TG Metals Ltd Defensive Interval Ratio
TG Metals Ltd defensive interval ratio. TG Metals Ltd (TG6) has a Defensive Interval Ratio of 112 days as of June 2024. Defensive assets of AU$302.17K (cash AU$-, short-term investments AU$-, receivables AU$302.17K) cover 112 days of daily cash needs of AU$2.69K/day. See working capital to net assets of TG Metals Ltd 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 TG Metals Ltd (2021–2023)
Defensive interval ratio of TG Metals Ltd from 2021 to 2023. This chart shows how TG Metals Ltd's Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of June 2024, the ratio stands at 112 days, meaning defensive assets of AU$302.17K can fund 112 days of operations without new revenue. Read total liabilities of TG Metals Ltd for a breakdown of total debt and financial obligations.
TG Metals Ltd Defensive Interval Ratio by Year (2021–2023)
TG Metals Ltd defensive interval ratio by year from 2021 to 2023. The table below presents the year-by-year Defensive Interval Ratio for TG Metals Ltd from 2021 to 2023, covering 3 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 total assets of TG Metals Ltd.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 112 days | AU$302.17K | AU$2.69K/day | AU$- | AU$- | ▲ +50 days |
| 2022 | 63 days | AU$29.67K | AU$473.54/day | AU$- | AU$- | ▼ -44 days |
| 2021 | 107 days | AU$28.74K | AU$268.71/day | AU$- | AU$- | — |