Niocan Inc (NIO) — Defensive Interval Ratio
Niocan Inc (NIO) has a Defensive Interval Ratio of 141 days as of June 2023. Defensive assets of CA$97.33K (cash CA$-, short-term investments CA$-, receivables CA$97.33K) cover 141 days of daily cash needs of CA$688.93/day. Check tangible equity quality of Niocan Inc to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Niocan Inc Defensive Interval Ratio (2013–2021)
This chart shows how Niocan Inc's Defensive Interval Ratio has evolved across 9 annual periods from 2013 to 2021. As of June 2023, the ratio stands at 141 days, meaning defensive assets of CA$97.33K can fund 141 days of operations without new revenue. Also explore Niocan Inc equity growth rate to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Niocan Inc (2013–2021)
The table below presents the year-by-year Defensive Interval Ratio for Niocan Inc from 2013 to 2021, covering 9 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 how much is Niocan Inc worth.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2021 | 11 days | CA$110.19K | CA$10.38K/day | CA$- | CA$- | ▲ +10 days |
| 2020 | 0 days | CA$2.04K | CA$9.41K/day | CA$- | CA$- | ▼ 0 days |
| 2019 | 0 days | CA$3.33K | CA$8.44K/day | CA$- | CA$- | ▲ +0 days |
| 2018 | 0 days | CA$1.10K | CA$7.39K/day | CA$- | CA$- | ▼ 0 days |
| 2017 | 1 days | CA$4.09K | CA$6.36K/day | CA$- | CA$- | ▼ -6 days |
| 2016 | 6 days | CA$35.29K | CA$5.58K/day | CA$- | CA$- | ▼ -3 days |
| 2015 | 10 days | CA$32.52K | CA$3.40K/day | CA$- | CA$- | ▲ +1 days |
| 2014 | 8 days | CA$27.37K | CA$3.29K/day | CA$- | CA$- | ▼ -882 days |
| 2013 | 890 days | CA$166.19K | CA$186.72/day | CA$- | CA$- | — |