African Rainbow Capital Investments Ltd (AIL) — Defensive Interval Ratio

Latest as of December 2023: 91250 days

African Rainbow Capital Investments Ltd (AIL) has a Defensive Interval Ratio of 91250 days as of December 2023. Defensive assets of ZAC750.00 Million (cash ZAC-, short-term investments ZAC750.00 Million, receivables ZAC-) cover 91250 days of daily cash needs of ZAC8.22K/day. Check AIL intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

91250 days
Days of operational coverage

Defensive Assets

ZAC750.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

ZAC8.22K
Current Liabilities ÷ 365

Current Liabilities

ZAC3.00 Million
ZAC

African Rainbow Capital Investments Ltd Defensive Interval Ratio (2018–2023)

This chart shows how African Rainbow Capital Investments Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2018 to 2023. As of December 2023, the ratio stands at 91250 days, meaning defensive assets of ZAC750.00 Million can fund 91250 days of operations without new revenue. Also explore AIL net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for African Rainbow Capital Investments Ltd (2018–2023)

The table below presents the year-by-year Defensive Interval Ratio for African Rainbow Capital Investments Ltd from 2018 to 2023, 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 African Rainbow Capital Investments Ltd market capitalisation.

Year DIR (days) Defensive Assets (ZAC) Daily Cash Need Cash ST Investments Change (days)
2023 -382338 days ZAC-2.10 Billion ZAC5.48K/day ZAC- ZAC-2.10 Billion ▲ +208598 days
2022 -590935 days ZAC-1.62 Billion ZAC2.74K/day ZAC- ZAC-1.62 Billion ▲ +17520 days
2021 -608455 days ZAC-1.67 Billion ZAC2.74K/day ZAC- ZAC-1.67 Billion ▼ -561370 days
2020 -47085 days ZAC-129.00 Million ZAC2.74K/day ZAC- ZAC-129.00 Million ▲ +0 days
2019 -47085 days ZAC-129.00 Million ZAC2.74K/day ZAC- ZAC-129.00 Million ▼ -47369 days
2018 284 days ZAC700.00K ZAC2.47K/day ZAC- ZAC-300.00K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)