Trendline (TREN) — Defensive Interval Ratio

Latest as of June 2022: 197 days

Trendline (TREN) has a Defensive Interval Ratio of 197 days as of June 2022. Defensive assets of ILA13.07 Million (cash ILA-, short-term investments ILA-, receivables ILA13.07 Million) cover 197 days of daily cash needs of ILA66.52K/day. Check tangible equity quality of Trendline to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

197 days
Days of operational coverage

Defensive Assets

ILA13.07 Million
Cash + ST Investments + Receivables

Daily Cash Need

ILA66.52K
Current Liabilities ÷ 365

Current Liabilities

ILA24.28 Million
ILA

Trendline Defensive Interval Ratio (2003–2021)

This chart shows how Trendline's Defensive Interval Ratio has evolved across 19 annual periods from 2003 to 2021. As of June 2022, the ratio stands at 197 days, meaning defensive assets of ILA13.07 Million can fund 197 days of operations without new revenue. Also explore net asset growth rate of Trendline to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Trendline (2003–2021)

The table below presents the year-by-year Defensive Interval Ratio for Trendline from 2003 to 2021, covering 19 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 Trendline worth.

Year DIR (days) Defensive Assets (ILA) Daily Cash Need Cash ST Investments Change (days)
2021 212 days ILA13.52 Million ILA63.61K/day ILA- ILA- ▲ +19 days
2020 194 days ILA12.47 Million ILA64.30K/day ILA- ILA- ▼ -24 days
2019 218 days ILA14.47 Million ILA66.51K/day ILA- ILA- ▼ -112 days
2018 329 days ILA26.84 Million ILA81.57K/day ILA- ILA- ▲ +41 days
2017 288 days ILA20.91 Million ILA72.67K/day ILA- ILA5.37 Million ▼ -75 days
2016 362 days ILA31.67 Million ILA87.41K/day ILA- ILA11.89 Million ▼ -83 days
2015 446 days ILA36.70 Million ILA82.37K/day ILA- ILA20.08 Million ▼ -98 days
2014 544 days ILA48.88 Million ILA89.84K/day ILA- ILA27.46 Million ▼ -11 days
2013 555 days ILA49.59 Million ILA89.42K/day ILA- ILA27.21 Million ▼ -12 days
2012 567 days ILA51.08 Million ILA90.17K/day ILA- ILA30.48 Million ▼ -32 days
2011 599 days ILA49.70 Million ILA82.99K/day ILA- ILA29.30 Million ▼ -222 days
2010 821 days ILA50.92 Million ILA62.05K/day ILA- ILA34.15 Million ▲ +300 days
2009 520 days ILA25.08 Million ILA48.20K/day ILA- ILA9.00 Million ▼ -279 days
2008 799 days ILA32.59 Million ILA40.79K/day ILA- ILA15.54 Million ▲ +318 days
2007 481 days ILA22.06 Million ILA45.84K/day ILA- ILA6.82 Million ▼ -198 days
2006 680 days ILA28.11 Million ILA41.37K/day ILA- ILA13.22 Million ▼ -210 days
2005 889 days ILA26.24 Million ILA29.50K/day ILA- ILA15.37 Million ▲ +40 days
2004 849 days ILA24.35 Million ILA28.68K/day ILA- ILA14.92 Million ▲ +107 days
2003 742 days ILA18.82 Million ILA25.38K/day ILA- ILA11.11 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)