FuelPositive Corp (NHHH) — Defensive Interval Ratio

Latest as of June 2023: 38 days

FuelPositive Corp (NHHH) has a Defensive Interval Ratio of 38 days as of June 2023. Defensive assets of CA$205.25K (cash CA$-, short-term investments CA$-, receivables CA$205.25K) cover 38 days of daily cash needs of CA$5.44K/day. Check NHHH goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

38 days
Days of operational coverage

Defensive Assets

CA$205.25K
Cash + ST Investments + Receivables

Daily Cash Need

CA$5.44K
Current Liabilities ÷ 365

Current Liabilities

CA$1.99 Million
CAD

FuelPositive Corp Defensive Interval Ratio (2017–2022)

This chart shows how FuelPositive Corp's Defensive Interval Ratio has evolved across 3 annual periods from 2017 to 2022. As of June 2023, the ratio stands at 38 days, meaning defensive assets of CA$205.25K can fund 38 days of operations without new revenue. Also explore how fast is FuelPositive Corp growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for FuelPositive Corp (2017–2022)

The table below presents the year-by-year Defensive Interval Ratio for FuelPositive Corp from 2017 to 2022, covering 3 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 FuelPositive Corp (NHHH) total market value.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 162 days CA$501.38K CA$3.09K/day CA$- CA$- ▲ +124 days
2021 38 days CA$161.04K CA$4.27K/day CA$- CA$- ▲ +38 days
2017 0 days CA$0.00 CA$792.92/day CA$- CA$0.00
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)