Tinka Resources Limited (TK) — Defensive Interval Ratio

Latest as of June 2024: 12 days

Tinka Resources Limited (TK) has a Defensive Interval Ratio of 12 days as of June 2024. Defensive assets of CA$17.73K (cash CA$-, short-term investments CA$-, receivables CA$17.73K) cover 12 days of daily cash needs of CA$1.43K/day. Check TK intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

12 days
Days of operational coverage

Defensive Assets

CA$17.73K
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.43K
Current Liabilities ÷ 365

Current Liabilities

CA$520.14K
CAD

Tinka Resources Limited Defensive Interval Ratio (2002–2023)

This chart shows how Tinka Resources Limited's Defensive Interval Ratio has evolved across 22 annual periods from 2002 to 2023. As of June 2024, the ratio stands at 12 days, meaning defensive assets of CA$17.73K can fund 12 days of operations without new revenue. Also explore Tinka Resources Limited annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Tinka Resources Limited (2002–2023)

The table below presents the year-by-year Defensive Interval Ratio for Tinka Resources Limited from 2002 to 2023, covering 22 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 how much is Tinka Resources Limited worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2023 9 days CA$16.02K CA$1.80K/day CA$- CA$- ▲ +2 days
2022 7 days CA$13.03K CA$1.79K/day CA$- CA$- ▼ -3 days
2021 10 days CA$17.04K CA$1.63K/day CA$- CA$- ▼ -4046 days
2020 4056 days CA$8.68 Million CA$2.14K/day CA$- CA$8.62 Million ▲ +4054 days
2019 2 days CA$5.29K CA$2.85K/day CA$- CA$- ▼ -11 days
2018 13 days CA$20.37K CA$1.61K/day CA$- CA$- ▼ -4 days
2017 17 days CA$23.94K CA$1.40K/day CA$- CA$- ▼ -3 days
2016 20 days CA$7.76K CA$389.45/day CA$- CA$- ▲ +11 days
2015 9 days CA$13.04K CA$1.51K/day CA$- CA$- ▼ -28 days
2014 37 days CA$42.35K CA$1.15K/day CA$- CA$- ▲ +25 days
2013 12 days CA$8.28K CA$698.72/day CA$- CA$- ▼ -22 days
2012 34 days CA$11.52K CA$338.77/day CA$- CA$- ▼ -4628 days
2011 4662 days CA$744.35K CA$159.66/day CA$- CA$703.32K ▲ +4636 days
2010 26 days CA$6.45K CA$251.04/day CA$- CA$- ▲ +15 days
2009 10 days CA$2.00K CA$190.01/day CA$- CA$- ▼ -53 days
2008 63 days CA$19.38K CA$305.90/day CA$- CA$- ▲ +13 days
2007 51 days CA$14.61K CA$287.41/day CA$- CA$- ▲ +20 days
2006 31 days CA$5.80K CA$189.47/day CA$- CA$- ▼ -31 days
2005 62 days CA$12.15K CA$195.77/day CA$- CA$- ▼ -445 days
2004 507 days CA$24.54K CA$48.42/day CA$- CA$- ▲ +348 days
2003 159 days CA$7.01K CA$44.18/day CA$- CA$- ▲ +156 days
2002 3 days CA$435.00 CA$153.74/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)