Sparx Technology Inc Defensive Interval Ratio
Sparx Technology Inc defensive interval ratio. Sparx Technology Inc (SPRX) has a Defensive Interval Ratio of 13 days as of December 2023. Defensive assets of CA$24.64K (cash CA$-, short-term investments CA$-, receivables CA$24.64K) cover 13 days of daily cash needs of CA$1.95K/day. See SPRX current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Sparx Technology Inc (2020–2023)
Defensive interval ratio of Sparx Technology Inc from 2020 to 2023. This chart shows how Sparx Technology Inc's Defensive Interval Ratio has evolved across 4 annual periods from 2020 to 2023. As of December 2023, the ratio stands at 13 days, meaning defensive assets of CA$24.64K can fund 13 days of operations without new revenue. Read Sparx Technology Inc total liabilities for a breakdown of total debt and financial obligations.
Sparx Technology Inc Defensive Interval Ratio by Year (2020–2023)
Sparx Technology Inc defensive interval ratio by year from 2020 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Sparx Technology Inc from 2020 to 2023, covering 4 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 Sparx Technology Inc asset portfolio.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 4 days | CA$9.63K | CA$2.29K/day | CA$- | CA$- | ▼ -69 days |
| 2022 | 74 days | CA$104.83K | CA$1.42K/day | CA$- | CA$- | ▲ +53 days |
| 2021 | 21 days | CA$84.64K | CA$4.11K/day | CA$- | CA$- | ▲ +20 days |
| 2020 | 1 days | CA$14.43K | CA$15.38K/day | CA$- | CA$- | — |