Thunderbird Resources Ltd (THB) — Defensive Interval Ratio

Latest as of December 2023: 121 days

Thunderbird Resources Ltd (THB) has a Defensive Interval Ratio of 121 days as of December 2023. Defensive assets of AU$242.31K (cash AU$-, short-term investments AU$-, receivables AU$242.31K) cover 121 days of daily cash needs of AU$2.01K/day. See Thunderbird Resources Ltd (THB) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

121 days
Days of operational coverage

Defensive Assets

AU$242.31K
Cash + ST Investments + Receivables

Daily Cash Need

AU$2.01K
Current Liabilities ÷ 365

Current Liabilities

AU$732.01K
AUD

Thunderbird Resources Ltd Defensive Interval Ratio (1997–2023)

This chart shows how Thunderbird Resources Ltd's Defensive Interval Ratio has evolved across 25 annual periods from 1997 to 2023. As of December 2023, the ratio stands at 121 days, meaning defensive assets of AU$242.31K can fund 121 days of operations without new revenue. See Thunderbird Resources Ltd (THB) net asset quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Thunderbird Resources Ltd (1997–2023)

The table below presents the year-by-year Defensive Interval Ratio for Thunderbird Resources Ltd from 1997 to 2023, covering 25 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 Thunderbird Resources Ltd market cap and net worth.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2023 181 days AU$433.52K AU$2.40K/day AU$- AU$- ▼ -49 days
2022 230 days AU$327.98K AU$1.43K/day AU$- AU$- ▼ -1119 days
2021 1348 days AU$597.63K AU$443.18/day AU$557.84K AU$- ▲ +1332 days
2020 17 days AU$684.77K AU$40.62K/day AU$624.97K AU$- ▼ -158 days
2019 174 days AU$1.23 Million AU$7.03K/day AU$1.17 Million AU$- ▲ +32 days
2018 143 days AU$457.16K AU$3.20K/day AU$391.56K AU$- ▼ -972 days
2017 1115 days AU$1.95 Million AU$1.75K/day AU$1.95 Million AU$- ▲ +1067 days
2016 47 days AU$135.76K AU$2.87K/day AU$69.53K AU$- ▲ +35 days
2015 12 days AU$26.79K AU$2.24K/day AU$- AU$- ▼ -3 days
2014 15 days AU$9.91K AU$670.00/day AU$- AU$- ▼ -133 days
2013 148 days AU$65.62K AU$443.67/day AU$- AU$- ▲ +131 days
2012 17 days AU$72.59K AU$4.23K/day AU$- AU$- ▼ -27 days
2011 44 days AU$52.33K AU$1.19K/day AU$- AU$- ▼ -50 days
2010 94 days AU$20.04K AU$213.50/day AU$- AU$- ▲ +56 days
2007 38 days AU$15.82 Million AU$414.25K/day AU$- AU$- ▲ +36 days
2006 2 days AU$656.45K AU$277.17K/day AU$- AU$- ▼ -18 days
2005 20 days AU$428.50K AU$20.92K/day AU$- AU$- ▼ -498 days
2004 518 days AU$400.33K AU$772.68/day AU$- AU$- ▲ +512 days
2003 6 days AU$81.77K AU$12.76K/day AU$- AU$- ▼ -65 days
2002 72 days AU$119.05K AU$1.66K/day AU$- AU$- ▲ +2 days
2001 69 days AU$31.04K AU$447.57/day AU$- AU$- ▲ +62 days
2000 7 days AU$24.32K AU$3.42K/day AU$- AU$- ▲ +1 days
1999 6 days AU$10.61K AU$1.74K/day AU$- AU$- ▼ -87 days
1998 93 days AU$62.95K AU$673.76/day AU$- AU$- ▲ +83 days
1997 11 days AU$27.48K AU$2.56K/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)