Novra Technologies Inc (NVI) — Defensive Interval Ratio

Latest as of September 2025: 70 days

Novra Technologies Inc (NVI) has a Defensive Interval Ratio of 70 days as of September 2025. Defensive assets of CA$880.00K (cash CA$-, short-term investments CA$-, receivables CA$880.00K) cover 70 days of daily cash needs of CA$12.62K/day. Check Novra Technologies Inc tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

70 days
Days of operational coverage

Defensive Assets

CA$880.00K
Cash + ST Investments + Receivables

Daily Cash Need

CA$12.62K
Current Liabilities ÷ 365

Current Liabilities

CA$4.61 Million
CAD

Novra Technologies Inc Defensive Interval Ratio (2001–2024)

This chart shows how Novra Technologies Inc's Defensive Interval Ratio has evolved across 24 annual periods from 2001 to 2024. As of September 2025, the ratio stands at 70 days, meaning defensive assets of CA$880.00K can fund 70 days of operations without new revenue. Also explore Novra Technologies Inc annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Novra Technologies Inc (2001–2024)

The table below presents the year-by-year Defensive Interval Ratio for Novra Technologies Inc from 2001 to 2024, covering 24 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 NVI market cap overview.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 29 days CA$383.00K CA$13.39K/day CA$- CA$- ▼ -34 days
2023 63 days CA$815.00K CA$12.99K/day CA$- CA$- ▲ +14 days
2022 49 days CA$759.90K CA$15.61K/day CA$- CA$- ▼ -10 days
2021 59 days CA$1.12 Million CA$19.18K/day CA$- CA$- ▲ +17 days
2020 42 days CA$883.00K CA$21.06K/day CA$- CA$- ▼ -17 days
2019 59 days CA$808.00K CA$13.70K/day CA$- CA$- ▼ -32 days
2018 91 days CA$1.42 Million CA$15.59K/day CA$- CA$200.00K ▼ -72 days
2017 162 days CA$1.74 Million CA$10.72K/day CA$- CA$200.00K ▼ -39 days
2016 201 days CA$3.25 Million CA$16.14K/day CA$- CA$232.22K ▼ -39 days
2015 240 days CA$1.07 Million CA$4.45K/day CA$- CA$55.28K ▲ +92 days
2014 148 days CA$662.04K CA$4.48K/day CA$- CA$58.00 ▼ -294 days
2013 442 days CA$1.32 Million CA$3.00K/day CA$- CA$1.19 Million ▲ +348 days
2012 93 days CA$342.20K CA$3.67K/day CA$- CA$- ▼ -85 days
2011 178 days CA$298.47K CA$1.67K/day CA$- CA$- ▲ +36 days
2010 143 days CA$390.78K CA$2.73K/day CA$- CA$4.33K ▼ -39 days
2009 182 days CA$428.89K CA$2.36K/day CA$- CA$1.00 ▲ +2 days
2008 180 days CA$840.68K CA$4.68K/day CA$- CA$- ▲ +61 days
2007 118 days CA$641.29K CA$5.42K/day CA$- CA$- ▲ +4 days
2006 114 days CA$574.39K CA$5.02K/day CA$- CA$- ▼ -41 days
2005 155 days CA$659.64K CA$4.26K/day CA$- CA$1.00 ▲ +84 days
2004 71 days CA$247.04K CA$3.47K/day CA$- CA$1.00 ▼ -549 days
2003 620 days CA$482.26K CA$778.28/day CA$- CA$1.00 ▼ -92 days
2002 712 days CA$284.06K CA$399.12/day CA$- CA$1.00 ▲ +86 days
2001 626 days CA$171.00K CA$273.17/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)