NEXE Innovations Inc (NEXE) — Defensive Interval Ratio
NEXE Innovations Inc (NEXE) has a Defensive Interval Ratio of 1116 days as of November 2025. Defensive assets of CA$8.71 Million (cash CA$-, short-term investments CA$8.67 Million, receivables CA$38.81K) cover 1116 days of daily cash needs of CA$7.81K/day. Check NEXE Innovations Inc (NEXE) tangible net worth to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
NEXE Innovations Inc Defensive Interval Ratio (2019–2024)
This chart shows how NEXE Innovations Inc's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of November 2025, the ratio stands at 1116 days, meaning defensive assets of CA$8.71 Million can fund 1116 days of operations without new revenue. Also explore NEXE shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for NEXE Innovations Inc (2019–2024)
The table below presents the year-by-year Defensive Interval Ratio for NEXE Innovations Inc from 2019 to 2024, covering 6 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 NEXE Innovations Inc market cap and net worth.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 425 days | CA$3.05 Million | CA$7.18K/day | CA$- | CA$3.04 Million | ▲ +420 days |
| 2023 | 5 days | CA$40.34K | CA$8.77K/day | CA$- | CA$40.00K | ▼ -1568 days |
| 2022 | 1572 days | CA$12.97 Million | CA$8.25K/day | CA$- | CA$12.96 Million | ▲ +1512 days |
| 2021 | 61 days | CA$643.38K | CA$10.60K/day | CA$- | CA$40.00K | ▼ -58 days |
| 2020 | 119 days | CA$288.75K | CA$2.43K/day | CA$- | CA$14.00K | ▼ -160 days |
| 2019 | 278 days | CA$229.48K | CA$824.91/day | CA$- | CA$- | — |