Thor Explorations Ltd. (THX) — Defensive Interval Ratio

Latest as of September 2025: 50 days

Thor Explorations Ltd. (THX) has a Defensive Interval Ratio of 50 days as of September 2025. Defensive assets of CA$3.53 Million (cash CA$-, short-term investments CA$-, receivables CA$3.53 Million) cover 50 days of daily cash needs of CA$69.90K/day.

Defensive Interval Ratio

50 days
Days of operational coverage

Defensive Assets

CA$3.53 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$69.90K
Current Liabilities ÷ 365

Current Liabilities

CA$25.51 Million
CAD

Thor Explorations Ltd. Defensive Interval Ratio (2003–2023)

This chart shows how Thor Explorations Ltd.'s Defensive Interval Ratio has evolved across 21 annual periods from 2003 to 2023. As of September 2025, the ratio stands at 50 days, meaning defensive assets of CA$3.53 Million can fund 50 days of operations without new revenue. For the complete balance sheet picture, see Thor Explorations Ltd. (THX) total assets.

Annual Defensive Interval Ratio for Thor Explorations Ltd. (2003–2023)

The table below presents the year-by-year Defensive Interval Ratio for Thor Explorations Ltd. from 2003 to 2023, covering 21 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 Thor Explorations Ltd. short-term liquidity ratio 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)
2023 1 days CA$370.17K CA$458.89K/day CA$- CA$- ▼ 0 days
2022 1 days CA$220.44K CA$215.91K/day CA$- CA$- ▲ +0 days
2021 1 days CA$294.52K CA$294.32K/day CA$- CA$- ▼ 0 days
2020 1 days CA$56.70K CA$46.83K/day CA$- CA$- ▼ -381 days
2019 382 days CA$1.15 Million CA$3.00K/day CA$- CA$- ▲ +122 days
2018 260 days CA$1.71 Million CA$6.57K/day CA$- CA$- ▲ +260 days
2017 1 days CA$5.47K CA$8.03K/day CA$- CA$- ▼ -2 days
2016 2 days CA$2.74K CA$1.15K/day CA$- CA$- ▲ +0 days
2015 2 days CA$4.22K CA$1.84K/day CA$- CA$- ▲ +2 days
2014 0 days CA$335.00 CA$1.27K/day CA$- CA$- ▼ -2 days
2013 3 days CA$2.36K CA$906.45/day CA$- CA$- ▼ -18 days
2012 21 days CA$23.12K CA$1.11K/day CA$- CA$- ▲ +15 days
2011 5 days CA$6.02K CA$1.10K/day CA$- CA$- ▼ -36134 days
2010 36139 days CA$1.48 Million CA$40.88/day CA$- CA$1.44 Million ▲ +4543 days
2009 31597 days CA$3.00 Million CA$94.85/day CA$- CA$2.95 Million ▲ +4647 days
2008 26950 days CA$1.66 Million CA$61.50/day CA$- CA$1.60 Million ▲ +26856 days
2007 94 days CA$3.95K CA$42.00/day CA$- CA$- ▲ +86 days
2006 8 days CA$299.00 CA$36.10/day CA$- CA$- ▼ -4 days
2005 12 days CA$1.22K CA$99.11/day CA$- CA$- ▼ -117 days
2004 129 days CA$7.00K CA$54.25/day CA$- CA$- ▲ +82 days
2003 47 days CA$8.20K CA$175.57/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)