Trailbreaker Resources Ltd (TBK) — Defensive Interval Ratio

Latest as of December 2024: 27 days

Trailbreaker Resources Ltd (TBK) has a Defensive Interval Ratio of 27 days as of December 2024. Defensive assets of CA$24.41K (cash CA$-, short-term investments CA$24.41K, receivables CA$-) cover 27 days of daily cash needs of CA$911.48/day. Check TBK intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

27 days
Days of operational coverage

Defensive Assets

CA$24.41K
Cash + ST Investments + Receivables

Daily Cash Need

CA$911.48
Current Liabilities ÷ 365

Current Liabilities

CA$332.69K
CAD

Trailbreaker Resources Ltd Defensive Interval Ratio (2016–2025)

This chart shows how Trailbreaker Resources Ltd's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2025. As of December 2024, the ratio stands at 27 days, meaning defensive assets of CA$24.41K can fund 27 days of operations without new revenue. Also explore Trailbreaker Resources Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Trailbreaker Resources Ltd (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for Trailbreaker Resources Ltd from 2016 to 2025, covering 7 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 Trailbreaker Resources Ltd (TBK) total market value.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 66 days CA$54.19K CA$814.99/day CA$- CA$54.19K ▲ +40 days
2024 27 days CA$24.41K CA$911.48/day CA$- CA$24.41K ▲ +22 days
2020 5 days CA$11.88K CA$2.36K/day CA$- CA$- ▼ -45 days
2019 50 days CA$18.29K CA$368.16/day CA$- CA$- ▼ -216 days
2018 266 days CA$86.28K CA$324.21/day CA$- CA$- ▼ -40 days
2017 306 days CA$103.08K CA$336.87/day CA$- CA$- ▲ +218 days
2016 88 days CA$71.50K CA$813.51/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)