Torq Resources Inc (TORQ) — Defensive Interval Ratio

Latest as of September 2025: 1 days

Torq Resources Inc (TORQ) has a Defensive Interval Ratio of 1 days as of September 2025. Defensive assets of CA$11.35K (cash CA$-, short-term investments CA$-, receivables CA$11.35K) cover 1 days of daily cash needs of CA$15.36K/day.

Defensive Interval Ratio

1 days
Days of operational coverage

Defensive Assets

CA$11.35K
Cash + ST Investments + Receivables

Daily Cash Need

CA$15.36K
Current Liabilities ÷ 365

Current Liabilities

CA$5.61 Million
CAD

Torq Resources Inc Defensive Interval Ratio (2005–2024)

This chart shows how Torq Resources Inc's Defensive Interval Ratio has evolved across 20 annual periods from 2005 to 2024. As of September 2025, the ratio stands at 1 days, meaning defensive assets of CA$11.35K can fund 1 days of operations without new revenue. For the complete balance sheet picture, see Torq Resources Inc assets under control.

Annual Defensive Interval Ratio for Torq Resources Inc (2005–2024)

The table below presents the year-by-year Defensive Interval Ratio for Torq Resources Inc from 2005 to 2024, covering 20 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 TORQ net working capital ratio 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 2 days CA$17.88K CA$7.73K/day CA$- CA$- ▼ -9 days
2023 11 days CA$37.13K CA$3.28K/day CA$- CA$- ▼ -3 days
2022 15 days CA$65.90K CA$4.49K/day CA$- CA$- ▼ -66 days
2021 81 days CA$150.26K CA$1.85K/day CA$- CA$- ▲ +4 days
2020 77 days CA$42.95K CA$555.94/day CA$- CA$- ▼ -12 days
2019 89 days CA$53.68K CA$600.71/day CA$- CA$28.75K ▲ +15 days
2018 75 days CA$46.88K CA$628.32/day CA$- CA$28.75K ▼ -520 days
2017 595 days CA$328.72K CA$552.65/day CA$- CA$- ▲ +576 days
2016 18 days CA$31.94K CA$1.74K/day CA$- CA$- ▲ +18 days
2015 1 days CA$1.10K CA$1.75K/day CA$- CA$- ▼ -3 days
2014 3 days CA$5.80K CA$1.76K/day CA$- CA$- ▼ -85 days
2013 88 days CA$158.81K CA$1.80K/day CA$- CA$- ▼ -70 days
2012 158 days CA$401.39K CA$2.54K/day CA$- CA$- ▼ -173 days
2011 331 days CA$910.26K CA$2.75K/day CA$- CA$- ▲ +17 days
2010 314 days CA$11.42K CA$36.32/day CA$- CA$- ▲ +246 days
2009 68 days CA$5.61K CA$82.34/day CA$- CA$- ▼ -284 days
2008 353 days CA$21.67K CA$61.48/day CA$- CA$- ▲ +311 days
2007 41 days CA$33.58K CA$817.78/day CA$- CA$- ▲ +17 days
2006 25 days CA$8.83K CA$359.89/day CA$- CA$- ▼ -36 days
2005 61 days CA$20.28K CA$333.20/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)