Cobalt Power Group Inc (PGP) — Defensive Interval Ratio

Latest as of January 2024: 17 days

Cobalt Power Group Inc (PGP) has a Defensive Interval Ratio of 17 days as of January 2024. Defensive assets of CA$7.66K (cash CA$-, short-term investments CA$-, receivables CA$7.66K) cover 17 days of daily cash needs of CA$450.09/day. Check Cobalt Power Group Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

17 days
Days of operational coverage

Defensive Assets

CA$7.66K
Cash + ST Investments + Receivables

Daily Cash Need

CA$450.09
Current Liabilities ÷ 365

Current Liabilities

CA$164.28K
CAD

Cobalt Power Group Inc Defensive Interval Ratio (2016–2024)

This chart shows how Cobalt Power Group Inc's Defensive Interval Ratio has evolved across 8 annual periods from 2016 to 2024. As of January 2024, the ratio stands at 17 days, meaning defensive assets of CA$7.66K can fund 17 days of operations without new revenue. Also explore Cobalt Power Group Inc annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Cobalt Power Group Inc (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Cobalt Power Group Inc from 2016 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 PGP market cap.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 17 days CA$7.66K CA$450.09/day CA$- CA$- ▼ -102 days
2023 119 days CA$23.35K CA$196.39/day CA$- CA$- ▼ -55 days
2022 174 days CA$38.23K CA$219.85/day CA$- CA$- ▲ +161 days
2021 13 days CA$5.60K CA$430.19/day CA$- CA$- ▼ -40 days
2020 53 days CA$31.01K CA$586.75/day CA$- CA$- ▼ -132 days
2019 185 days CA$181.81K CA$982.52/day CA$- CA$- ▼ -142 days
2017 327 days CA$24.19K CA$73.88/day CA$- CA$- ▲ +10 days
2016 318 days CA$13.07K CA$41.13/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)