Teras Resources Inc Defensive Interval Ratio

Latest as of February 2023: 5 days

Teras Resources Inc defensive interval ratio. Teras Resources Inc (TRA) has a Defensive Interval Ratio of 5 days as of February 2023. Defensive assets of CA$11.72K (cash CA$-, short-term investments CA$-, receivables CA$11.72K) cover 5 days of daily cash needs of CA$2.56K/day. See Teras Resources Inc (TRA) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

5 days
Days of operational coverage

Defensive Assets

CA$11.72K
Cash + ST Investments + Receivables

Daily Cash Need

CA$2.56K
Current Liabilities ÷ 365

Current Liabilities

CA$932.72K
CAD

Defensive Interval Ratio of Teras Resources Inc (2011–2022)

Defensive interval ratio of Teras Resources Inc from 2011 to 2022. This chart shows how Teras Resources Inc's Defensive Interval Ratio has evolved across 12 annual periods from 2011 to 2022. As of February 2023, the ratio stands at 5 days, meaning defensive assets of CA$11.72K can fund 5 days of operations without new revenue. Read TRA current and long-term liabilities for a breakdown of total debt and financial obligations.

Teras Resources Inc Defensive Interval Ratio by Year (2011–2022)

Teras Resources Inc defensive interval ratio by year from 2011 to 2022. The table below presents the year-by-year Defensive Interval Ratio for Teras Resources Inc from 2011 to 2022, covering 12 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 the complete balance sheet picture, see TRA total asset value.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 7 days CA$16.07K CA$2.19K/day CA$- CA$- ▼ 0 days
2021 8 days CA$20.75K CA$2.74K/day CA$- CA$- ▼ -1 days
2020 8 days CA$20.23K CA$2.40K/day CA$- CA$- ▼ -20 days
2019 28 days CA$22.20K CA$781.65/day CA$- CA$- ▼ -18 days
2018 46 days CA$23.06K CA$497.12/day CA$- CA$- ▼ -1 days
2017 47 days CA$25.73K CA$548.63/day CA$- CA$- ▲ +6 days
2016 41 days CA$25.49K CA$616.98/day CA$- CA$- ▲ +21 days
2015 20 days CA$34.05K CA$1.69K/day CA$- CA$- ▲ +9 days
2014 11 days CA$35.09K CA$3.23K/day CA$- CA$- ▲ +2 days
2013 9 days CA$29.52K CA$3.34K/day CA$- CA$- ▼ -88 days
2012 96 days CA$189.55K CA$1.97K/day CA$- CA$- ▲ +76 days
2011 21 days CA$42.02K CA$2.03K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)