True North Copper Ltd Defensive Interval Ratio
True North Copper Ltd defensive interval ratio. True North Copper Ltd (TNC) has a Defensive Interval Ratio of 556 days as of December 2025. Defensive assets of AU$12.74 Million (cash AU$6.38 Million, short-term investments AU$6.00 Million, receivables AU$357.00K) cover 556 days of daily cash needs of AU$22.91K/day. See True North Copper Ltd current assets vs equity 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 True North Copper Ltd (2019–2025)
Defensive interval ratio of True North Copper Ltd from 2019 to 2025. This chart shows how True North Copper Ltd's Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2025. As of December 2025, the ratio stands at 556 days, meaning defensive assets of AU$12.74 Million can fund 556 days of operations without new revenue. Check TNC asset resilience ratio to evaluate the company's liquid asset resilience ratio.
True North Copper Ltd Defensive Interval Ratio by Year (2019–2025)
True North Copper Ltd defensive interval ratio by year from 2019 to 2025. The table below presents the year-by-year Defensive Interval Ratio for True North Copper Ltd from 2019 to 2025, covering 7 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 True North Copper Ltd balance sheet assets.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 91 days | AU$440.00K | AU$4.84K/day | AU$- | AU$- | ▲ +81 days |
| 2024 | 10 days | AU$750.73K | AU$73.09K/day | AU$- | AU$- | ▼ -107 days |
| 2023 | 117 days | AU$5.35 Million | AU$45.54K/day | AU$3.49 Million | AU$- | ▼ -52 days |
| 2022 | 169 days | AU$369.46K | AU$2.19K/day | AU$53.44K | AU$- | ▼ -1761 days |
| 2021 | 1930 days | AU$6.09 Million | AU$3.15K/day | AU$3.00 Million | AU$10.00K | ▲ +1892 days |
| 2020 | 38 days | AU$36.16K | AU$961.36/day | AU$- | AU$10.00K | ▼ -23 days |
| 2019 | 60 days | AU$20.91K | AU$346.62/day | AU$- | AU$- | — |