True North Gems Inc (TGX) — Defensive Interval Ratio

Latest as of September 2025: 281 days

True North Gems Inc (TGX) has a Defensive Interval Ratio of 281 days as of September 2025. Defensive assets of CA$74.34K (cash CA$-, short-term investments CA$71.50K, receivables CA$2.84K) cover 281 days of daily cash needs of CA$264.52/day.

Defensive Interval Ratio

281 days
Days of operational coverage

Defensive Assets

CA$74.34K
Cash + ST Investments + Receivables

Daily Cash Need

CA$264.52
Current Liabilities ÷ 365

Current Liabilities

CA$96.55K
CAD

True North Gems Inc Defensive Interval Ratio (2013–2024)

This chart shows how True North Gems Inc's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 281 days, meaning defensive assets of CA$74.34K can fund 281 days of operations without new revenue. For the complete balance sheet picture, see True North Gems Inc assets under control.

Annual Defensive Interval Ratio for True North Gems Inc (2013–2024)

The table below presents the year-by-year Defensive Interval Ratio for True North Gems Inc from 2013 to 2024, covering 12 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 True North Gems Inc current assets vs equity 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)
2024 364 days CA$87.55K CA$240.58/day CA$- CA$68.25K ▼ -400 days
2023 763 days CA$68.80K CA$90.12/day CA$- CA$65.00K ▲ +413 days
2022 350 days CA$75.01K CA$214.35/day CA$- CA$48.75K ▼ -291 days
2021 641 days CA$67.76K CA$105.78/day CA$- CA$66.00K ▲ +639 days
2020 1 days CA$22.12K CA$18.09K/day CA$- CA$20.00K ▲ +0 days
2019 1 days CA$14.04K CA$13.79K/day CA$- CA$14.00K ▼ -1 days
2018 2 days CA$39.93K CA$17.40K/day CA$- CA$29.92K ▲ +2 days
2017 1 days CA$9.08K CA$13.50K/day CA$- CA$0.00 ▼ -24 days
2016 24 days CA$128.36K CA$5.30K/day CA$- CA$104.50K ▼ -9 days
2015 34 days CA$216.23K CA$6.44K/day CA$- CA$193.07K ▼ -74 days
2014 107 days CA$395.50K CA$3.69K/day CA$- CA$360.19K ▼ -13 days
2013 120 days CA$456.50K CA$3.81K/day CA$- CA$438.25K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)