Newtopia Inc Defensive Interval Ratio
Newtopia Inc 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. See Newtopia Inc (NEWU) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Newtopia Inc (2017–2023)
Defensive interval ratio of Newtopia Inc from 2017 to 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. Read NEWU total liabilities for a breakdown of total debt and financial obligations.
Newtopia Inc Defensive Interval Ratio by Year (2017–2023)
Newtopia Inc defensive interval ratio by year from 2017 to 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 the complete balance sheet picture, see NEWU current and non-current assets.
| 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$- | — |