Target Hospitality Corp (TH) — Defensive Interval Ratio
Target Hospitality Corp (TH) has a Defensive Interval Ratio of 241 days as of March 2026. Defensive assets of $45.63 Million (cash $-, short-term investments $-, receivables $45.63 Million) cover 241 days of daily cash needs of $189.66K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Target Hospitality Corp Defensive Interval Ratio (2016–2025)
This chart shows how Target Hospitality Corp's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 241 days, meaning defensive assets of $45.63 Million can fund 241 days of operations without new revenue. For the complete balance sheet picture, see total assets of Target Hospitality Corp.
Annual Defensive Interval Ratio for Target Hospitality Corp (2016–2025)
The table below presents the year-by-year Defensive Interval Ratio for Target Hospitality Corp from 2016 to 2025, covering 10 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 Target Hospitality Corp working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 244 days | $56.20 Million | $230.25K/day | $- | $- | ▲ +167 days |
| 2024 | 77 days | $49.34 Million | $639.46K/day | $- | $- | ▼ -281 days |
| 2023 | 358 days | $68.99 Million | $192.68K/day | $- | $1.90 Million | ▲ +274 days |
| 2022 | 84 days | $44.05 Million | $523.00K/day | $- | $1.90 Million | ▼ -69 days |
| 2021 | 153 days | $30.58 Million | $199.44K/day | $- | $1.80 Million | ▼ -86 days |
| 2020 | 240 days | $29.88 Million | $124.75K/day | $- | $1.70 Million | ▼ -51 days |
| 2019 | 290 days | $48.48 Million | $166.91K/day | $- | $- | ▼ -1890 days |
| 2018 | 2181 days | $389.21 Million | $178.49K/day | $- | $330.38 Million | ▼ -31776 days |
| 2017 | 33956 days | $21.02 Million | $618.89/day | $- | $- | ▲ +33867 days |
| 2016 | 89 days | $9.84 Million | $110.81K/day | $- | $- | — |