Tarku Resources Ltd (TKU) — Defensive Interval Ratio

Latest as of December 2024: 5 days

Tarku Resources Ltd (TKU) has a Defensive Interval Ratio of 5 days as of December 2024. Defensive assets of CA$11.86K (cash CA$-, short-term investments CA$-, receivables CA$11.86K) cover 5 days of daily cash needs of CA$2.60K/day.

Defensive Interval Ratio

5 days
Days of operational coverage

Defensive Assets

CA$11.86K
Cash + ST Investments + Receivables

Daily Cash Need

CA$2.60K
Current Liabilities ÷ 365

Current Liabilities

CA$947.80K
CAD

Tarku Resources Ltd Defensive Interval Ratio (2014–2024)

This chart shows how Tarku Resources Ltd's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of December 2024, the ratio stands at 5 days, meaning defensive assets of CA$11.86K can fund 5 days of operations without new revenue. For the complete balance sheet picture, see total assets of Tarku Resources Ltd.

Annual Defensive Interval Ratio for Tarku Resources Ltd (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Tarku Resources Ltd from 2014 to 2024, covering 11 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 TKU working capital 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)
2024 5 days CA$11.79K CA$2.58K/day CA$- CA$- ▼ -15 days
2023 19 days CA$29.28K CA$1.52K/day CA$- CA$- ▼ -3 days
2022 22 days CA$36.74K CA$1.64K/day CA$- CA$- ▼ -40 days
2021 63 days CA$30.10K CA$481.37/day CA$- CA$- ▼ -22 days
2020 84 days CA$31.14K CA$369.46/day CA$- CA$- ▲ +71 days
2019 14 days CA$9.26K CA$678.17/day CA$- CA$- ▼ -96 days
2018 110 days CA$37.44K CA$341.63/day CA$- CA$- ▲ +41 days
2017 69 days CA$29.38K CA$425.63/day CA$- CA$- ▲ +36 days
2016 33 days CA$10.15K CA$303.08/day CA$- CA$- ▼ -178 days
2015 212 days CA$58.98K CA$278.83/day CA$- CA$- ▲ +165 days
2014 47 days CA$22.34K CA$479.65/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)