TUT Fitness Group Inc (GYM) — Defensive Interval Ratio

Latest as of March 2024: 11 days

TUT Fitness Group Inc (GYM) has a Defensive Interval Ratio of 11 days as of March 2024. Defensive assets of CA$13.09K (cash CA$-, short-term investments CA$-, receivables CA$13.09K) cover 11 days of daily cash needs of CA$1.25K/day. Check TUT Fitness Group Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

11 days
Days of operational coverage

Defensive Assets

CA$13.09K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.25K
Current Liabilities ÷ 365

Current Liabilities

CA$454.92K
CAD

TUT Fitness Group Inc Defensive Interval Ratio (2020–2023)

This chart shows how TUT Fitness Group Inc's Defensive Interval Ratio has evolved across 4 annual periods from 2020 to 2023. As of March 2024, the ratio stands at 11 days, meaning defensive assets of CA$13.09K can fund 11 days of operations without new revenue. Also explore GYM net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for TUT Fitness Group Inc (2020–2023)

The table below presents the year-by-year Defensive Interval Ratio for TUT Fitness Group Inc from 2020 to 2023, covering 4 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 TUT Fitness Group Inc market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 0 days CA$414.00 CA$901.60/day CA$- CA$- ▼ -222 days
2022 222 days CA$63.21K CA$284.68/day CA$- CA$- ▲ +222 days
2021 0 days CA$270.00 CA$1.26K/day CA$- CA$- ▼ -84 days
2020 84 days CA$77.24K CA$917.47/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)