Technology Minerals PLC (TM1) — Defensive Interval Ratio
Technology Minerals PLC (TM1) has a Defensive Interval Ratio of 2 days as of December 2024. Defensive assets of GBX26.00K (cash GBX-, short-term investments GBX-, receivables GBX26.00K) cover 2 days of daily cash needs of GBX15.73K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Technology Minerals PLC Defensive Interval Ratio (2021–2024)
This chart shows how Technology Minerals PLC's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of December 2024, the ratio stands at 2 days, meaning defensive assets of GBX26.00K can fund 2 days of operations without new revenue. For the complete balance sheet picture, see Technology Minerals PLC balance sheet assets.
Annual Defensive Interval Ratio for Technology Minerals PLC (2021–2024)
The table below presents the year-by-year Defensive Interval Ratio for Technology Minerals PLC from 2021 to 2024, covering 4 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 TM1 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (GBX) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 31 days | GBX395.00K | GBX12.69K/day | GBX- | GBX- | ▲ +5441 days |
| 2023 | -5410 days | GBX-6.49 Million | GBX1.20K/day | GBX- | GBX-6.49 Million | ▼ -2791 days |
| 2022 | -2619 days | GBX-4.47 Million | GBX1.71K/day | GBX- | GBX-4.54 Million | ▼ -2881 days |
| 2021 | 262 days | GBX385.00K | GBX1.47K/day | GBX- | GBX- | — |