Jack Nathan Medical Corp (JNH) — Defensive Interval Ratio
Jack Nathan Medical Corp (JNH) has a Defensive Interval Ratio of 69 days as of October 2023. Defensive assets of CA$1.19 Million (cash CA$-, short-term investments CA$-, receivables CA$1.19 Million) cover 69 days of daily cash needs of CA$17.36K/day. Check how tangible is Jack Nathan Medical Corp's equity to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Jack Nathan Medical Corp Defensive Interval Ratio (2019–2023)
This chart shows how Jack Nathan Medical Corp's Defensive Interval Ratio has evolved across 5 annual periods from 2019 to 2023. As of October 2023, the ratio stands at 69 days, meaning defensive assets of CA$1.19 Million can fund 69 days of operations without new revenue. Also explore JNH year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Jack Nathan Medical Corp (2019–2023)
The table below presents the year-by-year Defensive Interval Ratio for Jack Nathan Medical Corp from 2019 to 2023, 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. For live market cap and the full company financial profile, see how much is Jack Nathan Medical Corp worth.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 54 days | CA$826.94K | CA$15.38K/day | CA$- | CA$- | ▼ -59 days |
| 2022 | 113 days | CA$831.91K | CA$7.39K/day | CA$- | CA$- | ▲ +53 days |
| 2021 | 60 days | CA$156.62K | CA$2.63K/day | CA$- | CA$- | ▲ +47 days |
| 2020 | 12 days | CA$63.89K | CA$5.21K/day | CA$- | CA$- | ▼ -30 days |
| 2019 | 42 days | CA$258.89K | CA$6.12K/day | CA$- | CA$- | — |