Tantalus Systems Holding Inc (GRID) — Defensive Interval Ratio

Latest as of September 2025: 171 days

Tantalus Systems Holding Inc (GRID) has a Defensive Interval Ratio of 171 days as of September 2025. Defensive assets of CA$10.53 Million (cash CA$-, short-term investments CA$-, receivables CA$10.53 Million) cover 171 days of daily cash needs of CA$61.73K/day. See Tantalus Systems Holding Inc (GRID) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

171 days
Days of operational coverage

Defensive Assets

CA$10.53 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$61.73K
Current Liabilities ÷ 365

Current Liabilities

CA$22.53 Million
CAD

Tantalus Systems Holding Inc Defensive Interval Ratio (2018–2024)

This chart shows how Tantalus Systems Holding Inc's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 171 days, meaning defensive assets of CA$10.53 Million can fund 171 days of operations without new revenue. See GRID net asset quality score to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Tantalus Systems Holding Inc (2018–2024)

The table below presents the year-by-year Defensive Interval Ratio for Tantalus Systems Holding Inc from 2018 to 2024, covering 7 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 market cap of Tantalus Systems Holding Inc.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 132 days CA$10.01 Million CA$76.00K/day CA$- CA$- ▲ +26 days
2023 105 days CA$7.87 Million CA$74.71K/day CA$- CA$- ▼ -17 days
2022 122 days CA$9.04 Million CA$74.08K/day CA$- CA$- ▲ +29 days
2021 93 days CA$5.34 Million CA$57.41K/day CA$- CA$- ▼ -53 days
2020 146 days CA$10.10 Million CA$69.19K/day CA$- CA$- ▲ +51 days
2019 95 days CA$5.78 Million CA$60.54K/day CA$- CA$- ▼ -23 days
2018 118 days CA$7.19 Million CA$60.80K/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)