Tantalus Systems Holding Inc (GRID) — Defensive Interval Ratio
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. Check Tantalus Systems Holding Inc 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
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. Also explore net asset growth rate of Tantalus Systems Holding Inc to track the company's year-over-year net asset growth rate.
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 value 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$- | — |