Steadfast Marine PT (KPAL) — Defensive Interval Ratio

Latest as of September 2020: 99 days

Steadfast Marine PT (KPAL) has a Defensive Interval Ratio of 99 days as of September 2020. Defensive assets of Rp136.89 Billion (cash Rp2.09 Billion, short-term investments Rp-, receivables Rp134.80 Billion) cover 99 days of daily cash needs of Rp1.39 Billion/day. Check KPAL tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

99 days
Days of operational coverage

Defensive Assets

Rp136.89 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rp1.39 Billion
Current Liabilities ÷ 365

Current Liabilities

Rp507.07 Billion
IDR

Steadfast Marine PT Defensive Interval Ratio (2015–2019)

This chart shows how Steadfast Marine PT's Defensive Interval Ratio has evolved across 5 annual periods from 2015 to 2019. As of September 2020, the ratio stands at 99 days, meaning defensive assets of Rp136.89 Billion can fund 99 days of operations without new revenue. Also explore KPAL net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Steadfast Marine PT (2015–2019)

The table below presents the year-by-year Defensive Interval Ratio for Steadfast Marine PT from 2015 to 2019, covering 5 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 how much is Steadfast Marine PT worth.

Year DIR (days) Defensive Assets (IDR) Daily Cash Need Cash ST Investments Change (days)
2019 102 days Rp138.11 Billion Rp1.36 Billion/day Rp5.43 Billion Rp- ▼ -6 days
2018 108 days Rp129.87 Billion Rp1.20 Billion/day Rp2.53 Billion Rp- ▲ +28 days
2017 80 days Rp88.97 Billion Rp1.11 Billion/day Rp18.72 Billion Rp- ▼ -41 days
2016 121 days Rp117.85 Billion Rp976.19 Million/day Rp479.07 Million Rp- ▼ -10 days
2015 131 days Rp103.18 Billion Rp787.01 Million/day Rp63.22 Billion Rp-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)