IRSA Propiedades Comerciales S.A (IRCP) — Defensive Interval Ratio

Latest as of September 2021: 658 days

IRSA Propiedades Comerciales S.A (IRCP) has a Defensive Interval Ratio of 658 days as of September 2021. Defensive assets of AR$22.14 Billion (cash AR$-, short-term investments AR$11.60 Billion, receivables AR$10.54 Billion) cover 658 days of daily cash needs of AR$33.65 Million/day. See how liquid is IRSA Propiedades Comerciales S.A's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

658 days
Days of operational coverage

Defensive Assets

AR$22.14 Billion
Cash + ST Investments + Receivables

Daily Cash Need

AR$33.65 Million
Current Liabilities ÷ 365

Current Liabilities

AR$12.28 Billion
ARS

IRSA Propiedades Comerciales S.A Defensive Interval Ratio (2016–2021)

This chart shows how IRSA Propiedades Comerciales S.A's Defensive Interval Ratio has evolved across 6 annual periods from 2016 to 2021. As of September 2021, the ratio stands at 658 days, meaning defensive assets of AR$22.14 Billion can fund 658 days of operations without new revenue. See IRSA Propiedades Comerciales S.A balance sheet quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for IRSA Propiedades Comerciales S.A (2016–2021)

The table below presents the year-by-year Defensive Interval Ratio for IRSA Propiedades Comerciales S.A from 2016 to 2021, covering 6 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 IRSA Propiedades Comerciales S.A (IRCP) total market value.

Year DIR (days) Defensive Assets (ARS) Daily Cash Need Cash ST Investments Change (days)
2021 607 days AR$21.81 Billion AR$35.95 Million/day AR$- AR$8.11 Billion ▲ +426 days
2020 181 days AR$12.24 Billion AR$67.58 Million/day AR$- AR$6.27 Billion ▼ -820 days
2019 1001 days AR$15.90 Billion AR$15.88 Million/day AR$- AR$6.07 Billion ▲ +293 days
2018 709 days AR$7.90 Billion AR$11.15 Million/day AR$- AR$5.15 Billion ▲ +174 days
2017 534 days AR$2.64 Billion AR$4.93 Million/day AR$- AR$1.18 Billion ▲ +28 days
2016 507 days AR$2.53 Billion AR$4.99 Million/day AR$- AR$1.77 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)