Tecnoglass Inc (TGLS) — Defensive Interval Ratio
Tecnoglass Inc (TGLS) has a Defensive Interval Ratio of 268 days as of March 2026. Defensive assets of $298.84 Million (cash $-, short-term investments $3.24 Million, receivables $295.60 Million) cover 268 days of daily cash needs of $1.11 Million/day. See TGLS current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Tecnoglass Inc Defensive Interval Ratio (2011–2025)
This chart shows how Tecnoglass Inc's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 268 days, meaning defensive assets of $298.84 Million can fund 268 days of operations without new revenue. See TGLS equity to assets ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Tecnoglass Inc (2011–2025)
The table below presents the year-by-year Defensive Interval Ratio for Tecnoglass Inc from 2011 to 2025, covering 15 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 how much is Tecnoglass Inc worth.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 292 days | $280.92 Million | $963.69K/day | $- | $3.15 Million | ▼ -30 days |
| 2024 | 321 days | $234.08 Million | $728.29K/day | $- | $2.65 Million | ▲ +21 days |
| 2023 | 300 days | $194.13 Million | $646.26K/day | $- | $2.91 Million | ▼ -6 days |
| 2022 | 307 days | $176.25 Million | $574.80K/day | $- | $2.05 Million | ▼ -11 days |
| 2021 | 317 days | $134.74 Million | $424.70K/day | $- | $1.98 Million | ▼ -171 days |
| 2020 | 488 days | $125.69 Million | $257.69K/day | $- | $2.39 Million | ▲ +21 days |
| 2019 | 467 days | $165.08 Million | $353.45K/day | $- | $2.30 Million | ▲ +26 days |
| 2018 | 441 days | $148.21 Million | $335.88K/day | $- | $1.16 Million | ▲ +49 days |
| 2017 | 393 days | $130.64 Million | $332.74K/day | $- | $1.68 Million | ▼ -126 days |
| 2016 | 518 days | $111.45 Million | $214.97K/day | $- | $1.54 Million | ▲ +329 days |
| 2015 | 190 days | $91.07 Million | $479.58K/day | $- | $1.47 Million | ▼ -76 days |
| 2014 | 266 days | $82.42 Million | $309.69K/day | $- | $1.21 Million | ▼ -145 days |
| 2013 | 411 days | $122.26 Million | $297.25K/day | $- | $1.35 Million | ▲ +45 days |
| 2012 | 366 days | $56.82 Million | $155.07K/day | $- | $2.67 Million | ▼ -129601 days |
| 2011 | 129968 days | $54.15 Million | $416.61/day | $- | $- | — |