Toromont Industries Ltd. (TIH) — Defensive Interval Ratio

Latest as of June 2025: 224 days

Toromont Industries Ltd. (TIH) has a Defensive Interval Ratio of 224 days as of June 2025. Defensive assets of CA$709.21 Million (cash CA$-, short-term investments CA$-, receivables CA$709.21 Million) cover 224 days of daily cash needs of CA$3.16 Million/day. Check TIH goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

224 days
Days of operational coverage

Defensive Assets

CA$709.21 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$3.16 Million
Current Liabilities ÷ 365

Current Liabilities

CA$1.15 Billion
CAD

Toromont Industries Ltd. Defensive Interval Ratio (1993–2024)

This chart shows how Toromont Industries Ltd.'s Defensive Interval Ratio has evolved across 32 annual periods from 1993 to 2024. As of June 2025, the ratio stands at 224 days, meaning defensive assets of CA$709.21 Million can fund 224 days of operations without new revenue. Also explore net asset momentum of Toromont Industries Ltd. to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Toromont Industries Ltd. (1993–2024)

The table below presents the year-by-year Defensive Interval Ratio for Toromont Industries Ltd. from 1993 to 2024, covering 32 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 TIH stock market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 172 days CA$575.51 Million CA$3.34 Million/day CA$- CA$- ▼ -43 days
2023 215 days CA$627.24 Million CA$2.92 Million/day CA$- CA$- ▲ +15 days
2022 200 days CA$579.68 Million CA$2.90 Million/day CA$- CA$- ▼ -3 days
2021 203 days CA$451.94 Million CA$2.23 Million/day CA$- CA$- ▼ -46 days
2020 249 days CA$541.72 Million CA$2.18 Million/day CA$- CA$- ▲ +53 days
2019 196 days CA$534.42 Million CA$2.73 Million/day CA$- CA$- ▲ +27 days
2018 170 days CA$522.58 Million CA$3.08 Million/day CA$- CA$- ▼ -107 days
2017 276 days CA$529.28 Million CA$1.92 Million/day CA$- CA$- ▲ +4 days
2016 273 days CA$248.48 Million CA$911.21K/day CA$- CA$1.20 Million ▼ -36 days
2015 309 days CA$264.97 Million CA$857.10K/day CA$- CA$2.44 Million ▲ +93 days
2014 217 days CA$239.77 Million CA$1.11 Million/day CA$- CA$- ▼ -84 days
2013 301 days CA$246.39 Million CA$818.78K/day CA$- CA$- ▼ -21 days
2012 321 days CA$231.52 Million CA$720.26K/day CA$- CA$- ▲ +97 days
2011 225 days CA$209.24 Million CA$931.80K/day CA$- CA$- ▼ -42 days
2010 267 days CA$455.79 Million CA$1.71 Million/day CA$- CA$- ▼ -12 days
2009 279 days CA$261.73 Million CA$939.43K/day CA$- CA$- ▲ +26 days
2008 253 days CA$390.34 Million CA$1.55 Million/day CA$- CA$- ▼ -9 days
2007 262 days CA$339.38 Million CA$1.30 Million/day CA$- CA$- ▼ -32 days
2006 294 days CA$341.47 Million CA$1.16 Million/day CA$- CA$- ▼ -27 days
2005 321 days CA$337.38 Million CA$1.05 Million/day CA$- CA$- ▲ +52 days
2004 270 days CA$257.46 Million CA$955.04K/day CA$- CA$- ▲ +4 days
2003 265 days CA$221.74 Million CA$835.34K/day CA$- CA$- ▲ +12 days
2002 253 days CA$186.99 Million CA$739.14K/day CA$- CA$- ▼ -12 days
2001 265 days CA$164.38 Million CA$619.55K/day CA$- CA$- ▼ -22 days
2000 287 days CA$184.73 Million CA$642.68K/day CA$- CA$33.65 Million ▼ -71 days
1999 359 days CA$190.80 Million CA$532.05K/day CA$- CA$67.80 Million ▲ +147 days
1998 211 days CA$110.60 Million CA$523.29K/day CA$- CA$- ▲ +4 days
1997 208 days CA$119.80 Million CA$577.26K/day CA$- CA$- ▼ -31 days
1996 239 days CA$100.10 Million CA$419.18K/day CA$- CA$- ▲ +14 days
1995 225 days CA$83.40 Million CA$370.96K/day CA$- CA$- ▼ -57 days
1994 282 days CA$78.20 Million CA$277.26K/day CA$- CA$- ▼ -79 days
1993 361 days CA$54.50 Million CA$150.96K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)