Therma Bright Inc (THRM) — Defensive Interval Ratio

Latest as of October 2025: 31 days

Therma Bright Inc (THRM) has a Defensive Interval Ratio of 31 days as of October 2025. Defensive assets of CA$163.26K (cash CA$-, short-term investments CA$43.26K, receivables CA$120.00K) cover 31 days of daily cash needs of CA$5.27K/day.

Defensive Interval Ratio

31 days
Days of operational coverage

Defensive Assets

CA$163.26K
Cash + ST Investments + Receivables

Daily Cash Need

CA$5.27K
Current Liabilities ÷ 365

Current Liabilities

CA$1.92 Million
CAD

Therma Bright Inc Defensive Interval Ratio (2001–2025)

This chart shows how Therma Bright Inc's Defensive Interval Ratio has evolved across 16 annual periods from 2001 to 2025. As of October 2025, the ratio stands at 31 days, meaning defensive assets of CA$163.26K can fund 31 days of operations without new revenue. For the complete balance sheet picture, see THRM current and non-current assets.

Annual Defensive Interval Ratio for Therma Bright Inc (2001–2025)

The table below presents the year-by-year Defensive Interval Ratio for Therma Bright Inc from 2001 to 2025, covering 16 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 THRM working capital efficiency 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)
2025 7 days CA$36.61K CA$4.97K/day CA$- CA$36.61K ▲ +7 days
2024 0 days CA$0.00 CA$5.11K/day CA$- CA$0.00 ▼ -6 days
2023 6 days CA$36.97K CA$5.86K/day CA$- CA$- ▼ -73 days
2022 79 days CA$251.16K CA$3.19K/day CA$- CA$- ▲ +40 days
2021 39 days CA$95.46K CA$2.43K/day CA$- CA$- ▼ -13 days
2018 52 days CA$32.29K CA$618.67/day CA$- CA$- ▲ +17 days
2017 35 days CA$78.28K CA$2.25K/day CA$- CA$- ▲ +35 days
2015 0 days CA$182.00 CA$2.25K/day CA$- CA$- ▼ -2 days
2014 2 days CA$28.33K CA$15.25K/day CA$- CA$- ▲ +0 days
2008 2 days CA$10.47K CA$6.66K/day CA$- CA$- ▼ -7 days
2007 9 days CA$48.56K CA$5.46K/day CA$- CA$- ▼ -48 days
2006 56 days CA$71.50K CA$1.27K/day CA$- CA$- ▲ +5 days
2005 51 days CA$21.12K CA$412.59/day CA$- CA$- ▲ +3 days
2004 48 days CA$6.06K CA$125.65/day CA$- CA$- ▲ +2 days
2002 46 days CA$6.15K CA$132.28/day CA$- CA$- ▼ -482 days
2001 528 days CA$12.09K CA$22.88/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)