Torr Metals Inc (TMET) — Defensive Interval Ratio
Torr Metals Inc (TMET) has a Defensive Interval Ratio of 0 days as of April 2024. Defensive assets of CA$0.00 (cash CA$-, short-term investments CA$-, receivables CA$0.00) cover 0 days of daily cash needs of CA$148.20/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Torr Metals Inc Defensive Interval Ratio (2021–2024)
This chart shows how Torr Metals Inc's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of April 2024, the ratio stands at 0 days, meaning defensive assets of CA$0.00 can fund 0 days of operations without new revenue. For the complete balance sheet picture, see Torr Metals Inc (TMET) total assets.
Annual Defensive Interval Ratio for Torr Metals Inc (2021–2024)
The table below presents the year-by-year Defensive Interval Ratio for Torr Metals Inc from 2021 to 2024, covering 4 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 working capital to net assets of Torr Metals Inc 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 | 0 days | CA$0.00 | CA$148.20/day | CA$- | CA$- | ▼ -1 days |
| 2023 | 1 days | CA$867.00 | CA$1.15K/day | CA$- | CA$- | ▼ -1 days |
| 2022 | 1 days | CA$867.00 | CA$633.97/day | CA$- | CA$- | ▼ -15 days |
| 2021 | 16 days | CA$633.00 | CA$39.57/day | CA$- | CA$- | — |