TMX Group Limited (X) — Defensive Interval Ratio

Latest as of September 2025: 7 days

TMX Group Limited (X) has a Defensive Interval Ratio of 7 days as of September 2025. Defensive assets of CA$874.40 Million (cash CA$437.10 Million, short-term investments CA$148.30 Million, receivables CA$289.00 Million) cover 7 days of daily cash needs of CA$117.17 Million/day. See X net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

7 days
Days of operational coverage

Defensive Assets

CA$874.40 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$117.17 Million
Current Liabilities ÷ 365

Current Liabilities

CA$42.77 Billion
CAD

TMX Group Limited Defensive Interval Ratio (2002–2024)

This chart shows how TMX Group Limited's Defensive Interval Ratio has evolved across 23 annual periods from 2002 to 2024. As of September 2025, the ratio stands at 7 days, meaning defensive assets of CA$874.40 Million can fund 7 days of operations without new revenue. See TMX Group Limited net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for TMX Group Limited (2002–2024)

The table below presents the year-by-year Defensive Interval Ratio for TMX Group Limited from 2002 to 2024, covering 23 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 TMX Group Limited (X) total market value.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 4 days CA$385.60 Million CA$88.92 Million/day CA$8.90 Million CA$108.40 Million ▲ +2 days
2023 2 days CA$325.10 Million CA$160.45 Million/day CA$3.70 Million CA$118.50 Million ▼ 0 days
2022 2 days CA$286.60 Million CA$137.02 Million/day CA$1.30 Million CA$117.40 Million ▲ +1 days
2021 1 days CA$214.50 Million CA$157.59 Million/day CA$2.60 Million CA$77.30 Million ▼ -1 days
2020 2 days CA$171.70 Million CA$84.33 Million/day CA$3.10 Million CA$55.80 Million ▼ -1 days
2019 3 days CA$199.00 Million CA$74.39 Million/day CA$4.50 Million CA$80.40 Million ▲ +0 days
2018 2 days CA$172.30 Million CA$73.05 Million/day CA$4.30 Million CA$55.60 Million ▼ 0 days
2017 3 days CA$160.90 Million CA$57.56 Million/day CA$4.00 Million CA$50.10 Million ▼ -16 days
2016 19 days CA$933.00 Million CA$48.59 Million/day CA$3.20 Million CA$61.80 Million ▲ +3 days
2015 17 days CA$576.30 Million CA$34.69 Million/day CA$- CA$71.20 Million ▼ -14 days
2014 31 days CA$849.40 Million CA$27.75 Million/day CA$- CA$59.70 Million ▲ +1 days
2013 30 days CA$921.50 Million CA$30.79 Million/day CA$- CA$67.00 Million ▼ -7 days
2012 37 days CA$886.40 Million CA$23.87 Million/day CA$- CA$89.00 Million ▼ -180 days
2011 218 days CA$1.13 Billion CA$5.20 Million/day CA$- CA$403.20 Million ▼ -35 days
2010 252 days CA$1.11 Billion CA$4.40 Million/day CA$- CA$261.60 Million ▲ +45 days
2009 208 days CA$928.43 Million CA$4.46 Million/day CA$- CA$103.17 Million ▼ -24 days
2008 232 days CA$1.14 Billion CA$4.89 Million/day CA$- CA$96.25 Million ▼ -170 days
2007 402 days CA$1.04 Billion CA$2.59 Million/day CA$- CA$249.40 Million ▼ -36 days
2006 438 days CA$1.21 Billion CA$2.76 Million/day CA$- CA$285.06 Million ▲ +19 days
2005 419 days CA$1.28 Billion CA$3.04 Million/day CA$- CA$247.75 Million ▼ -12 days
2004 431 days CA$782.26 Million CA$1.81 Million/day CA$- CA$154.13 Million ▼ -482 days
2003 913 days CA$123.66 Million CA$135.40K/day CA$- CA$109.40 Million ▼ -975 days
2002 1889 days CA$240.63 Million CA$127.41K/day CA$- CA$226.70 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)