Quest PharmaTech Inc (QPT) — Defensive Interval Ratio

Latest as of July 2023: 77 days

Quest PharmaTech Inc (QPT) has a Defensive Interval Ratio of 77 days as of July 2023. Defensive assets of CA$219.38K (cash CA$-, short-term investments CA$-, receivables CA$219.38K) cover 77 days of daily cash needs of CA$2.83K/day. Explore QPT long-term investments to assets to see how much of total assets are deployed in long-term investments.

Defensive Interval Ratio

77 days
Days of operational coverage

Defensive Assets

CA$219.38K
Cash + ST Investments + Receivables

Daily Cash Need

CA$2.83K
Current Liabilities ÷ 365

Current Liabilities

CA$1.03 Million
CAD

Quest PharmaTech Inc Defensive Interval Ratio (1998–2023)

This chart shows how Quest PharmaTech Inc's Defensive Interval Ratio has evolved across 11 annual periods from 1998 to 2023. As of July 2023, the ratio stands at 77 days, meaning defensive assets of CA$219.38K can fund 77 days of operations without new revenue. Read debt load of Quest PharmaTech Inc for a breakdown of total debt and financial obligations.

Annual Defensive Interval Ratio for Quest PharmaTech Inc (1998–2023)

The table below presents the year-by-year Defensive Interval Ratio for Quest PharmaTech Inc from 1998 to 2023, covering 11 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 the complete balance sheet picture, see balance sheet size of Quest PharmaTech Inc.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 73 days CA$221.31K CA$3.03K/day CA$- CA$- ▲ +73 days
2022 0 days CA$320.00 CA$1.71K/day CA$- CA$- ▼ -32 days
2021 32 days CA$32.73K CA$1.03K/day CA$- CA$0.00 ▲ +26 days
2020 5 days CA$310.93K CA$57.14K/day CA$- CA$300.00K ▼ -107 days
2019 113 days CA$3.13 Million CA$27.79K/day CA$- CA$3.11 Million ▼ -287 days
2018 400 days CA$10.90 Million CA$27.26K/day CA$- CA$10.88 Million ▼ -3727 days
2017 4127 days CA$8.29 Million CA$2.01K/day CA$- CA$8.27 Million ▲ +4126 days
2016 1 days CA$30.89K CA$36.45K/day CA$- CA$- ▼ -3 days
2015 4 days CA$42.58K CA$10.39K/day CA$- CA$- ▼ -2 days
2014 6 days CA$39.19K CA$6.37K/day CA$- CA$- ▼ -538 days
1998 544 days CA$5.17K CA$9.50/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)