NuGen Medical Devices Inc (NGMD) — Defensive Interval Ratio

Latest as of September 2025: 11 days

NuGen Medical Devices Inc (NGMD) has a Defensive Interval Ratio of 11 days as of September 2025. Defensive assets of CA$35.90K (cash CA$-, short-term investments CA$-, receivables CA$35.90K) cover 11 days of daily cash needs of CA$3.28K/day. Check NuGen Medical Devices Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

11 days
Days of operational coverage

Defensive Assets

CA$35.90K
Cash + ST Investments + Receivables

Daily Cash Need

CA$3.28K
Current Liabilities ÷ 365

Current Liabilities

CA$1.20 Million
CAD

NuGen Medical Devices Inc Defensive Interval Ratio (2017–2024)

This chart shows how NuGen Medical Devices Inc's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 11 days, meaning defensive assets of CA$35.90K can fund 11 days of operations without new revenue. Also explore NuGen Medical Devices Inc net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for NuGen Medical Devices Inc (2017–2024)

The table below presents the year-by-year Defensive Interval Ratio for NuGen Medical Devices Inc from 2017 to 2024, 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 NGMD market cap overview.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 27 days CA$99.96K CA$3.66K/day CA$- CA$- ▲ +25 days
2023 2 days CA$20.75K CA$9.02K/day CA$- CA$- ▲ +1 days
2022 1 days CA$5.74K CA$4.74K/day CA$- CA$- ▼ -2 days
2021 3 days CA$11.22K CA$3.38K/day CA$- CA$- ▲ +3 days
2020 0 days CA$3.12K CA$26.72K/day CA$- CA$- ▼ -94 days
2019 94 days CA$297.07K CA$3.15K/day CA$- CA$- ▲ +70 days
2018 24 days CA$49.61K CA$2.06K/day CA$- CA$- ▲ +11 days
2017 13 days CA$21.03K CA$1.59K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)