TDG Gold Corp (TDG) — Defensive Interval Ratio

Latest as of October 2022: 216 days

TDG Gold Corp (TDG) has a Defensive Interval Ratio of 216 days as of October 2022. Defensive assets of CA$941.77K (cash CA$-, short-term investments CA$-, receivables CA$941.77K) cover 216 days of daily cash needs of CA$4.36K/day. Check TDG Gold Corp (TDG) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

216 days
Days of operational coverage

Defensive Assets

CA$941.77K
Cash + ST Investments + Receivables

Daily Cash Need

CA$4.36K
Current Liabilities ÷ 365

Current Liabilities

CA$1.59 Million
CAD

TDG Gold Corp Defensive Interval Ratio (2018–2022)

This chart shows how TDG Gold Corp's Defensive Interval Ratio has evolved across 5 annual periods from 2018 to 2022. As of October 2022, the ratio stands at 216 days, meaning defensive assets of CA$941.77K can fund 216 days of operations without new revenue. Also explore net asset growth rate of TDG Gold Corp to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for TDG Gold Corp (2018–2022)

The table below presents the year-by-year Defensive Interval Ratio for TDG Gold Corp from 2018 to 2022, covering 5 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 how much is TDG Gold Corp worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 49 days CA$436.67K CA$8.85K/day CA$- CA$- ▼ -31750 days
2021 31799 days CA$125.36 Million CA$3.94K/day CA$- CA$- ▲ +31753 days
2020 46 days CA$19.12K CA$417.74/day CA$- CA$- ▲ +19 days
2019 27 days CA$16.02K CA$602.34/day CA$- CA$- ▲ +1 days
2018 25 days CA$1.08K CA$42.85/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)