Tower Resources plc (TRP) — Defensive Interval Ratio

Latest as of June 2025: 210387 days

Tower Resources plc (TRP) has a Defensive Interval Ratio of 210387 days as of June 2025. Defensive assets of GBX1.89 Million (cash GBX-, short-term investments GBX-, receivables GBX1.89 Million) cover 210387 days of daily cash needs of GBX8.99/day. Check Tower Resources plc (TRP) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

210387 days
Days of operational coverage

Defensive Assets

GBX1.89 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX8.99
Current Liabilities ÷ 365

Current Liabilities

GBX3.28K
GBX

Tower Resources plc Defensive Interval Ratio (2016–2024)

This chart shows how Tower Resources plc's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 210387 days, meaning defensive assets of GBX1.89 Million can fund 210387 days of operations without new revenue. Also explore TRP year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Tower Resources plc (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Tower Resources plc from 2016 to 2024, 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. For live market cap and the full company financial profile, see TRP stock market capitalisation.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2024 5 days GBX15.60K GBX3.31K/day GBX- GBX- ▼ -96 days
2023 101 days GBX788.33K GBX7.79K/day GBX- GBX- ▲ +95 days
2022 6 days GBX52.75K GBX8.62K/day GBX- GBX- ▲ +5 days
2021 1 days GBX8.24K GBX6.44K/day GBX- GBX- ▲ +1 days
2020 1 days GBX8.80K GBX13.86K/day GBX- GBX- ▼ -7344 days
2019 7345 days GBX53.45K GBX7.28/day GBX- GBX- ▲ +573 days
2018 6772 days GBX23.98K GBX3.54/day GBX- GBX- ▼ -36203 days
2017 42975 days GBX123.97K GBX2.88/day GBX- GBX- ▼ -100320 days
2016 143295 days GBX544.19K GBX3.80/day GBX- GBX-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)