Tourmaline Oil Corp. (TOU) — Defensive Interval Ratio

Latest as of March 2026: 145 days

Tourmaline Oil Corp. (TOU) has a Defensive Interval Ratio of 145 days as of March 2026. Defensive assets of CA$751.21 Million (cash CA$-, short-term investments CA$-, receivables CA$751.21 Million) cover 145 days of daily cash needs of CA$5.20 Million/day. Check tangible equity quality of Tourmaline Oil Corp. to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

145 days
Days of operational coverage

Defensive Assets

CA$751.21 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$5.20 Million
Current Liabilities ÷ 365

Current Liabilities

CA$1.90 Billion
CAD

Tourmaline Oil Corp. Defensive Interval Ratio (2009–2025)

This chart shows how Tourmaline Oil Corp.'s Defensive Interval Ratio has evolved across 17 annual periods from 2009 to 2025. As of March 2026, the ratio stands at 145 days, meaning defensive assets of CA$751.21 Million can fund 145 days of operations without new revenue. Also explore net asset momentum of Tourmaline Oil Corp. to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Tourmaline Oil Corp. (2009–2025)

The table below presents the year-by-year Defensive Interval Ratio for Tourmaline Oil Corp. from 2009 to 2025, covering 17 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 TOU company net worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 122 days CA$802.14 Million CA$6.57 Million/day CA$- CA$- ▼ -78 days
2024 200 days CA$831.99 Million CA$4.17 Million/day CA$- CA$- ▲ +32 days
2023 167 days CA$731.06 Million CA$4.37 Million/day CA$- CA$- ▼ -111 days
2022 278 days CA$1.09 Billion CA$3.93 Million/day CA$- CA$- ▲ +52 days
2021 227 days CA$652.25 Million CA$2.88 Million/day CA$0.00 CA$- ▼ -185 days
2020 412 days CA$583.81 Million CA$1.42 Million/day CA$220.17 Million CA$- ▲ +185 days
2019 227 days CA$271.99 Million CA$1.20 Million/day CA$- CA$12.13 Million ▲ +26 days
2018 201 days CA$298.36 Million CA$1.49 Million/day CA$- CA$35.29 Million ▼ -2 days
2017 203 days CA$288.20 Million CA$1.42 Million/day CA$- CA$17.34 Million ▲ +34 days
2016 169 days CA$202.18 Million CA$1.20 Million/day CA$- CA$895.00K ▲ +4 days
2015 165 days CA$215.30 Million CA$1.31 Million/day CA$- CA$39.68 Million ▲ +41 days
2014 124 days CA$238.78 Million CA$1.93 Million/day CA$- CA$35.57 Million ▼ -4 days
2013 128 days CA$136.21 Million CA$1.06 Million/day CA$- CA$166.00K ▼ -15 days
2012 143 days CA$88.68 Million CA$618.93K/day CA$- CA$4.81 Million ▲ +38 days
2011 105 days CA$61.08 Million CA$582.75K/day CA$- CA$276.00K ▼ -43 days
2010 147 days CA$73.08 Million CA$495.74K/day CA$- CA$14.41 Million ▼ -43 days
2009 191 days CA$45.45 Million CA$238.19K/day CA$- CA$324.00K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)