Reliq Health Technologies Inc (RHT) — Defensive Interval Ratio

Latest as of March 2023: 642 days

Reliq Health Technologies Inc (RHT) has a Defensive Interval Ratio of 642 days as of March 2023. Defensive assets of CA$15.41 Million (cash CA$-, short-term investments CA$100.00K, receivables CA$15.31 Million) cover 642 days of daily cash needs of CA$23.99K/day.

Defensive Interval Ratio

642 days
Days of operational coverage

Defensive Assets

CA$15.41 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$23.99K
Current Liabilities ÷ 365

Current Liabilities

CA$8.76 Million
CAD

Reliq Health Technologies Inc Defensive Interval Ratio (2006–2022)

This chart shows how Reliq Health Technologies Inc's Defensive Interval Ratio has evolved across 16 annual periods from 2006 to 2022. As of March 2023, the ratio stands at 642 days, meaning defensive assets of CA$15.41 Million can fund 642 days of operations without new revenue. For the complete balance sheet picture, see how large is Reliq Health Technologies Inc's balance sheet.

Annual Defensive Interval Ratio for Reliq Health Technologies Inc (2006–2022)

The table below presents the year-by-year Defensive Interval Ratio for Reliq Health Technologies Inc from 2006 to 2022, covering 16 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Reliq Health Technologies Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 635 days CA$6.46 Million CA$10.17K/day CA$- CA$100.00K ▲ +266 days
2021 369 days CA$2.26 Million CA$6.13K/day CA$- CA$100.00K ▲ +72 days
2020 297 days CA$1.15 Million CA$3.88K/day CA$- CA$123.00K ▲ +54 days
2019 243 days CA$731.84K CA$3.02K/day CA$- CA$123.00K ▲ +135 days
2018 108 days CA$157.41K CA$1.46K/day CA$- CA$123.00K ▲ +81 days
2017 27 days CA$50.91K CA$1.87K/day CA$- CA$16.50K ▼ -22 days
2016 50 days CA$167.00K CA$3.37K/day CA$- CA$16.50K ▼ -2 days
2015 52 days CA$93.14K CA$1.81K/day CA$- CA$- ▲ +26 days
2014 26 days CA$6.01K CA$234.35/day CA$- CA$- ▼ -410 days
2013 436 days CA$47.94K CA$110.02/day CA$- CA$- ▲ +365 days
2012 71 days CA$10.32K CA$144.92/day CA$- CA$- ▼ -199 days
2011 270 days CA$82.76K CA$306.69/day CA$- CA$- ▲ +195 days
2010 75 days CA$15.08K CA$200.66/day CA$- CA$- ▼ -71 days
2009 146 days CA$28.80K CA$197.21/day CA$- CA$- ▼ -12774 days
2008 12920 days CA$372.64K CA$28.84/day CA$- CA$362.50K ▲ +7384 days
2006 5537 days CA$66.55K CA$12.02/day CA$- CA$65.00K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)