Tearlach Resources Ltd Defensive Interval Ratio
Tearlach Resources Ltd 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. See Tearlach Resources Ltd (TEA) liquidity to equity ratio 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 Tearlach Resources Ltd (2017–2023)
Defensive interval ratio of Tearlach Resources Ltd from 2017 to 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. Read TEA total debt and obligations for a breakdown of total debt and financial obligations.
Tearlach Resources Ltd Defensive Interval Ratio by Year (2017–2023)
Tearlach Resources Ltd defensive interval ratio by year from 2017 to 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. For the complete balance sheet picture, see TEA total assets.
| 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$- | — |