Labrador Technologies Inc (LTX) — Defensive Interval Ratio

Latest as of October 2020: 0 days

Labrador Technologies Inc (LTX) has a Defensive Interval Ratio of 0 days as of October 2020. Defensive assets of CA$0.00 (cash CA$-, short-term investments CA$-, receivables CA$0.00) cover 0 days of daily cash needs of CA$1.16K/day. See Labrador Technologies Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

CA$0.00
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.16K
Current Liabilities ÷ 365

Current Liabilities

CA$424.87K
CAD

Labrador Technologies Inc Defensive Interval Ratio (2013–2020)

This chart shows how Labrador Technologies Inc's Defensive Interval Ratio has evolved across 8 annual periods from 2013 to 2020. As of October 2020, the ratio stands at 0 days, meaning defensive assets of CA$0.00 can fund 0 days of operations without new revenue. See how leveraged is Labrador Technologies Inc's balance sheet to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Labrador Technologies Inc (2013–2020)

The table below presents the year-by-year Defensive Interval Ratio for Labrador Technologies Inc from 2013 to 2020, 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 market value of Labrador Technologies Inc.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2020 0 days CA$0.00 CA$1.16K/day CA$- CA$- ▼ 0 days
2019 0 days CA$242.00 CA$1.31K/day CA$- CA$- ▼ -1 days
2018 1 days CA$2.85K CA$2.79K/day CA$- CA$- ▼ -1 days
2017 2 days CA$9.90K CA$5.62K/day CA$- CA$- ▲ +1 days
2016 1 days CA$9.21K CA$8.52K/day CA$- CA$- ▼ -1 days
2015 2 days CA$16.60K CA$6.85K/day CA$- CA$- ▲ +1 days
2014 1 days CA$6.66K CA$4.94K/day CA$- CA$- ▲ +0 days
2013 1 days CA$3.82K CA$3.91K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)