Incitec Pivot Ltd (IPL) — Defensive Interval Ratio

Latest as of September 2024: 178 days

Incitec Pivot Ltd (IPL) has a Defensive Interval Ratio of 178 days as of September 2024. Defensive assets of AU$649.50 Million (cash AU$-, short-term investments AU$2.40 Million, receivables AU$647.10 Million) cover 178 days of daily cash needs of AU$3.65 Million/day. Check tangible equity quality of Incitec Pivot Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

178 days
Days of operational coverage

Defensive Assets

AU$649.50 Million
Cash + ST Investments + Receivables

Daily Cash Need

AU$3.65 Million
Current Liabilities ÷ 365

Current Liabilities

AU$1.33 Billion
AUD

Incitec Pivot Ltd Defensive Interval Ratio (2000–2024)

This chart shows how Incitec Pivot Ltd's Defensive Interval Ratio has evolved across 25 annual periods from 2000 to 2024. As of September 2024, the ratio stands at 178 days, meaning defensive assets of AU$649.50 Million can fund 178 days of operations without new revenue. Also explore IPL year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Incitec Pivot Ltd (2000–2024)

The table below presents the year-by-year Defensive Interval Ratio for Incitec Pivot Ltd from 2000 to 2024, covering 25 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 Incitec Pivot Ltd stock valuation.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 178 days AU$649.50 Million AU$3.65 Million/day AU$- AU$2.40 Million ▼ -34 days
2023 212 days AU$760.00 Million AU$3.58 Million/day AU$- AU$189.90 Million ▼ -39 days
2022 251 days AU$1.26 Billion AU$5.00 Million/day AU$- AU$499.00 Million ▲ +39 days
2021 212 days AU$887.50 Million AU$4.19 Million/day AU$- AU$399.90 Million ▼ -14 days
2020 226 days AU$822.90 Million AU$3.64 Million/day AU$- AU$449.00 Million ▲ +111 days
2019 115 days AU$791.70 Million AU$6.86 Million/day AU$- AU$475.00 Million ▼ -85 days
2018 201 days AU$773.20 Million AU$3.86 Million/day AU$- AU$461.70 Million ▼ -32 days
2017 233 days AU$742.40 Million AU$3.19 Million/day AU$- AU$404.70 Million ▲ +142 days
2016 90 days AU$265.30 Million AU$2.93 Million/day AU$- AU$9.20 Million ▲ +33 days
2015 57 days AU$297.90 Million AU$5.20 Million/day AU$- AU$9.10 Million ▼ -47 days
2014 104 days AU$282.40 Million AU$2.71 Million/day AU$- AU$16.90 Million ▼ -2 days
2013 106 days AU$336.90 Million AU$3.18 Million/day AU$- AU$5.60 Million ▼ -29 days
2012 135 days AU$405.10 Million AU$2.99 Million/day AU$- AU$32.20 Million ▼ -19 days
2011 155 days AU$492.70 Million AU$3.19 Million/day AU$- AU$40.80 Million ▼ -65 days
2010 219 days AU$549.10 Million AU$2.51 Million/day AU$- AU$111.60 Million ▲ +87 days
2009 132 days AU$426.60 Million AU$3.22 Million/day AU$- AU$71.20 Million ▲ +68 days
2008 65 days AU$655.60 Million AU$10.14 Million/day AU$- AU$30.30 Million ▼ -405 days
2007 470 days AU$459.50 Million AU$977.53K/day AU$- AU$292.10 Million ▲ +346 days
2006 124 days AU$123.46 Million AU$992.30K/day AU$- AU$2.02 Million ▲ +1 days
2005 123 days AU$88.24 Million AU$715.14K/day AU$- AU$12.34 Million ▼ -129 days
2004 252 days AU$206.89 Million AU$819.35K/day AU$- AU$83.14 Million ▲ +67 days
2003 185 days AU$108.99 Million AU$589.06K/day AU$- AU$- ▲ +43 days
2002 142 days AU$48.97 Million AU$344.05K/day AU$- AU$- ▼ -65 days
2001 208 days AU$79.49 Million AU$382.72K/day AU$- AU$- ▲ +37 days
2000 170 days AU$105.06 Million AU$616.85K/day AU$- AU$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)