Tethys Petroleum Ltd (TPL) — Defensive Interval Ratio

Latest as of March 2026: 166 days

Tethys Petroleum Ltd (TPL) has a Defensive Interval Ratio of 166 days as of March 2026. Defensive assets of CA$7.48 Million (cash CA$-, short-term investments CA$-, receivables CA$7.48 Million) cover 166 days of daily cash needs of CA$45.15K/day.

Defensive Interval Ratio

166 days
Days of operational coverage

Defensive Assets

CA$7.48 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$45.15K
Current Liabilities ÷ 365

Current Liabilities

CA$16.48 Million
CAD

Tethys Petroleum Ltd Defensive Interval Ratio (2007–2025)

This chart shows how Tethys Petroleum Ltd's Defensive Interval Ratio has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 166 days, meaning defensive assets of CA$7.48 Million can fund 166 days of operations without new revenue. For the complete balance sheet picture, see Tethys Petroleum Ltd total assets.

Annual Defensive Interval Ratio for Tethys Petroleum Ltd (2007–2025)

The table below presents the year-by-year Defensive Interval Ratio for Tethys Petroleum Ltd from 2007 to 2025, covering 19 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 Tethys Petroleum Ltd working capital to net assets 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)
2025 18 days CA$819.00K CA$45.96K/day CA$- CA$- ▲ +18 days
2024 0 days CA$0.00 CA$16.35K/day CA$- CA$- ▼ -222 days
2023 222 days CA$2.96 Million CA$13.36K/day CA$- CA$- ▲ +74 days
2022 147 days CA$7.94 Million CA$53.87K/day CA$- CA$- ▲ +108 days
2021 39 days CA$3.72 Million CA$95.84K/day CA$- CA$- ▼ -17 days
2020 56 days CA$2.59 Million CA$46.66K/day CA$- CA$- ▲ +35 days
2019 21 days CA$2.91 Million CA$141.38K/day CA$- CA$- ▼ -4 days
2018 24 days CA$2.51 Million CA$102.95K/day CA$- CA$- ▲ +5 days
2017 20 days CA$2.98 Million CA$150.45K/day CA$- CA$- ▼ -24 days
2016 44 days CA$6.53 Million CA$147.42K/day CA$- CA$- ▼ -11 days
2015 56 days CA$3.71 Million CA$66.80K/day CA$- CA$- ▲ +47 days
2014 8 days CA$634.00K CA$75.22K/day CA$- CA$- ▼ -7 days
2013 15 days CA$1.36 Million CA$87.74K/day CA$- CA$- ▼ -136 days
2012 152 days CA$10.11 Million CA$66.64K/day CA$- CA$- ▲ +20 days
2011 131 days CA$7.49 Million CA$57.08K/day CA$- CA$- ▲ +51 days
2010 80 days CA$3.68 Million CA$45.73K/day CA$- CA$- ▲ +11 days
2009 70 days CA$2.31 Million CA$33.24K/day CA$- CA$- ▼ -45 days
2008 114 days CA$1.12 Million CA$9.83K/day CA$- CA$- ▲ +79 days
2007 35 days CA$219.00K CA$6.24K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)