Western Investment Company of Canada Limited (WI) — Defensive Interval Ratio

Latest as of March 2025: 55 days

Western Investment Company of Canada Limited (WI) has a Defensive Interval Ratio of 55 days as of March 2025. Defensive assets of CA$6.00 Million (cash CA$-, short-term investments CA$5.88 Million, receivables CA$119.69K) cover 55 days of daily cash needs of CA$108.50K/day.

Defensive Interval Ratio

55 days
Days of operational coverage

Defensive Assets

CA$6.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$108.50K
Current Liabilities ÷ 365

Current Liabilities

CA$39.60 Million
CAD

Western Investment Company of Canada Limited Defensive Interval Ratio (2016–2024)

This chart shows how Western Investment Company of Canada Limited's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of March 2025, the ratio stands at 55 days, meaning defensive assets of CA$6.00 Million can fund 55 days of operations without new revenue. For the complete balance sheet picture, see WI current and non-current assets.

Annual Defensive Interval Ratio for Western Investment Company of Canada Limited (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Western Investment Company of Canada Limited from 2016 to 2024, covering 9 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 WI net working capital 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)
2024 58 days CA$5.79 Million CA$100.33K/day CA$- CA$5.74 Million ▲ +45 days
2023 13 days CA$12.69K CA$982.03/day CA$- CA$- ▲ +12 days
2022 1 days CA$371.00 CA$423.32/day CA$- CA$- ▼ -6 days
2021 7 days CA$22.22K CA$3.18K/day CA$- CA$- ▼ -11 days
2020 18 days CA$45.94K CA$2.53K/day CA$- CA$- ▼ -150 days
2019 168 days CA$623.39K CA$3.70K/day CA$- CA$- ▲ +136 days
2018 33 days CA$149.28K CA$4.59K/day CA$- CA$- ▼ -8 days
2017 40 days CA$87.26K CA$2.16K/day CA$- CA$- ▼ -278 days
2016 318 days CA$280.94K CA$883.21/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)