Tongaat (TON) — Defensive Interval Ratio

Latest as of September 2022: 67 days

Tongaat (TON) has a Defensive Interval Ratio of 67 days as of September 2022. Defensive assets of ZAC666.50 Million (cash ZAC-, short-term investments ZAC-, receivables ZAC666.50 Million) cover 67 days of daily cash needs of ZAC9.98 Million/day. For the complete balance sheet picture, see Tongaat asset portfolio.

Defensive Interval Ratio

67 days
Days of operational coverage

Defensive Assets

ZAC666.50 Million
Cash + ST Investments + Receivables

Daily Cash Need

ZAC9.98 Million
Current Liabilities ÷ 365

Current Liabilities

ZAC3.64 Billion
ZAC

Tongaat Defensive Interval Ratio (2009–2022)

This chart shows how Tongaat's Defensive Interval Ratio has evolved across 13 annual periods from 2009 to 2022. As of September 2022, the ratio stands at 67 days, meaning defensive assets of ZAC666.50 Million can fund 67 days of operations without new revenue. Check financial resilience of Tongaat to evaluate the company's liquid asset resilience ratio.

Annual Defensive Interval Ratio for Tongaat (2009–2022)

The table below presents the year-by-year Defensive Interval Ratio for Tongaat from 2009 to 2022, covering 13 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year.

Year DIR (days) Defensive Assets (ZAC) Daily Cash Need Cash ST Investments Change (days)
2022 67 days ZAC1.33 Billion ZAC19.97 Million/day ZAC- ZAC- ▲ +46 days
2021 21 days ZAC600.00 Million ZAC28.76 Million/day ZAC- ZAC1.00 Million ▲ +5 days
2020 16 days ZAC746.00 Million ZAC46.38 Million/day ZAC- ZAC56.00 Million ▼ -9 days
2019 25 days ZAC1.08 Billion ZAC42.59 Million/day ZAC- ZAC71.00 Million ▼ -32 days
2018 57 days ZAC1.39 Billion ZAC24.36 Million/day ZAC- ZAC- ▼ -157 days
2017 215 days ZAC4.07 Billion ZAC18.96 Million/day ZAC- ZAC- ▼ -23 days
2016 238 days ZAC4.68 Billion ZAC19.67 Million/day ZAC- ZAC- ▼ -11 days
2015 249 days ZAC3.29 Billion ZAC13.21 Million/day ZAC- ZAC- ▼ 0 days
2014 249 days ZAC2.85 Billion ZAC11.44 Million/day ZAC- ZAC- ▲ +72 days
2013 177 days ZAC2.30 Billion ZAC12.99 Million/day ZAC- ZAC- ▲ +41 days
2012 137 days ZAC1.98 Billion ZAC14.47 Million/day ZAC- ZAC- ▼ 0 days
2010 137 days ZAC1.58 Billion ZAC11.55 Million/day ZAC- ZAC- ▼ -42 days
2009 179 days ZAC1.65 Billion ZAC9.20 Million/day ZAC- ZAC- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)