Talga Group Ltd (TGX) — Defensive Interval Ratio

Latest as of June 2024: 5 days

Talga Group Ltd (TGX) has a Defensive Interval Ratio of 5 days as of June 2024. Defensive assets of €70.07K (cash €-, short-term investments €-, receivables €70.07K) cover 5 days of daily cash needs of €13.78K/day. See Talga Group Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

5 days
Days of operational coverage

Defensive Assets

€70.07K
Cash + ST Investments + Receivables

Daily Cash Need

€13.78K
Current Liabilities ÷ 365

Current Liabilities

€5.03 Million
EUR

Talga Group Ltd Defensive Interval Ratio (2014–2024)

This chart shows how Talga Group Ltd's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of June 2024, the ratio stands at 5 days, meaning defensive assets of €70.07K can fund 5 days of operations without new revenue. See TGX equity to assets ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Talga Group Ltd (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Talga Group Ltd from 2014 to 2024, covering 11 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 Talga Group Ltd stock valuation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 5 days €70.07K €13.78K/day €- €- ▼ -68 days
2023 73 days €1.31 Million €18.08K/day €- €- ▲ +56 days
2022 16 days €238.97K €14.75K/day €- €- ▼ -127 days
2021 143 days €2.25 Million €15.76K/day €- €585.00K ▲ +79 days
2020 63 days €273.22K €4.31K/day €- €- ▼ -67 days
2019 130 days €769.60K €5.92K/day €- €- ▲ +47 days
2018 83 days €324.34K €3.91K/day €- €- ▼ -303 days
2017 386 days €784.39K €2.03K/day €- €629.00K ▲ +245 days
2016 141 days €223.51K €1.59K/day €- €- ▲ +67 days
2015 74 days €159.86K €2.16K/day €- €- ▲ +35 days
2014 39 days €21.82K €557.29/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)