t42 IoT Tracking Solutions PLC (TRAC) — Defensive Interval Ratio

Latest as of December 2025: 62 days

t42 IoT Tracking Solutions PLC (TRAC) has a Defensive Interval Ratio of 62 days as of December 2025. Defensive assets of GBX673.24K (cash GBX-, short-term investments GBX-, receivables GBX673.24K) cover 62 days of daily cash needs of GBX10.90K/day. See t42 IoT Tracking Solutions PLC short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

62 days
Days of operational coverage

Defensive Assets

GBX673.24K
Cash + ST Investments + Receivables

Daily Cash Need

GBX10.90K
Current Liabilities ÷ 365

Current Liabilities

GBX3.98 Million
GBX

t42 IoT Tracking Solutions PLC Defensive Interval Ratio (2009–2025)

This chart shows how t42 IoT Tracking Solutions PLC's Defensive Interval Ratio has evolved across 17 annual periods from 2009 to 2025. As of December 2025, the ratio stands at 62 days, meaning defensive assets of GBX673.24K can fund 62 days of operations without new revenue. See t42 IoT Tracking Solutions PLC net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for t42 IoT Tracking Solutions PLC (2009–2025)

The table below presents the year-by-year Defensive Interval Ratio for t42 IoT Tracking Solutions PLC from 2009 to 2025, covering 17 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 TRAC market cap.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2025 62 days GBX673.24K GBX10.90K/day GBX- GBX- ▲ +19 days
2024 43 days GBX740.00K GBX17.19K/day GBX- GBX- ▼ -39 days
2023 82 days GBX919.00K GBX11.19K/day GBX- GBX- ▲ +24 days
2022 58 days GBX689.00K GBX11.88K/day GBX- GBX130.00K ▼ -27 days
2021 85 days GBX963.00K GBX11.39K/day GBX- GBX154.00K ▼ -49 days
2020 133 days GBX1.36 Million GBX10.18K/day GBX- GBX150.00K ▼ -104 days
2019 238 days GBX2.17 Million GBX9.11K/day GBX- GBX61.00K ▼ -8 days
2018 245 days GBX2.03 Million GBX8.28K/day GBX- GBX60.00K ▲ +20 days
2017 225 days GBX1.93 Million GBX8.56K/day GBX- GBX55.00K ▲ +15 days
2016 210 days GBX1.51 Million GBX7.19K/day GBX- GBX57.00K ▲ +1 days
2015 209 days GBX1.45 Million GBX6.94K/day GBX- GBX63.00K ▼ -24 days
2014 233 days GBX2.13 Million GBX9.15K/day GBX- GBX101.00K ▼ -55 days
2013 288 days GBX3.17 Million GBX11.01K/day GBX- GBX- ▲ +292 days
2012 -4 days GBX-48.00K GBX11.32K/day GBX- GBX- ▼ -3 days
2011 -1 days GBX-8.00K GBX6.43K/day GBX- GBX- ▼ -227 days
2010 225 days GBX1.27 Million GBX5.65K/day GBX- GBX- ▲ +251 days
2009 -26 days GBX-140.00K GBX5.38K/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)