Conduit Capital Ltd (CND) — Defensive Interval Ratio

Latest as of December 2021: 94 days

Conduit Capital Ltd (CND) has a Defensive Interval Ratio of 94 days as of December 2021. Defensive assets of ZAC189.25 Million (cash ZAC-, short-term investments ZAC-, receivables ZAC189.25 Million) cover 94 days of daily cash needs of ZAC2.00 Million/day. Explore Conduit Capital Ltd strategic investment ratio to see how much of total assets are deployed in long-term investments.

Defensive Interval Ratio

94 days
Days of operational coverage

Defensive Assets

ZAC189.25 Million
Cash + ST Investments + Receivables

Daily Cash Need

ZAC2.00 Million
Current Liabilities ÷ 365

Current Liabilities

ZAC731.18 Million
ZAC

Conduit Capital Ltd Defensive Interval Ratio (2014–2021)

This chart shows how Conduit Capital Ltd's Defensive Interval Ratio has evolved across 8 annual periods from 2014 to 2021. As of December 2021, the ratio stands at 94 days, meaning defensive assets of ZAC189.25 Million can fund 94 days of operations without new revenue. Read total liabilities of Conduit Capital Ltd for a breakdown of total debt and financial obligations.

Annual Defensive Interval Ratio for Conduit Capital Ltd (2014–2021)

The table below presents the year-by-year Defensive Interval Ratio for Conduit Capital Ltd from 2014 to 2021, covering 8 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 the complete balance sheet picture, see Conduit Capital Ltd balance sheet assets.

Year DIR (days) Defensive Assets (ZAC) Daily Cash Need Cash ST Investments Change (days)
2021 87 days ZAC158.62 Million ZAC1.83 Million/day ZAC- ZAC- ▲ +347 days
2020 -260 days ZAC-533.78 Million ZAC2.05 Million/day ZAC- ZAC- ▼ -497 days
2019 236 days ZAC437.60 Million ZAC1.85 Million/day ZAC- ZAC8.31 Million ▼ -78 days
2018 314 days ZAC274.15 Million ZAC871.90K/day ZAC- ZAC1.99 Million ▲ +44 days
2017 270 days ZAC242.35 Million ZAC896.89K/day ZAC- ZAC2.05 Million ▼ -23 days
2016 293 days ZAC202.32 Million ZAC689.71K/day ZAC- ZAC2.35 Million ▼ -12 days
2015 306 days ZAC160.84 Million ZAC525.95K/day ZAC- ZAC1.40 Million ▲ +212 days
2014 94 days ZAC138.22 Million ZAC1.47 Million/day ZAC- ZAC6.28 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)