Forza Land Indonesia Tbk PT (FORZ) — Defensive Interval Ratio

Latest as of September 2020: 123 days

Forza Land Indonesia Tbk PT (FORZ) has a Defensive Interval Ratio of 123 days as of September 2020. Defensive assets of Rp73.92 Billion (cash Rp0.00, short-term investments Rp-, receivables Rp73.92 Billion) cover 123 days of daily cash needs of Rp599.20 Million/day. Check FORZ tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

123 days
Days of operational coverage

Defensive Assets

Rp73.92 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rp599.20 Million
Current Liabilities ÷ 365

Current Liabilities

Rp218.71 Billion
IDR

Forza Land Indonesia Tbk PT Defensive Interval Ratio (2013–2019)

This chart shows how Forza Land Indonesia Tbk PT's Defensive Interval Ratio has evolved across 7 annual periods from 2013 to 2019. As of September 2020, the ratio stands at 123 days, meaning defensive assets of Rp73.92 Billion can fund 123 days of operations without new revenue. Also explore Forza Land Indonesia Tbk PT (FORZ) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Forza Land Indonesia Tbk PT (2013–2019)

The table below presents the year-by-year Defensive Interval Ratio for Forza Land Indonesia Tbk PT from 2013 to 2019, covering 7 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 Forza Land Indonesia Tbk PT market cap and net worth.

Year DIR (days) Defensive Assets (IDR) Daily Cash Need Cash ST Investments Change (days)
2019 82 days Rp71.92 Billion Rp873.00 Million/day Rp- Rp- ▼ -328 days
2018 411 days Rp62.05 Billion Rp151.15 Million/day Rp- Rp0.00 ▼ -70 days
2017 481 days Rp65.29 Billion Rp135.81 Million/day Rp26.17 Billion Rp- ▲ +451 days
2016 30 days Rp13.01 Billion Rp430.44 Million/day Rp11.67 Billion Rp- ▼ -14 days
2015 44 days Rp10.76 Billion Rp245.34 Million/day Rp10.76 Billion Rp- ▼ -137 days
2014 181 days Rp8.70 Billion Rp48.20 Million/day Rp8.70 Billion Rp- ▲ +169 days
2013 11 days Rp360.96 Million Rp32.30 Million/day Rp- Rp-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)