Identillect Technologies Corp (ID) — Defensive Interval Ratio
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.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. For the complete balance sheet picture, see ID total asset value.
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. See Identillect Technologies Corp current assets vs equity 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) |
|---|---|---|---|---|---|---|
| 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$- | — |