Toughbuilt Industries Inc (TBLT) — Defensive Interval Ratio
Toughbuilt Industries Inc (TBLT) has a Defensive Interval Ratio of 62 days as of September 2024. Defensive assets of $10.24 Million (cash $-, short-term investments $-, receivables $10.24 Million) cover 62 days of daily cash needs of $164.72K/day. See Toughbuilt Industries Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Toughbuilt Industries Inc Defensive Interval Ratio (2014–2024)
This chart shows how Toughbuilt Industries Inc's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2024, the ratio stands at 62 days, meaning defensive assets of $10.24 Million can fund 62 days of operations without new revenue. See net asset quality index of Toughbuilt Industries Inc to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Toughbuilt Industries Inc (2014–2024)
The table below presents the year-by-year Defensive Interval Ratio for Toughbuilt Industries Inc from 2014 to 2024, covering 11 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 TBLT stock market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 62 days | $10.24 Million | $164.72K/day | $- | $- | ▲ +0 days |
| 2023 | 62 days | $10.24 Million | $164.72K/day | $- | $- | ▼ -59 days |
| 2022 | 121 days | $16.81 Million | $138.99K/day | $- | $- | ▼ -194 days |
| 2021 | 315 days | $18.18 Million | $57.69K/day | $- | $- | ▼ -231 days |
| 2020 | 546 days | $12.18 Million | $22.31K/day | $- | $- | ▲ +207 days |
| 2019 | 339 days | $6.73 Million | $19.84K/day | $- | $- | ▲ +306 days |
| 2018 | 33 days | $2.53 Million | $76.19K/day | $- | $0.00 | ▼ -29 days |
| 2017 | 62 days | $1.82 Million | $29.21K/day | $- | $0.00 | ▼ -190 days |
| 2016 | 252 days | $1.41 Million | $5.60K/day | $- | $0.00 | ▲ +31 days |
| 2015 | 221 days | $1.18 Million | $5.36K/day | $- | $0.00 | ▲ +24 days |
| 2014 | 197 days | $1.12 Million | $5.67K/day | $- | $- | — |