Empresa Distribuidora Electrica Regional SA (EMDE) — Defensive Interval Ratio

Latest as of September 2021: 124 days

Empresa Distribuidora Electrica Regional SA (EMDE) has a Defensive Interval Ratio of 124 days as of September 2021. Defensive assets of AR$3.09 Billion (cash AR$-, short-term investments AR$344.30 Million, receivables AR$2.75 Billion) cover 124 days of daily cash needs of AR$24.92 Million/day. Check tangible equity quality of Empresa Distribuidora Electrica Regional to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

124 days
Days of operational coverage

Defensive Assets

AR$3.09 Billion
Cash + ST Investments + Receivables

Daily Cash Need

AR$24.92 Million
Current Liabilities ÷ 365

Current Liabilities

AR$9.10 Billion
ARS

Empresa Distribuidora Electrica Regional SA Defensive Interval Ratio (2017–2020)

This chart shows how Empresa Distribuidora Electrica Regional SA's Defensive Interval Ratio has evolved across 4 annual periods from 2017 to 2020. As of September 2021, the ratio stands at 124 days, meaning defensive assets of AR$3.09 Billion can fund 124 days of operations without new revenue. Also explore Empresa Distribuidora Electrica Regional equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Empresa Distribuidora Electrica Regional SA (2017–2020)

The table below presents the year-by-year Defensive Interval Ratio for Empresa Distribuidora Electrica Regional SA from 2017 to 2020, covering 4 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 market value of Empresa Distribuidora Electrica Regional.

Year DIR (days) Defensive Assets (ARS) Daily Cash Need Cash ST Investments Change (days)
2020 123 days AR$1.71 Billion AR$13.93 Million/day AR$- AR$- ▼ -104 days
2019 227 days AR$1.41 Billion AR$6.20 Million/day AR$- AR$- ▼ -27 days
2018 254 days AR$935.76 Million AR$3.69 Million/day AR$- AR$13.69 Million ▼ -26 days
2017 280 days AR$655.70 Million AR$2.35 Million/day AR$- AR$46.07 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)