Transforma Resources Corp (TFM) — Defensive Interval Ratio
Transforma Resources Corp (TFM) has a Defensive Interval Ratio of 9 days as of September 2023. Defensive assets of CA$12.57K (cash CA$-, short-term investments CA$-, receivables CA$12.57K) cover 9 days of daily cash needs of CA$1.44K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Transforma Resources Corp Defensive Interval Ratio (2017–2022)
This chart shows how Transforma Resources Corp's Defensive Interval Ratio has evolved across 6 annual periods from 2017 to 2022. As of September 2023, the ratio stands at 9 days, meaning defensive assets of CA$12.57K can fund 9 days of operations without new revenue. For the complete balance sheet picture, see Transforma Resources Corp asset portfolio.
Annual Defensive Interval Ratio for Transforma Resources Corp (2017–2022)
The table below presents the year-by-year Defensive Interval Ratio for Transforma Resources 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. See TFM net working capital ratio 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) |
|---|---|---|---|---|---|---|
| 2022 | 13 days | CA$18.64K | CA$1.46K/day | CA$- | CA$- | ▲ +9 days |
| 2021 | 4 days | CA$12.16K | CA$3.29K/day | CA$- | CA$- | ▲ +3 days |
| 2020 | 1 days | CA$1.51K | CA$2.54K/day | CA$- | CA$- | ▼ 0 days |
| 2019 | 1 days | CA$1.45K | CA$2.09K/day | CA$- | CA$- | ▼ -14 days |
| 2018 | 15 days | CA$19.28K | CA$1.28K/day | CA$- | CA$- | ▲ +12 days |
| 2017 | 3 days | CA$3.22K | CA$921.60/day | CA$- | CA$- | — |