Till Capital Ltd (TIL) — Defensive Interval Ratio
Till Capital Ltd (TIL) has a Defensive Interval Ratio of 3985 days as of March 2024. Defensive assets of CA$2.05 Million (cash CA$-, short-term investments CA$1.17 Million, receivables CA$875.17K) cover 3985 days of daily cash needs of CA$514.00/day. Check tangible net worth ratio of Till Capital Ltd to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Till Capital Ltd Defensive Interval Ratio (2012–2023)
This chart shows how Till Capital Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2012 to 2023. As of March 2024, the ratio stands at 3985 days, meaning defensive assets of CA$2.05 Million can fund 3985 days of operations without new revenue. Also explore net asset growth rate of Till Capital Ltd to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Till Capital Ltd (2012–2023)
The table below presents the year-by-year Defensive Interval Ratio for Till Capital Ltd from 2012 to 2023, 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. For live market cap and the full company financial profile, see Till Capital Ltd stock valuation.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 11933 days | CA$2.35 Million | CA$196.70/day | CA$- | CA$1.49 Million | ▲ +9606 days |
| 2022 | 2327 days | CA$3.50 Million | CA$1.51K/day | CA$- | CA$3.50 Million | ▼ -89990 days |
| 2021 | 92317 days | CA$10.92 Million | CA$118.26/day | CA$- | CA$10.91 Million | ▲ +91582 days |
| 2020 | 735 days | CA$267.40K | CA$364.00/day | CA$- | CA$259.83K | ▼ -176 days |
| 2019 | 910 days | CA$402.56K | CA$442.24/day | CA$- | CA$- | ▲ +286 days |
| 2018 | 624 days | CA$24.42 Million | CA$39.10K/day | CA$- | CA$10.08 Million | ▲ +68 days |
| 2017 | 557 days | CA$632.11K | CA$1.14K/day | CA$- | CA$240.95K | ▼ -1766 days |
| 2016 | 2323 days | CA$20.32 Million | CA$8.75K/day | CA$- | CA$15.52 Million | ▲ +787 days |
| 2015 | 1536 days | CA$29.56 Million | CA$19.25K/day | CA$- | CA$25.10 Million | ▲ +1492 days |
| 2014 | 43 days | CA$913.12K | CA$21.01K/day | CA$- | CA$876.74K | ▼ -2878 days |
| 2013 | 2922 days | CA$15.32 Million | CA$5.24K/day | CA$- | CA$1.03 Million | ▲ +2222 days |
| 2012 | 700 days | CA$3.17 Million | CA$4.53K/day | CA$- | CA$1.89 Million | — |