensive Interval Ratio (2013–2021)

This chart shows how Identillect Technologies Corp's Defensive Interval Ratio has evolved across 9 annual periods from 2013 to 2021. As of June 2023, the ratio stands at 26 days, meaning defensive assets of CA$91.41K can fund 26 days of operations without new revenue. See ID equity financing ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Identillect Technologies Corp (2013–2021)

The table below presents the year-by-year Defensive Interval Ratio for Identillect Technologies Corp from 2013 to 2021, covering 9 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 Identillect Technologies Corp stock valuation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2021 14 days CA$81.12K CA$5.65K/day CA$- CA$- ▲ +12 days
2020 2 days CA$9.14K CA$4.75K/day CA$- CA$- ▼ -11 days
2019 13 days CA$58.06K CA$4.43K/day CA$- CA$- ▼ -57 days
2018 70 days CA$197.71K CA$2.81K/day CA$- CA$- ▼ -117 days
2017 187 days CA$393.24K CA$2.10K/day CA$- CA$- ▲ +111 days
2016 76 days CA$223.37K CA$2.95K/day CA$- CA$- ▲ +64 days
2015 12 days CA$33.01K CA$2.75K/day CA$- CA$- ▲ +6 days
2014 6 days CA$6.91K CA$1.08K/day CA$- CA$- ▼ -84 days
2013 90 days CA$11.47K CA$127.13/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)