Tearlach Resources Ltd (TEA) — Defensive Interval Ratio
Tearlach Resources Ltd (TEA) has a Defensive Interval Ratio of 7 days as of June 2024. Defensive assets of CA$18.61K (cash CA$-, short-term investments CA$-, receivables CA$18.61K) cover 7 days of daily cash needs of CA$2.80K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Tearlach Resources Ltd Defensive Interval Ratio (2017–2023)
This chart shows how Tearlach Resources Ltd's Defensive Interval Ratio has evolved across 7 annual periods from 2017 to 2023. As of June 2024, the ratio stands at 7 days, meaning defensive assets of CA$18.61K can fund 7 days of operations without new revenue. For the complete balance sheet picture, see Tearlach Resources Ltd assets under control.
Annual Defensive Interval Ratio for Tearlach Resources Ltd (2017–2023)
The table below presents the year-by-year Defensive Interval Ratio for Tearlach Resources Ltd from 2017 to 2023, 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. See working capital position of Tearlach Resources Ltd 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) |
|---|---|---|---|---|---|---|
| 2023 | 13 days | CA$15.75K | CA$1.25K/day | CA$- | CA$- | ▲ +10 days |
| 2022 | 3 days | CA$3.91K | CA$1.47K/day | CA$- | CA$- | ▲ +2 days |
| 2021 | 1 days | CA$629.00 | CA$609.94/day | CA$- | CA$- | ▼ -5 days |
| 2020 | 6 days | CA$804.00 | CA$134.54/day | CA$- | CA$- | ▲ +5 days |
| 2019 | 1 days | CA$485.00 | CA$454.50/day | CA$- | CA$- | ▲ +1 days |
| 2018 | 0 days | CA$1.32K | CA$5.27K/day | CA$- | CA$- | ▼ 0 days |
| 2017 | 0 days | CA$1.80K | CA$4.40K/day | CA$- | CA$- | — |