Theralase Technologies Inc. (TLT) — Defensive Interval Ratio

Latest as of March 2026: 0 days

Theralase Technologies Inc. (TLT) has a Defensive Interval Ratio of 0 days as of March 2026. Defensive assets of CA$2.43K (cash CA$-, short-term investments CA$-, receivables CA$2.43K) cover 0 days of daily cash needs of CA$5.06K/day. See Theralase Technologies Inc. short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

CA$2.43K
Cash + ST Investments + Receivables

Daily Cash Need

CA$5.06K
Current Liabilities ÷ 365

Current Liabilities

CA$1.85 Million
CAD

Theralase Technologies Inc. Defensive Interval Ratio (2003–2025)

This chart shows how Theralase Technologies Inc.'s Defensive Interval Ratio has evolved across 23 annual periods from 2003 to 2025. As of March 2026, the ratio stands at 0 days, meaning defensive assets of CA$2.43K can fund 0 days of operations without new revenue. See Theralase Technologies Inc. balance sheet quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Theralase Technologies Inc. (2003–2025)

The table below presents the year-by-year Defensive Interval Ratio for Theralase Technologies Inc. from 2003 to 2025, covering 23 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 Theralase Technologies Inc. (TLT) market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 0 days CA$1.21K CA$4.45K/day CA$- CA$- ▼ 0 days
2024 1 days CA$2.05K CA$2.70K/day CA$- CA$- ▼ -202 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)