Transatlantic Mining Corp (TCO) — Defensive Interval Ratio

Latest as of March 2026: 145 days

Transatlantic Mining Corp (TCO) has a Defensive Interval Ratio of 145 days as of March 2026. Defensive assets of CA$2.18 Million (cash CA$-, short-term investments CA$2.18 Million, receivables CA$1.73K) cover 145 days of daily cash needs of CA$15.08K/day.

Defensive Interval Ratio

145 days
Days of operational coverage

Defensive Assets

CA$2.18 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$15.08K
Current Liabilities ÷ 365

Current Liabilities

CA$5.51 Million
CAD

Transatlantic Mining Corp Defensive Interval Ratio (2016–2025)

This chart shows how Transatlantic Mining Corp's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 145 days, meaning defensive assets of CA$2.18 Million can fund 145 days of operations without new revenue. For the complete balance sheet picture, see Transatlantic Mining Corp asset portfolio.

Annual Defensive Interval Ratio for Transatlantic Mining Corp (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for Transatlantic Mining Corp from 2016 to 2025, covering 10 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital position of Transatlantic Mining Corp to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 68 days CA$1.01 Million CA$14.82K/day CA$- CA$1.01 Million ▼ -33 days
2024 102 days CA$1.46 Million CA$14.39K/day CA$- CA$1.38 Million ▼ -42 days
2023 144 days CA$2.14 Million CA$14.90K/day CA$- CA$2.14 Million ▼ -47 days
2022 191 days CA$3.01 Million CA$15.75K/day CA$- CA$3.01 Million ▼ -98 days
2021 290 days CA$4.34 Million CA$14.99K/day CA$- CA$4.34 Million ▼ -168 days
2020 457 days CA$7.77 Million CA$16.99K/day CA$- CA$6.06 Million ▲ +457 days
2019 0 days CA$243.00 CA$15.31K/day CA$- CA$- ▼ -2 days
2018 2 days CA$42.54K CA$24.88K/day CA$- CA$- ▲ +0 days
2017 1 days CA$23.45K CA$16.99K/day CA$- CA$- ▲ +0 days
2016 1 days CA$8.61K CA$6.74K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)