Newtopia Inc (NEWU) — Defensive Interval Ratio
Newtopia Inc (NEWU) has a Defensive Interval Ratio of 10 days as of September 2024. Defensive assets of CA$357.61K (cash CA$-, short-term investments CA$-, receivables CA$357.61K) cover 10 days of daily cash needs of CA$36.34K/day. Check Newtopia Inc (NEWU) tangible net worth to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Newtopia Inc Defensive Interval Ratio (2017–2023)
This chart shows how Newtopia Inc's Defensive Interval Ratio has evolved across 7 annual periods from 2017 to 2023. As of September 2024, the ratio stands at 10 days, meaning defensive assets of CA$357.61K can fund 10 days of operations without new revenue. Also explore NEWU net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Newtopia Inc (2017–2023)
The table below presents the year-by-year Defensive Interval Ratio for Newtopia Inc from 2017 to 2023, covering 7 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 NEWU company net worth.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 47 days | CA$1.33 Million | CA$28.39K/day | CA$- | CA$- | ▼ -5 days |
| 2022 | 52 days | CA$1.49 Million | CA$28.52K/day | CA$- | CA$- | ▼ -49 days |
| 2021 | 101 days | CA$1.33 Million | CA$13.15K/day | CA$- | CA$- | ▼ -32 days |
| 2020 | 133 days | CA$955.71K | CA$7.18K/day | CA$- | CA$- | ▲ +105 days |
| 2019 | 29 days | CA$1.25 Million | CA$43.72K/day | CA$- | CA$- | ▲ +14 days |
| 2018 | 14 days | CA$592.79K | CA$41.33K/day | CA$- | CA$- | ▼ -8 days |
| 2017 | 22 days | CA$535.10K | CA$24.28K/day | CA$- | CA$- | — |