Tucows Inc. (TC) — Defensive Interval Ratio

Latest as of March 2026: 31 days

Tucows Inc. (TC) has a Defensive Interval Ratio of 31 days as of March 2026. Defensive assets of CA$28.35 Million (cash CA$-, short-term investments CA$-, receivables CA$28.35 Million) cover 31 days of daily cash needs of CA$921.19K/day.

Defensive Interval Ratio

31 days
Days of operational coverage

Defensive Assets

CA$28.35 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$921.19K
Current Liabilities ÷ 365

Current Liabilities

CA$336.24 Million
CAD

Tucows Inc. Defensive Interval Ratio (1996–2025)

This chart shows how Tucows Inc.'s Defensive Interval Ratio has evolved across 30 annual periods from 1996 to 2025. As of March 2026, the ratio stands at 31 days, meaning defensive assets of CA$28.35 Million can fund 31 days of operations without new revenue. For the complete balance sheet picture, see TC total asset value.

Annual Defensive Interval Ratio for Tucows Inc. (1996–2025)

The table below presents the year-by-year Defensive Interval Ratio for Tucows Inc. from 1996 to 2025, covering 30 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Tucows Inc. current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 27 days CA$24.60 Million CA$905.28K/day CA$- CA$- ▼ -11 days
2024 39 days CA$21.09 Million CA$547.54K/day CA$- CA$- ▼ -4 days
2023 43 days CA$23.62 Million CA$551.62K/day CA$- CA$- ▼ -3 days
2022 46 days CA$23.56 Million CA$515.59K/day CA$- CA$- ▲ +6 days
2021 40 days CA$18.83 Million CA$475.84K/day CA$- CA$- ▲ +5 days
2020 35 days CA$15.54 Million CA$446.48K/day CA$- CA$- ▲ +1 days
2019 34 days CA$14.56 Million CA$429.88K/day CA$- CA$- ▲ +7 days
2018 27 days CA$12.26 Million CA$453.01K/day CA$- CA$- ▼ -4 days
2017 31 days CA$15.38 Million CA$489.21K/day CA$- CA$- ▼ -16 days
2016 47 days CA$10.93 Million CA$231.31K/day CA$- CA$- ▲ +14 days
2015 33 days CA$7.17 Million CA$214.41K/day CA$- CA$- ▼ -2 days
2014 36 days CA$6.79 Million CA$190.50K/day CA$- CA$- ▲ +9 days
2013 26 days CA$5.31 Million CA$201.22K/day CA$- CA$- ▼ -5 days
2012 32 days CA$6.14 Million CA$193.94K/day CA$- CA$- ▲ +4 days
2011 27 days CA$4.75 Million CA$173.27K/day CA$- CA$- ▲ +4 days
2010 24 days CA$3.64 Million CA$152.91K/day CA$- CA$- ▼ -1 days
2009 25 days CA$3.50 Million CA$142.28K/day CA$- CA$- ▲ +1 days
2008 23 days CA$3.20 Million CA$137.12K/day CA$- CA$- ▼ 0 days
2007 24 days CA$3.42 Million CA$145.50K/day CA$- CA$- ▼ -3 days
2006 26 days CA$2.97 Million CA$112.56K/day CA$- CA$- ▼ -10 days
2005 36 days CA$3.25 Million CA$89.84K/day CA$- CA$1.77 Million ▲ +23 days
2004 13 days CA$1.11 Million CA$82.77K/day CA$- CA$- ▲ +7 days
2003 7 days CA$486.29K CA$72.87K/day CA$- CA$- ▲ +2 days
2002 5 days CA$338.70K CA$66.53K/day CA$- CA$- ▼ -7 days
2001 12 days CA$817.99K CA$67.55K/day CA$- CA$- ▼ -965 days
2000 977 days CA$8.65 Million CA$8.86K/day CA$- CA$7.88 Million ▲ +221 days
1999 756 days CA$14.70 Million CA$19.45K/day CA$- CA$- ▲ +665 days
1998 91 days CA$3.20 Million CA$35.34K/day CA$- CA$- ▲ +3 days
1997 88 days CA$1.90 Million CA$21.64K/day CA$- CA$- ▲ +29 days
1996 58 days CA$400.00K CA$6.85K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)