Turmalina Metals Corp Defensive Interval Ratio
Turmalina Metals Corp defensive interval ratio. Turmalina Metals Corp (TBX) has a Defensive Interval Ratio of 514 days as of September 2023. Defensive assets of CA$212.99K (cash CA$-, short-term investments CA$-, receivables CA$212.99K) cover 514 days of daily cash needs of CA$414.15/day. See working capital position of Turmalina Metals Corp to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Turmalina Metals Corp (2017–2022)
Defensive interval ratio of Turmalina Metals Corp from 2017 to 2022. This chart shows how Turmalina Metals Corp's Defensive Interval Ratio has evolved across 6 annual periods from 2017 to 2022. As of September 2023, the ratio stands at 514 days, meaning defensive assets of CA$212.99K can fund 514 days of operations without new revenue. Read how much debt does Turmalina Metals Corp carry for a breakdown of total debt and financial obligations.
Turmalina Metals Corp Defensive Interval Ratio by Year (2017–2022)
Turmalina Metals Corp defensive interval ratio by year from 2017 to 2022. The table below presents the year-by-year Defensive Interval Ratio for Turmalina Metals Corp from 2017 to 2022, covering 6 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 the complete balance sheet picture, see balance sheet size of Turmalina Metals Corp.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 34 days | CA$47.01K | CA$1.38K/day | CA$- | CA$- | ▼ -307 days |
| 2021 | 341 days | CA$107.19K | CA$314.21/day | CA$- | CA$- | ▲ +90 days |
| 2020 | 251 days | CA$139.40K | CA$555.13/day | CA$- | CA$- | ▲ +206 days |
| 2019 | 45 days | CA$60.05K | CA$1.33K/day | CA$- | CA$- | ▲ +45 days |
| 2018 | 1 days | CA$479.00 | CA$873.35/day | CA$- | CA$- | ▼ 0 days |
| 2017 | 1 days | CA$276.00 | CA$357.33/day | CA$- | CA$- | — |