Torr Metals Inc (TMET) — Defensive Interval Ratio

Latest as of April 2024: 0 days

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. Check tangible equity quality of Torr Metals Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

CA$0.00
Cash + ST Investments + Receivables

Daily Cash Need

CA$148.20
Current Liabilities ÷ 365

Current Liabilities

CA$54.09K
CAD

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. Also explore Torr Metals Inc annual equity growth to track the company's year-over-year net asset growth rate.

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. For live market cap and the full company financial profile, see TMET stock market capitalisation.

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$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)