Tree Island Steel Ltd. (TSL) — Defensive Interval Ratio

Latest as of March 2026: 387 days

Tree Island Steel Ltd. (TSL) has a Defensive Interval Ratio of 387 days as of March 2026. Defensive assets of CA$28.61 Million (cash CA$-, short-term investments CA$-, receivables CA$28.61 Million) cover 387 days of daily cash needs of CA$73.98K/day. See Tree Island Steel Ltd. (TSL) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

387 days
Days of operational coverage

Defensive Assets

CA$28.61 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$73.98K
Current Liabilities ÷ 365

Current Liabilities

CA$27.00 Million
CAD

Tree Island Steel Ltd. Defensive Interval Ratio (2002–2025)

This chart shows how Tree Island Steel Ltd.'s Defensive Interval Ratio has evolved across 24 annual periods from 2002 to 2025. As of March 2026, the ratio stands at 387 days, meaning defensive assets of CA$28.61 Million can fund 387 days of operations without new revenue. See net asset quality index of Tree Island Steel Ltd. to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Tree Island Steel Ltd. (2002–2025)

The table below presents the year-by-year Defensive Interval Ratio for Tree Island Steel Ltd. from 2002 to 2025, covering 24 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 Tree Island Steel Ltd. (TSL) total market value.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 389 days CA$19.66 Million CA$50.52K/day CA$- CA$- ▼ -288 days
2024 677 days CA$34.72 Million CA$51.26K/day CA$1.91 Million CA$- ▼ -171 days
2023 848 days CA$38.71 Million CA$45.65K/day CA$12.79 Million CA$- ▲ +290 days
2022 558 days CA$31.59 Million CA$56.64K/day CA$- CA$- ▲ +302 days
2021 256 days CA$38.05 Million CA$148.71K/day CA$- CA$- ▼ -118 days
2020 374 days CA$24.82 Million CA$66.42K/day CA$- CA$- ▲ +11 days
2019 363 days CA$24.68 Million CA$68.06K/day CA$- CA$- ▲ +250 days
2018 113 days CA$24.13 Million CA$213.41K/day CA$- CA$- ▼ -58 days
2017 171 days CA$26.30 Million CA$153.58K/day CA$- CA$- ▼ -8 days
2016 179 days CA$24.46 Million CA$136.42K/day CA$- CA$- ▼ -15 days
2015 194 days CA$27.49 Million CA$141.43K/day CA$- CA$- ▲ +52 days
2014 142 days CA$20.09 Million CA$141.16K/day CA$- CA$- ▼ -92 days
2013 234 days CA$16.96 Million CA$72.50K/day CA$- CA$- ▲ +51 days
2012 183 days CA$11.98 Million CA$65.54K/day CA$- CA$- ▲ +27 days
2011 156 days CA$13.84 Million CA$88.90K/day CA$- CA$- ▲ +4 days
2010 152 days CA$9.75 Million CA$64.37K/day CA$- CA$- ▼ -70 days
2009 222 days CA$15.19 Million CA$68.54K/day CA$- CA$- ▲ +139 days
2008 82 days CA$30.11 Million CA$365.62K/day CA$- CA$- ▼ -21 days
2007 103 days CA$26.79 Million CA$259.53K/day CA$- CA$- ▼ -15 days
2006 119 days CA$21.69 Million CA$183.03K/day CA$- CA$- ▼ -29 days
2005 147 days CA$27.89 Million CA$189.31K/day CA$- CA$- ▲ +45 days
2004 102 days CA$27.60 Million CA$270.64K/day CA$- CA$- ▼ -24 days
2003 126 days CA$26.08 Million CA$207.52K/day CA$- CA$- ▼ -5 days
2002 130 days CA$32.69 Million CA$250.78K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)