Toughbuilt Industries Inc (TBLT) — Defensive Interval Ratio

Latest as of September 2024: 62 days

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. Check Toughbuilt Industries Inc (TBLT) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

62 days
Days of operational coverage

Defensive Assets

$10.24 Million
Cash + ST Investments + Receivables

Daily Cash Need

$164.72K
Current Liabilities ÷ 365

Current Liabilities

$60.12 Million
USD

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. Also explore Toughbuilt Industries Inc (TBLT) equity growth momentum to track the company's year-over-year net asset growth rate.

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 company net worth.

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 $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)