Trifecta Gold Ltd (TG) — Defensive Interval Ratio
Trifecta Gold Ltd (TG) has a Defensive Interval Ratio of 176 days as of June 2023. Defensive assets of CA$35.17K (cash CA$-, short-term investments CA$-, receivables CA$35.17K) cover 176 days of daily cash needs of CA$199.33/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Trifecta Gold Ltd Defensive Interval Ratio (2016–2022)
This chart shows how Trifecta Gold Ltd's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2022. As of June 2023, the ratio stands at 176 days, meaning defensive assets of CA$35.17K can fund 176 days of operations without new revenue. For the complete balance sheet picture, see Trifecta Gold Ltd asset portfolio.
Annual Defensive Interval Ratio for Trifecta Gold Ltd (2016–2022)
The table below presents the year-by-year Defensive Interval Ratio for Trifecta Gold Ltd from 2016 to 2022, 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 Trifecta Gold 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) |
|---|---|---|---|---|---|---|
| 2022 | 281 days | CA$30.20K | CA$107.53/day | CA$- | CA$- | ▼ -94 days |
| 2021 | 375 days | CA$43.21K | CA$115.36/day | CA$- | CA$- | ▲ +363 days |
| 2020 | 11 days | CA$2.96K | CA$258.00/day | CA$- | CA$- | ▼ -22 days |
| 2019 | 34 days | CA$2.42K | CA$71.55/day | CA$- | CA$0.00 | ▼ -143 days |
| 2018 | 177 days | CA$39.78K | CA$224.66/day | CA$- | CA$37.50K | ▼ -102 days |
| 2017 | 279 days | CA$44.95K | CA$161.19/day | CA$- | CA$- | ▲ +264 days |
| 2016 | 15 days | CA$5.26K | CA$358.74/day | CA$- | CA$- | — |