Trican Well Service Ltd. (TCW) — Defensive Interval Ratio

Latest as of December 2025: 773 days

Trican Well Service Ltd. (TCW) has a Defensive Interval Ratio of 773 days as of December 2025. Defensive assets of CA$273.14 Million (cash CA$12.46 Million, short-term investments CA$-, receivables CA$260.68 Million) cover 773 days of daily cash needs of CA$353.31K/day. Check how tangible is Trican Well Service Ltd.'s equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

773 days
Days of operational coverage

Defensive Assets

CA$273.14 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$353.31K
Current Liabilities ÷ 365

Current Liabilities

CA$128.96 Million
CAD

Trican Well Service Ltd. Defensive Interval Ratio (1996–2025)

This chart shows how Trican Well Service Ltd.'s Defensive Interval Ratio has evolved across 30 annual periods from 1996 to 2025. As of December 2025, the ratio stands at 773 days, meaning defensive assets of CA$273.14 Million can fund 773 days of operations without new revenue. Also explore Trican Well Service Ltd. (TCW) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Trican Well Service Ltd. (1996–2025)

The table below presents the year-by-year Defensive Interval Ratio for Trican Well Service Ltd. 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. For live market cap and the full company financial profile, see Trican Well Service Ltd. (TCW) total market value.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 738 days CA$260.68 Million CA$353.31K/day CA$- CA$- ▲ +100 days
2024 638 days CA$236.90 Million CA$371.17K/day CA$26.28 Million CA$- ▼ -44 days
2023 682 days CA$269.88 Million CA$395.72K/day CA$88.75 Million CA$- ▲ +0 days
2022 682 days CA$175.44 Million CA$257.26K/day CA$- CA$- ▲ +76 days
2021 606 days CA$128.77 Million CA$212.55K/day CA$- CA$- ▲ +27 days
2020 579 days CA$96.09 Million CA$166.10K/day CA$22.61 Million CA$- ▼ -5 days
2019 583 days CA$148.47 Million CA$254.59K/day CA$- CA$8.00K ▼ -24 days
2018 607 days CA$142.79 Million CA$235.16K/day CA$- CA$8.00K ▲ +64 days
2017 543 days CA$224.75 Million CA$413.54K/day CA$- CA$15.15 Million ▼ -25 days
2016 568 days CA$152.67 Million CA$268.56K/day CA$- CA$28.06 Million ▲ +216 days
2015 352 days CA$222.19 Million CA$630.93K/day CA$- CA$17.89 Million ▼ -239 days
2014 592 days CA$628.59 Million CA$1.06 Million/day CA$- CA$- ▲ +148 days
2013 443 days CA$464.40 Million CA$1.05 Million/day CA$- CA$- ▼ -199 days
2012 643 days CA$437.69 Million CA$681.15K/day CA$- CA$- ▼ -54 days
2011 696 days CA$609.23 Million CA$874.92K/day CA$- CA$- ▲ +52 days
2010 644 days CA$364.99 Million CA$566.54K/day CA$- CA$- ▲ +175 days
2009 469 days CA$181.48 Million CA$387.17K/day CA$- CA$- ▼ -9 days
2008 478 days CA$244.24 Million CA$511.04K/day CA$- CA$- ▼ -78 days
2007 556 days CA$143.88 Million CA$258.58K/day CA$- CA$- ▲ +6 days
2006 551 days CA$156.31 Million CA$283.87K/day CA$- CA$- ▼ -160 days
2005 710 days CA$145.72 Million CA$205.11K/day CA$- CA$- ▲ +156 days
2004 555 days CA$93.66 Million CA$168.85K/day CA$- CA$- ▼ -52 days
2003 607 days CA$62.03 Million CA$102.21K/day CA$- CA$- ▲ +173 days
2002 434 days CA$41.95 Million CA$96.64K/day CA$- CA$- ▲ +52 days
2001 382 days CA$27.40 Million CA$71.76K/day CA$- CA$- ▲ +19 days
2000 363 days CA$32.16 Million CA$88.57K/day CA$- CA$- ▼ -239 days
1999 602 days CA$18.30 Million CA$30.41K/day CA$- CA$- ▲ +227 days
1998 375 days CA$7.50 Million CA$20.00K/day CA$- CA$- ▲ +163 days
1997 212 days CA$7.20 Million CA$33.97K/day CA$- CA$- ▼ -260 days
1996 472 days CA$2.20 Million CA$4.66K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)