Troubadour Resources Inc (TR) — Defensive Interval Ratio

Latest as of September 2025: 89 days

Troubadour Resources Inc (TR) has a Defensive Interval Ratio of 89 days as of September 2025. Defensive assets of CA$79.60K (cash CA$-, short-term investments CA$-, receivables CA$79.60K) cover 89 days of daily cash needs of CA$892.47/day. Check TR goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

89 days
Days of operational coverage

Defensive Assets

CA$79.60K
Cash + ST Investments + Receivables

Daily Cash Need

CA$892.47
Current Liabilities ÷ 365

Current Liabilities

CA$325.75K
CAD

Troubadour Resources Inc Defensive Interval Ratio (2016–2024)

This chart shows how Troubadour Resources Inc's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 89 days, meaning defensive assets of CA$79.60K can fund 89 days of operations without new revenue. Also explore Troubadour Resources Inc (TR) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Troubadour Resources Inc (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Troubadour Resources Inc from 2016 to 2024, covering 9 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 Troubadour Resources Inc (TR) market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 169 days CA$240.51K CA$1.43K/day CA$- CA$- ▲ +167 days
2023 2 days CA$2.96K CA$1.53K/day CA$- CA$- ▼ -1 days
2022 3 days CA$2.72K CA$986.32/day CA$- CA$- ▼ -2 days
2021 5 days CA$3.22K CA$645.24/day CA$- CA$- ▼ -4 days
2020 9 days CA$5.67K CA$616.15/day CA$- CA$- ▼ -83 days
2019 92 days CA$17.61K CA$190.62/day CA$- CA$- ▲ +32 days
2018 60 days CA$28.31K CA$468.72/day CA$- CA$- ▲ +35 days
2017 25 days CA$4.93K CA$197.16/day CA$- CA$- ▼ -6 days
2016 31 days CA$15.63K CA$502.23/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)