LeoNovus Inc (LTV) — Defensive Interval Ratio

Latest as of March 2024: 4 days

LeoNovus Inc (LTV) has a Defensive Interval Ratio of 4 days as of March 2024. Defensive assets of CA$18.00K (cash CA$-, short-term investments CA$-, receivables CA$18.00K) cover 4 days of daily cash needs of CA$4.80K/day.

Defensive Interval Ratio

4 days
Days of operational coverage

Defensive Assets

CA$18.00K
Cash + ST Investments + Receivables

Daily Cash Need

CA$4.80K
Current Liabilities ÷ 365

Current Liabilities

CA$1.75 Million
CAD

LeoNovus Inc Defensive Interval Ratio (2009–2023)

This chart shows how LeoNovus Inc's Defensive Interval Ratio has evolved across 15 annual periods from 2009 to 2023. As of March 2024, the ratio stands at 4 days, meaning defensive assets of CA$18.00K can fund 4 days of operations without new revenue. For the complete balance sheet picture, see LeoNovus Inc balance sheet assets.

Annual Defensive Interval Ratio for LeoNovus Inc (2009–2023)

The table below presents the year-by-year Defensive Interval Ratio for LeoNovus Inc from 2009 to 2023, covering 15 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 LeoNovus Inc short-term liquidity ratio 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)
2023 23 days CA$105.00K CA$4.55K/day CA$- CA$- ▲ +8 days
2022 15 days CA$69.00K CA$4.66K/day CA$- CA$- ▼ -37 days
2021 52 days CA$86.00K CA$1.66K/day CA$- CA$- ▼ -113 days
2020 165 days CA$683.00K CA$4.14K/day CA$- CA$0.00 ▲ +65 days
2019 101 days CA$263.87K CA$2.62K/day CA$- CA$49.64K ▼ -59 days
2018 159 days CA$708.25K CA$4.45K/day CA$- CA$50.40K ▲ +133 days
2017 26 days CA$293.00K CA$11.18K/day CA$- CA$- ▲ +13 days
2016 14 days CA$162.64K CA$12.01K/day CA$- CA$- ▼ -18 days
2015 32 days CA$385.78K CA$12.13K/day CA$- CA$- ▼ -19 days
2014 51 days CA$362.19K CA$7.11K/day CA$- CA$- ▼ -13 days
2013 64 days CA$836.91K CA$13.04K/day CA$- CA$- ▲ +45 days
2012 19 days CA$150.22K CA$7.72K/day CA$- CA$- ▼ -58 days
2011 77 days CA$331.82K CA$4.29K/day CA$- CA$- ▼ -4 days
2010 82 days CA$85.01K CA$1.04K/day CA$- CA$- ▲ +2 days
2009 80 days CA$3.89K CA$48.51/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)