Target Hospitality Corp (TH) — Defensive Interval Ratio
Target Hospitality Corp (TH) has a Defensive Interval Ratio of 189 days as of September 2025. Defensive assets of $42.73 Million (cash $-, short-term investments $-, receivables $42.73 Million) cover 189 days of daily cash needs of $225.81K/day. Check TH tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Target Hospitality Corp Defensive Interval Ratio (2016–2024)
This chart shows how Target Hospitality Corp's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 189 days, meaning defensive assets of $42.73 Million can fund 189 days of operations without new revenue. Also explore net asset momentum of Target Hospitality Corp to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Target Hospitality Corp (2016–2024)
The table below presents the year-by-year Defensive Interval Ratio for Target Hospitality Corp 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 Target Hospitality Corp (TH) total market value.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (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 | $- | $- | — |