Lite Access Technologies Inc (LTE) — Defensive Interval Ratio

Latest as of September 2025: 144 days

Lite Access Technologies Inc (LTE) has a Defensive Interval Ratio of 144 days as of September 2025. Defensive assets of CA$4.13 Million (cash CA$-, short-term investments CA$-, receivables CA$4.13 Million) cover 144 days of daily cash needs of CA$28.76K/day.

Defensive Interval Ratio

144 days
Days of operational coverage

Defensive Assets

CA$4.13 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$28.76K
Current Liabilities ÷ 365

Current Liabilities

CA$10.50 Million
CAD

Lite Access Technologies Inc Defensive Interval Ratio (2013–2025)

This chart shows how Lite Access Technologies Inc's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of September 2025, the ratio stands at 144 days, meaning defensive assets of CA$4.13 Million can fund 144 days of operations without new revenue. For the complete balance sheet picture, see Lite Access Technologies Inc asset portfolio.

Annual Defensive Interval Ratio for Lite Access Technologies Inc (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for Lite Access Technologies Inc from 2013 to 2025, covering 13 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 Lite Access Technologies Inc working capital to net assets 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)
2025 144 days CA$4.13 Million CA$28.76K/day CA$- CA$- ▲ +89 days
2024 55 days CA$652.79K CA$11.96K/day CA$- CA$- ▼ -154 days
2023 209 days CA$1.35 Million CA$6.47K/day CA$- CA$- ▼ -97 days
2022 306 days CA$2.41 Million CA$7.86K/day CA$- CA$- ▲ +6 days
2021 300 days CA$2.81 Million CA$9.35K/day CA$- CA$- ▲ +97 days
2020 204 days CA$7.07 Million CA$34.70K/day CA$- CA$200.00K ▼ -375 days
2019 579 days CA$2.64 Million CA$4.56K/day CA$- CA$350.00K ▲ +38 days
2018 540 days CA$4.35 Million CA$8.05K/day CA$- CA$- ▼ -302 days
2017 842 days CA$3.87 Million CA$4.59K/day CA$- CA$12.03K ▲ +29 days
2016 814 days CA$3.68 Million CA$4.53K/day CA$- CA$0.00 ▲ +701 days
2015 113 days CA$405.75K CA$3.59K/day CA$- CA$41.91K ▲ +45 days
2014 68 days CA$60.05K CA$880.66/day CA$- CA$- ▼ -30 days
2013 98 days CA$104.22K CA$1.06K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)