Terra Metals Ltd (TM1) — Defensive Interval Ratio
Terra Metals Ltd (TM1) has a Defensive Interval Ratio of 123 days as of December 2023. Defensive assets of AU$235.41K (cash AU$-, short-term investments AU$-, receivables AU$235.41K) cover 123 days of daily cash needs of AU$1.91K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Terra Metals Ltd Defensive Interval Ratio (2015–2023)
This chart shows how Terra Metals Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2015 to 2023. As of December 2023, the ratio stands at 123 days, meaning defensive assets of AU$235.41K can fund 123 days of operations without new revenue. For the complete balance sheet picture, see Terra Metals Ltd balance sheet assets.
Annual Defensive Interval Ratio for Terra Metals Ltd (2015–2023)
The table below presents the year-by-year Defensive Interval Ratio for Terra Metals Ltd from 2015 to 2023, 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 TM1 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 975 days | AU$107.76K | AU$110.49/day | AU$- | AU$- | ▲ +957 days |
| 2022 | 18 days | AU$41.46K | AU$2.31K/day | AU$- | AU$- | ▲ +18 days |
| 2021 | 0 days | AU$12.21K | AU$172.19K/day | AU$- | AU$- | ▲ +0 days |
| 2020 | 0 days | AU$5.73K | AU$274.30K/day | AU$- | AU$- | ▼ -32 days |
| 2019 | 32 days | AU$834.00K | AU$26.01K/day | AU$- | AU$- | ▲ +30 days |
| 2018 | 3 days | AU$68.00K | AU$27.16K/day | AU$- | AU$- | ▼ -16 days |
| 2017 | 18 days | AU$232.00K | AU$12.61K/day | AU$- | AU$0.00 | ▲ +15 days |
| 2016 | 3 days | AU$14.82K | AU$4.63K/day | AU$- | AU$5.02K | ▼ -3 days |
| 2015 | 6 days | AU$20.11K | AU$3.28K/day | AU$- | AU$5.01K | — |