Kovo Healthtech Corp (KOVO) — Defensive Interval Ratio

Latest as of March 2026: 7 days

Kovo Healthtech Corp (KOVO) has a Defensive Interval Ratio of 7 days as of March 2026. Defensive assets of CA$473.00K (cash CA$-, short-term investments CA$-, receivables CA$473.00K) cover 7 days of daily cash needs of CA$68.25K/day. See Kovo Healthtech Corp working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

7 days
Days of operational coverage

Defensive Assets

CA$473.00K
Cash + ST Investments + Receivables

Daily Cash Need

CA$68.25K
Current Liabilities ÷ 365

Current Liabilities

CA$24.91 Million
CAD

Kovo Healthtech Corp Defensive Interval Ratio (2017–2025)

This chart shows how Kovo Healthtech Corp's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 7 days, meaning defensive assets of CA$473.00K can fund 7 days of operations without new revenue. See debt-free asset ratio of Kovo Healthtech Corp to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Kovo Healthtech Corp (2017–2025)

The table below presents the year-by-year Defensive Interval Ratio for Kovo Healthtech Corp from 2017 to 2025, 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 KOVO market cap overview.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 5 days CA$308.00K CA$61.77K/day CA$- CA$- ▲ +2 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)