Bell Equipment Limited (BEL) — Defensive Interval Ratio

Latest as of June 2025: 272 days

Bell Equipment Limited (BEL) has a Defensive Interval Ratio of 272 days as of June 2025. Defensive assets of ZAC1.74 Billion (cash ZAC-, short-term investments ZAC-, receivables ZAC1.74 Billion) cover 272 days of daily cash needs of ZAC6.39 Million/day. See Bell Equipment Limited (BEL) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

272 days
Days of operational coverage

Defensive Assets

ZAC1.74 Billion
Cash + ST Investments + Receivables

Daily Cash Need

ZAC6.39 Million
Current Liabilities ÷ 365

Current Liabilities

ZAC2.33 Billion
ZAC

Bell Equipment Limited Defensive Interval Ratio (2002–2024)

This chart shows how Bell Equipment Limited's Defensive Interval Ratio has evolved across 23 annual periods from 2002 to 2024. As of June 2025, the ratio stands at 272 days, meaning defensive assets of ZAC1.74 Billion can fund 272 days of operations without new revenue. See Bell Equipment Limited (BEL) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Bell Equipment Limited (2002–2024)

The table below presents the year-by-year Defensive Interval Ratio for Bell Equipment Limited from 2002 to 2024, covering 23 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 cap of Bell Equipment Limited.

Year DIR (days) Defensive Assets (ZAC) Daily Cash Need Cash ST Investments Change (days)
2024 210 days ZAC1.41 Billion ZAC6.70 Million/day ZAC- ZAC- ▲ +68 days
2023 142 days ZAC1.64 Billion ZAC11.56 Million/day ZAC- ZAC15.07 Million ▲ +38 days
2022 103 days ZAC965.45 Million ZAC9.36 Million/day ZAC- ZAC-44.19 Million ▼ -18 days
2021 121 days ZAC787.28 Million ZAC6.52 Million/day ZAC- ZAC-50.42 Million ▲ +13 days
2020 108 days ZAC701.29 Million ZAC6.51 Million/day ZAC- ZAC10.23 Million ▲ +21 days
2019 87 days ZAC721.88 Million ZAC8.29 Million/day ZAC- ZAC6.76 Million ▼ -72 days
2018 159 days ZAC1.11 Billion ZAC6.99 Million/day ZAC- ZAC6.76 Million ▼ -4 days
2017 162 days ZAC896.93 Million ZAC5.53 Million/day ZAC- ZAC13.14 Million ▼ -31 days
2016 194 days ZAC757.31 Million ZAC3.91 Million/day ZAC- ZAC5.64 Million ▼ -6 days
2015 200 days ZAC854.55 Million ZAC4.28 Million/day ZAC- ZAC12.78 Million ▲ +79 days
2014 121 days ZAC577.37 Million ZAC4.78 Million/day ZAC- ZAC2.07 Million ▼ -39 days
2013 160 days ZAC885.19 Million ZAC5.53 Million/day ZAC- ZAC578.00K ▼ -63 days
2012 223 days ZAC696.79 Million ZAC3.12 Million/day ZAC- ZAC3.21 Million ▲ +22 days
2011 201 days ZAC934.60 Million ZAC4.64 Million/day ZAC- ZAC4.48 Million ▲ +17 days
2010 185 days ZAC491.43 Million ZAC2.66 Million/day ZAC- ZAC- ▲ +36 days
2009 148 days ZAC460.13 Million ZAC3.10 Million/day ZAC- ZAC430.00K ▲ +20 days
2008 128 days ZAC660.35 Million ZAC5.15 Million/day ZAC- ZAC- ▼ -63 days
2007 192 days ZAC675.19 Million ZAC3.52 Million/day ZAC- ZAC- ▲ +36 days
2006 156 days ZAC395.88 Million ZAC2.55 Million/day ZAC- ZAC- ▼ -5 days
2005 161 days ZAC376.13 Million ZAC2.34 Million/day ZAC- ZAC- ▲ +54 days
2004 107 days ZAC246.83 Million ZAC2.31 Million/day ZAC- ZAC- ▲ +1 days
2003 106 days ZAC191.52 Million ZAC1.80 Million/day ZAC- ZAC- ▼ -48 days
2002 154 days ZAC253.17 Million ZAC1.64 Million/day ZAC- ZAC- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)