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. See Transforma Resources Corp working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
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. See TFM net asset quality score to measure how much of total assets are equity-financed.
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. For live market cap and the full company financial profile, see TFM market cap overview.
| 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$- | — |