Trinitan Metals and Minerals (PURE) — Defensive Interval Ratio

Latest as of September 2024: 26 days

Trinitan Metals and Minerals (PURE) has a Defensive Interval Ratio of 26 days as of September 2024. Defensive assets of Rp59.10 Billion (cash Rp-, short-term investments Rp-, receivables Rp59.10 Billion) cover 26 days of daily cash needs of Rp2.26 Billion/day. Check tangible net worth ratio of Trinitan Metals and Minerals to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

26 days
Days of operational coverage

Defensive Assets

Rp59.10 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rp2.26 Billion
Current Liabilities ÷ 365

Current Liabilities

Rp826.54 Billion
IDR

Trinitan Metals and Minerals Defensive Interval Ratio (2016–2023)

This chart shows how Trinitan Metals and Minerals's Defensive Interval Ratio has evolved across 8 annual periods from 2016 to 2023. As of September 2024, the ratio stands at 26 days, meaning defensive assets of Rp59.10 Billion can fund 26 days of operations without new revenue. Also explore Trinitan Metals and Minerals equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Trinitan Metals and Minerals (2016–2023)

The table below presents the year-by-year Defensive Interval Ratio for Trinitan Metals and Minerals from 2016 to 2023, covering 8 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 market cap of Trinitan Metals and Minerals.

Year DIR (days) Defensive Assets (IDR) Daily Cash Need Cash ST Investments Change (days)
2023 7 days Rp14.36 Billion Rp2.14 Billion/day Rp- Rp- ▼ -1 days
2022 8 days Rp14.35 Billion Rp1.90 Billion/day Rp- Rp- ▲ +2 days
2021 5 days Rp9.42 Billion Rp1.73 Billion/day Rp- Rp- ▲ +5 days
2020 0 days Rp503.51 Million Rp1.63 Billion/day Rp- Rp- ▼ -29 days
2019 30 days Rp52.36 Billion Rp1.77 Billion/day Rp- Rp- ▼ -122 days
2018 152 days Rp213.30 Billion Rp1.40 Billion/day Rp- Rp- ▲ +123 days
2017 29 days Rp31.01 Billion Rp1.09 Billion/day Rp- Rp- ▼ -77 days
2016 106 days Rp58.90 Billion Rp555.95 Million/day Rp- Rp-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)