Tullow Oil PLC (TLW) — Defensive Interval Ratio
Tullow Oil PLC (TLW) has a Defensive Interval Ratio of 103 days as of December 2025. Defensive assets of GBX583.90 Million (cash GBX-, short-term investments GBX-, receivables GBX583.90 Million) cover 103 days of daily cash needs of GBX5.65 Million/day. See TLW current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Tullow Oil PLC Defensive Interval Ratio (1987–2025)
This chart shows how Tullow Oil PLC's Defensive Interval Ratio has evolved across 34 annual periods from 1987 to 2025. As of December 2025, the ratio stands at 103 days, meaning defensive assets of GBX583.90 Million can fund 103 days of operations without new revenue. See Tullow Oil PLC balance sheet quality to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Tullow Oil PLC (1987–2025)
The table below presents the year-by-year Defensive Interval Ratio for Tullow Oil PLC from 1987 to 2025, covering 34 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 TLW market cap overview.
| Year | DIR (days) | Defensive Assets (GBX) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 103 days | GBX583.90 Million | GBX5.65 Million/day | GBX- | GBX- | ▼ -13 days |
| 2024 | 116 days | GBX488.10 Million | GBX4.21 Million/day | GBX- | GBX- | ▲ +102 days |
| 2023 | 14 days | GBX48.00 Million | GBX3.36 Million/day | GBX- | GBX4.50 Million | ▲ +7 days |
| 2022 | 7 days | GBX26.80 Million | GBX3.62 Million/day | GBX- | GBX- | ▼ -170 days |
| 2021 | 178 days | GBX654.50 Million | GBX3.68 Million/day | GBX- | GBX- | ▲ +97 days |
| 2020 | 80 days | GBX970.80 Million | GBX12.08 Million/day | GBX- | GBX- | ▼ -135 days |
| 2019 | 215 days | GBX868.50 Million | GBX4.04 Million/day | GBX- | GBX- | ▲ +11 days |
| 2018 | 204 days | GBX830.20 Million | GBX4.08 Million/day | GBX- | GBX- | ▲ +4 days |
| 2017 | 200 days | GBX741.00 Million | GBX3.71 Million/day | GBX- | GBX1.80 Million | ▲ +29 days |
| 2016 | 171 days | GBX770.50 Million | GBX4.52 Million/day | GBX- | GBX91.70 Million | ▲ +58 days |
| 2015 | 112 days | GBX487.30 Million | GBX4.33 Million/day | GBX- | GBX406.50 Million | ▲ +12 days |
| 2014 | 100 days | GBX368.60 Million | GBX3.67 Million/day | GBX- | GBX280.80 Million | ▼ -148 days |
| 2013 | 249 days | GBX976.60 Million | GBX3.92 Million/day | GBX- | GBX-57.40 Million | ▼ -749 days |
| 2012 | 998 days | GBX3.36 Billion | GBX3.37 Million/day | GBX- | GBX2.98 Billion | ▲ +870 days |
| 2011 | 128 days | GBX538.30 Million | GBX4.20 Million/day | GBX- | GBX- | ▲ +89 days |
| 2010 | 39 days | GBX159.90 Million | GBX4.07 Million/day | GBX- | GBX1.00 Million | ▲ +8 days |
| 2009 | 31 days | GBX54.06 Million | GBX1.76 Million/day | GBX- | GBX2.26 Million | ▼ -31 days |
| 2008 | 62 days | GBX160.06 Million | GBX2.59 Million/day | GBX- | GBX29.29 Million | ▼ -59 days |
| 2007 | 121 days | GBX204.83 Million | GBX1.69 Million/day | GBX- | GBX0.00 | ▲ +47 days |
| 2006 | 74 days | GBX209.12 Million | GBX2.81 Million/day | GBX- | GBX31.47 Million | ▼ -67 days |
| 2005 | 142 days | GBX157.10 Million | GBX1.11 Million/day | GBX- | GBX0.00 | ▼ -14 days |
| 2004 | 156 days | GBX99.41 Million | GBX637.30K/day | GBX- | GBX0.00 | ▲ +6 days |
| 2003 | 149 days | GBX44.40 Million | GBX297.05K/day | GBX- | GBX0.00 | ▼ -7 days |
| 2002 | 156 days | GBX36.95 Million | GBX236.27K/day | GBX- | GBX0.00 | ▲ +26 days |
| 2001 | 130 days | GBX30.35 Million | GBX233.36K/day | GBX- | GBX0.00 | ▼ -120 days |
| 2000 | 250 days | GBX9.65 Million | GBX38.57K/day | GBX- | GBX- | ▲ +197 days |
| 1999 | 54 days | GBX4.71 Million | GBX87.98K/day | GBX- | GBX- | ▲ +17 days |
| 1994 | 37 days | GBX911.46K | GBX24.84K/day | GBX- | GBX- | ▲ +18 days |
| 1992 | 19 days | GBX154.70K | GBX8.07K/day | GBX- | GBX- | ▼ -403 days |
| 1991 | 422 days | GBX2.55 Million | GBX6.03K/day | GBX- | GBX- | ▲ +100 days |
| 1990 | 322 days | GBX2.13 Million | GBX6.61K/day | GBX- | GBX- | ▲ +112 days |
| 1989 | 211 days | GBX2.60 Million | GBX12.33K/day | GBX- | GBX- | ▲ +35 days |
| 1988 | 176 days | GBX3.88 Million | GBX22.06K/day | GBX- | GBX- | ▼ -241 days |
| 1987 | 417 days | GBX1.84 Million | GBX4.42K/day | GBX- | GBX786.91K | — |