Thungela Resources Limited (TGA) — Defensive Interval Ratio

Latest as of December 2025: 191 days

Thungela Resources Limited (TGA) has a Defensive Interval Ratio of 191 days as of December 2025. Defensive assets of ZAC4.21 Billion (cash ZAC-, short-term investments ZAC66.00 Million, receivables ZAC4.14 Billion) cover 191 days of daily cash needs of ZAC22.02 Million/day.

Defensive Interval Ratio

191 days
Days of operational coverage

Defensive Assets

ZAC4.21 Billion
Cash + ST Investments + Receivables

Daily Cash Need

ZAC22.02 Million
Current Liabilities ÷ 365

Current Liabilities

ZAC8.04 Billion
ZAC

Thungela Resources Limited Defensive Interval Ratio (2017–2025)

This chart shows how Thungela Resources Limited's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of December 2025, the ratio stands at 191 days, meaning defensive assets of ZAC4.21 Billion can fund 191 days of operations without new revenue. For the complete balance sheet picture, see TGA asset base.

Annual Defensive Interval Ratio for Thungela Resources Limited (2017–2025)

The table below presents the year-by-year Defensive Interval Ratio for Thungela Resources Limited from 2017 to 2025, 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 Thungela Resources Limited (TGA) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (ZAC) Daily Cash Need Cash ST Investments Change (days)
2025 191 days ZAC4.21 Billion ZAC22.02 Million/day ZAC- ZAC66.00 Million ▼ -31 days
2024 222 days ZAC5.00 Billion ZAC22.46 Million/day ZAC- ZAC18.00 Million ▲ +136 days
2023 87 days ZAC2.06 Billion ZAC23.80 Million/day ZAC- ZAC24.00 Million ▼ -1179 days
2022 1265 days ZAC18.55 Billion ZAC14.65 Million/day ZAC15.30 Billion ZAC31.00 Million ▲ +259 days
2021 1006 days ZAC11.75 Billion ZAC11.67 Million/day ZAC8.74 Billion ZAC31.00 Million ▲ +785 days
2020 221 days ZAC3.59 Billion ZAC16.24 Million/day ZAC194.00 Million ZAC-78.00 Million ▼ -46 days
2019 267 days ZAC3.54 Billion ZAC13.23 Million/day ZAC104.00 Million ZAC-36.00 Million ▼ -19 days
2018 287 days ZAC3.73 Billion ZAC13.00 Million/day ZAC313.00 Million ZAC-38.00 Million ▲ +42 days
2017 245 days ZAC4.08 Billion ZAC16.62 Million/day ZAC- ZAC- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)