Transforma Resources Corp Defensive Interval Ratio
Transforma Resources Corp 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. See Transforma Resources Corp short-term liquidity 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 Transforma Resources Corp (2017–2022)
Defensive interval ratio of Transforma Resources Corp from 2017 to 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. Read Transforma Resources Corp (TFM) financial obligations for a breakdown of total debt and financial obligations.
Transforma Resources Corp Defensive Interval Ratio by Year (2017–2022)
Transforma Resources Corp defensive interval ratio by year from 2017 to 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. For the complete balance sheet picture, see Transforma Resources Corp assets under control.
| 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$- | — |