Nexoptic Technology Corp (NXO) — Defensive Interval Ratio

Latest as of September 2024: 2 days

Nexoptic Technology Corp (NXO) has a Defensive Interval Ratio of 2 days as of September 2024. Defensive assets of CA$14.01K (cash CA$-, short-term investments CA$-, receivables CA$14.01K) cover 2 days of daily cash needs of CA$6.18K/day. See working capital position of Nexoptic Technology Corp to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

CA$14.01K
Cash + ST Investments + Receivables

Daily Cash Need

CA$6.18K
Current Liabilities ÷ 365

Current Liabilities

CA$2.25 Million
CAD

Nexoptic Technology Corp Defensive Interval Ratio (2010–2023)

This chart shows how Nexoptic Technology Corp's Defensive Interval Ratio has evolved across 14 annual periods from 2010 to 2023. As of September 2024, the ratio stands at 2 days, meaning defensive assets of CA$14.01K can fund 2 days of operations without new revenue. See Nexoptic Technology Corp (NXO) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Nexoptic Technology Corp (2010–2023)

The table below presents the year-by-year Defensive Interval Ratio for Nexoptic Technology Corp from 2010 to 2023, covering 14 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 Nexoptic Technology Corp market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 7 days CA$34.30K CA$5.11K/day CA$- CA$- ▼ -2 days
2022 8 days CA$45.23K CA$5.43K/day CA$- CA$- ▼ -3 days
2021 11 days CA$31.17K CA$2.75K/day CA$- CA$5.75K ▼ -4 days
2020 15 days CA$35.43K CA$2.37K/day CA$- CA$5.84K ▼ -17 days
2019 32 days CA$114.17K CA$3.59K/day CA$- CA$69.44K ▼ -3281 days
2018 3313 days CA$2.38 Million CA$717.11/day CA$- CA$2.27 Million ▼ -3906 days
2017 7219 days CA$6.61 Million CA$915.25/day CA$- CA$6.54 Million ▲ +7176 days
2016 43 days CA$5.94K CA$138.70/day CA$- CA$- ▲ +13 days
2015 30 days CA$6.57K CA$216.75/day CA$- CA$- ▼ -1 days
2014 31 days CA$5.91K CA$189.26/day CA$- CA$- ▼ -66 days
2013 97 days CA$13.42K CA$137.88/day CA$- CA$- ▼ -1201 days
2012 1298 days CA$168.16K CA$129.51/day CA$- CA$- ▲ +386 days
2011 913 days CA$245.25K CA$268.65/day CA$- CA$- ▲ +911 days
2010 2 days CA$4.79K CA$2.78K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)