TDb Split Corp (XTD) — Defensive Interval Ratio

Latest as of May 2025: 485 days

TDb Split Corp (XTD) has a Defensive Interval Ratio of 485 days as of May 2025. Defensive assets of CA$63.14 Million (cash CA$-, short-term investments CA$63.14 Million, receivables CA$380.00) cover 485 days of daily cash needs of CA$130.29K/day. Check TDb Split Corp tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

485 days
Days of operational coverage

Defensive Assets

CA$63.14 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$130.29K
Current Liabilities ÷ 365

Current Liabilities

CA$47.56 Million
CAD

TDb Split Corp Defensive Interval Ratio (2008–2024)

This chart shows how TDb Split Corp's Defensive Interval Ratio has evolved across 16 annual periods from 2008 to 2024. As of May 2025, the ratio stands at 485 days, meaning defensive assets of CA$63.14 Million can fund 485 days of operations without new revenue. Also explore XTD net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for TDb Split Corp (2008–2024)

The table below presents the year-by-year Defensive Interval Ratio for TDb Split Corp from 2008 to 2024, covering 16 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 TDb Split Corp market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 21592 days CA$20.41 Million CA$945.45/day CA$- CA$20.41 Million ▲ +8242 days
2023 13350 days CA$57.40 Million CA$4.30K/day CA$- CA$57.40 Million ▼ -35039 days
2022 48389 days CA$80.87 Million CA$1.67K/day CA$- CA$80.87 Million ▲ +2396 days
2021 45994 days CA$85.09 Million CA$1.85K/day CA$- CA$85.08 Million ▼ -14091 days
2020 60084 days CA$47.15 Million CA$784.79/day CA$- CA$47.15 Million ▲ +16027 days
2019 44057 days CA$48.89 Million CA$1.11K/day CA$- CA$48.89 Million ▼ -3422 days
2018 47479 days CA$51.37 Million CA$1.08K/day CA$- CA$51.37 Million ▼ -1616 days
2017 49095 days CA$54.08 Million CA$1.10K/day CA$- CA$54.08 Million ▲ +31324 days
2016 17771 days CA$50.32 Million CA$2.83K/day CA$- CA$50.32 Million ▼ -27090 days
2015 44861 days CA$47.13 Million CA$1.05K/day CA$- CA$46.37 Million ▲ +3860 days
2014 41001 days CA$50.67 Million CA$1.24K/day CA$- CA$50.67 Million ▲ +41001 days
2013 0 days CA$862.00 CA$3.70K/day CA$- CA$- ▼ -4 days
2012 4 days CA$395.00 CA$98.79/day CA$- CA$- ▼ -2338 days
2011 2342 days CA$1.16 Million CA$495.04/day CA$- CA$- ▲ +2342 days
2010 0 days CA$232.00 CA$3.02K/day CA$- CA$- ▼ -871 days
2008 871 days CA$873.40K CA$1.00K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)