Trifecta Gold Ltd (TG) — Defensive Interval Ratio

Latest as of June 2023: 176 days

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. Check TG goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

176 days
Days of operational coverage

Defensive Assets

CA$35.17K
Cash + ST Investments + Receivables

Daily Cash Need

CA$199.33
Current Liabilities ÷ 365

Current Liabilities

CA$72.76K
CAD

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. Also explore TG net assets growth trend to track the company's year-over-year net asset growth rate.

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. For live market cap and the full company financial profile, see Trifecta Gold Ltd market capitalisation.

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$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)