Kovo Healthtech Corp (KOVO) — Defensive Interval Ratio

Latest as of September 2025: 10 days

Kovo Healthtech Corp (KOVO) has a Defensive Interval Ratio of 10 days as of September 2025. Defensive assets of CA$472.00K (cash CA$-, short-term investments CA$-, receivables CA$472.00K) cover 10 days of daily cash needs of CA$47.53K/day. Check Kovo Healthtech Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

10 days
Days of operational coverage

Defensive Assets

CA$472.00K
Cash + ST Investments + Receivables

Daily Cash Need

CA$47.53K
Current Liabilities ÷ 365

Current Liabilities

CA$17.35 Million
CAD

Kovo Healthtech Corp Defensive Interval Ratio (2017–2024)

This chart shows how Kovo Healthtech Corp's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 10 days, meaning defensive assets of CA$472.00K can fund 10 days of operations without new revenue. Also explore Kovo Healthtech Corp net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Kovo Healthtech Corp (2017–2024)

The table below presents the year-by-year Defensive Interval Ratio for Kovo Healthtech Corp from 2017 to 2024, covering 8 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 Kovo Healthtech Corp (KOVO) total market value.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 3 days CA$121.00K CA$35.53K/day CA$- CA$- ▼ -10 days
2023 13 days CA$252.00K CA$18.76K/day CA$- CA$- ▼ -37 days
2022 50 days CA$275.00K CA$5.49K/day CA$- CA$- ▲ +34 days
2021 16 days CA$155.00K CA$9.50K/day CA$- CA$- ▲ +0 days
2020 16 days CA$73.00K CA$4.59K/day CA$- CA$- ▼ -1 days
2019 17 days CA$58.00K CA$3.42K/day CA$- CA$- ▲ +8 days
2018 9 days CA$29.00K CA$3.19K/day CA$- CA$- ▼ -5 days
2017 14 days CA$50.00K CA$3.57K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)