Total Helium Ltd (TOH) — Defensive Interval Ratio

Latest as of December 2024: 11 days

Total Helium Ltd (TOH) has a Defensive Interval Ratio of 11 days as of December 2024. Defensive assets of CA$61.00K (cash CA$-, short-term investments CA$-, receivables CA$61.00K) cover 11 days of daily cash needs of CA$5.38K/day. See TOH net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

11 days
Days of operational coverage

Defensive Assets

CA$61.00K
Cash + ST Investments + Receivables

Daily Cash Need

CA$5.38K
Current Liabilities ÷ 365

Current Liabilities

CA$1.96 Million
CAD

Total Helium Ltd Defensive Interval Ratio (2021–2024)

This chart shows how Total Helium Ltd's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of December 2024, the ratio stands at 11 days, meaning defensive assets of CA$61.00K can fund 11 days of operations without new revenue. See net asset quality index of Total Helium Ltd to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Total Helium Ltd (2021–2024)

The table below presents the year-by-year Defensive Interval Ratio for Total Helium Ltd 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 TOH company net worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 15 days CA$64.00K CA$4.29K/day CA$- CA$- ▼ -222 days
2023 237 days CA$129.00K CA$545.21/day CA$- CA$- ▲ +216 days
2022 21 days CA$30.00K CA$1.45K/day CA$- CA$- ▲ +19 days
2021 2 days CA$2.27K CA$1.40K/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)