Theralase Technologies Inc. (TLT) — Defensive Interval Ratio

Latest as of September 2025: 13 days

Theralase Technologies Inc. (TLT) has a Defensive Interval Ratio of 13 days as of September 2025. Defensive assets of CA$65.10K (cash CA$-, short-term investments CA$-, receivables CA$65.10K) cover 13 days of daily cash needs of CA$4.93K/day. Check Theralase Technologies Inc. (TLT) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

13 days
Days of operational coverage

Defensive Assets

CA$65.10K
Cash + ST Investments + Receivables

Daily Cash Need

CA$4.93K
Current Liabilities ÷ 365

Current Liabilities

CA$1.80 Million
CAD

Theralase Technologies Inc. Defensive Interval Ratio (2003–2024)

This chart shows how Theralase Technologies Inc.'s Defensive Interval Ratio has evolved across 22 annual periods from 2003 to 2024. As of September 2025, the ratio stands at 13 days, meaning defensive assets of CA$65.10K can fund 13 days of operations without new revenue. Also explore Theralase Technologies Inc. equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Theralase Technologies Inc. (2003–2024)

The table below presents the year-by-year Defensive Interval Ratio for Theralase Technologies Inc. from 2003 to 2024, 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 market value of Theralase Technologies Inc..

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 62 days CA$166.66K CA$2.70K/day CA$- CA$- ▼ -141 days
2023 203 days CA$598.57K CA$2.95K/day CA$- CA$- ▼ -31 days
2022 234 days CA$436.61K CA$1.87K/day CA$- CA$- ▲ +109 days
2021 125 days CA$300.04K CA$2.40K/day CA$- CA$- ▼ -90 days
2020 216 days CA$485.24K CA$2.25K/day CA$- CA$- ▲ +18 days
2019 198 days CA$824.13K CA$4.16K/day CA$- CA$- ▲ +85 days
2018 112 days CA$790.46K CA$7.03K/day CA$- CA$- ▼ -220 days
2017 333 days CA$1.16 Million CA$3.50K/day CA$- CA$- ▼ -464 days
2016 797 days CA$1.20 Million CA$1.51K/day CA$- CA$- ▲ +249 days
2015 548 days CA$1.18 Million CA$2.15K/day CA$- CA$- ▲ +99 days
2014 449 days CA$630.11K CA$1.40K/day CA$- CA$- ▲ +325 days
2013 124 days CA$310.74K CA$2.50K/day CA$- CA$- ▼ -30 days
2012 154 days CA$499.83K CA$3.24K/day CA$- CA$- ▼ -99 days
2011 253 days CA$647.80K CA$2.56K/day CA$- CA$- ▼ -30 days
2010 283 days CA$492.33K CA$1.74K/day CA$- CA$- ▼ -62 days
2009 345 days CA$563.56K CA$1.63K/day CA$- CA$- ▲ +91 days
2008 254 days CA$487.06K CA$1.92K/day CA$- CA$- ▼ -157 days
2007 411 days CA$327.85K CA$798.13/day CA$- CA$- ▼ -84 days
2006 495 days CA$425.55K CA$859.57/day CA$- CA$- ▼ -810 days
2005 1305 days CA$568.30K CA$435.59/day CA$- CA$314.50K ▼ -90 days
2004 1395 days CA$614.21K CA$440.24/day CA$- CA$399.01K ▲ +1218 days
2003 178 days CA$92.66K CA$521.78/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)