Sparx Technology Inc (SPRX) — 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. Check Sparx Technology Inc (SPRX) tangible net worth to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Sparx Technology Inc Defensive Interval Ratio (2020–2023)
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. Also explore Sparx Technology Inc (SPRX) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Sparx Technology Inc (2020–2023)
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 live market cap and the full company financial profile, see SPRX stock market capitalisation.
| 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$- | — |