Thermal Energy International Inc. (TMG) — Defensive Interval Ratio

Latest as of November 2025: 285 days

Thermal Energy International Inc. (TMG) has a Defensive Interval Ratio of 285 days as of November 2025. Defensive assets of CA$6.89 Million (cash CA$-, short-term investments CA$-, receivables CA$6.89 Million) cover 285 days of daily cash needs of CA$24.14K/day. Check TMG intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

285 days
Days of operational coverage

Defensive Assets

CA$6.89 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$24.14K
Current Liabilities ÷ 365

Current Liabilities

CA$8.81 Million
CAD

Thermal Energy International Inc. Defensive Interval Ratio (1997–2025)

This chart shows how Thermal Energy International Inc.'s Defensive Interval Ratio has evolved across 28 annual periods from 1997 to 2025. As of November 2025, the ratio stands at 285 days, meaning defensive assets of CA$6.89 Million can fund 285 days of operations without new revenue. Also explore TMG shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Thermal Energy International Inc. (1997–2025)

The table below presents the year-by-year Defensive Interval Ratio for Thermal Energy International Inc. from 1997 to 2025, covering 28 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 TMG company net worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 213 days CA$4.39 Million CA$20.58K/day CA$15.74K CA$- ▲ +75 days
2024 138 days CA$4.06 Million CA$29.32K/day CA$15.39K CA$- ▼ -142 days
2023 280 days CA$6.14 Million CA$21.90K/day CA$15.13K CA$- ▲ +9 days
2022 272 days CA$3.16 Million CA$11.61K/day CA$- CA$- ▲ +32 days
2021 240 days CA$3.14 Million CA$13.07K/day CA$- CA$- ▲ +81 days
2020 159 days CA$2.27 Million CA$14.22K/day CA$- CA$- ▲ +10 days
2019 149 days CA$2.44 Million CA$16.32K/day CA$- CA$- ▼ -57 days
2018 207 days CA$2.60 Million CA$12.56K/day CA$- CA$- ▲ +1 days
2017 206 days CA$2.70 Million CA$13.13K/day CA$- CA$- ▼ -72 days
2016 278 days CA$2.18 Million CA$7.83K/day CA$- CA$- ▼ -6 days
2015 284 days CA$2.46 Million CA$8.66K/day CA$- CA$- ▼ -97 days
2014 381 days CA$2.61 Million CA$6.86K/day CA$- CA$- ▲ +51 days
2013 330 days CA$1.89 Million CA$5.73K/day CA$- CA$- ▼ -89 days
2012 419 days CA$3.66 Million CA$8.74K/day CA$- CA$- ▼ -128 days
2011 548 days CA$3.04 Million CA$5.55K/day CA$- CA$653.81K ▲ +165 days
2010 383 days CA$2.21 Million CA$5.79K/day CA$- CA$534.28K ▲ +71 days
2009 312 days CA$1.74 Million CA$5.57K/day CA$- CA$332.58K ▲ +176 days
2008 136 days CA$1.41 Million CA$10.34K/day CA$- CA$552.77K ▼ -216 days
2007 352 days CA$1.45 Million CA$4.12K/day CA$- CA$1.02 Million ▲ +166 days
2006 186 days CA$626.50K CA$3.37K/day CA$- CA$- ▼ -64 days
2005 250 days CA$1.03 Million CA$4.12K/day CA$- CA$800.26K ▲ +190 days
2004 60 days CA$251.18K CA$4.20K/day CA$- CA$- ▼ -8 days
2003 68 days CA$426.54K CA$6.25K/day CA$- CA$- ▼ -78 days
2002 146 days CA$555.28K CA$3.79K/day CA$- CA$- ▼ -194 days
2001 341 days CA$2.41 Million CA$7.07K/day CA$- CA$- ▲ +321 days
2000 19 days CA$60.08K CA$3.11K/day CA$- CA$- ▼ -26 days
1998 45 days CA$127.37K CA$2.82K/day CA$- CA$- ▲ +44 days
1997 1 days CA$3.67K CA$3.25K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)