Arad Investment & Industrial Development Ltd (ARAD) — Defensive Interval Ratio

Latest as of September 2024: 332 days

Arad Investment & Industrial Development Ltd (ARAD) has a Defensive Interval Ratio of 332 days as of September 2024. Defensive assets of ILA984.71 Million (cash ILA-, short-term investments ILA11.43 Million, receivables ILA973.28 Million) cover 332 days of daily cash needs of ILA2.97 Million/day. See Arad Investment & Industrial Development working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

332 days
Days of operational coverage

Defensive Assets

ILA984.71 Million
Cash + ST Investments + Receivables

Daily Cash Need

ILA2.97 Million
Current Liabilities ÷ 365

Current Liabilities

ILA1.08 Billion
ILA

Arad Investment & Industrial Development Ltd Defensive Interval Ratio (2008–2023)

This chart shows how Arad Investment & Industrial Development Ltd's Defensive Interval Ratio has evolved across 16 annual periods from 2008 to 2023. As of September 2024, the ratio stands at 332 days, meaning defensive assets of ILA984.71 Million can fund 332 days of operations without new revenue. See debt-free asset ratio of Arad Investment & Industrial Development to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Arad Investment & Industrial Development Ltd (2008–2023)

The table below presents the year-by-year Defensive Interval Ratio for Arad Investment & Industrial Development Ltd from 2008 to 2023, covering 16 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 Arad Investment & Industrial Development (ARAD) market capitalisation.

Year DIR (days) Defensive Assets (ILA) Daily Cash Need Cash ST Investments Change (days)
2023 47 days ILA751.13 Million ILA15.85 Million/day ILA- ILA10.02 Million ▼ -114 days
2022 161 days ILA745.11 Million ILA4.62 Million/day ILA- ILA39.55 Million ▼ -57 days
2021 219 days ILA852.39 Million ILA3.90 Million/day ILA- ILA89.58 Million ▲ +42 days
2020 176 days ILA729.97 Million ILA4.14 Million/day ILA- ILA51.40 Million ▼ -71 days
2019 247 days ILA793.99 Million ILA3.21 Million/day ILA- ILA111.30 Million ▼ -11 days
2018 258 days ILA765.31 Million ILA2.97 Million/day ILA- ILA70.17 Million ▲ +50 days
2017 208 days ILA678.28 Million ILA3.26 Million/day ILA- ILA9.07 Million ▲ +45 days
2016 163 days ILA641.45 Million ILA3.94 Million/day ILA- ILA11.64 Million ▲ +29 days
2015 134 days ILA647.25 Million ILA4.83 Million/day ILA- ILA21.28 Million ▲ +7 days
2014 127 days ILA606.79 Million ILA4.78 Million/day ILA- ILA22.39 Million ▲ +5 days
2013 122 days ILA620.05 Million ILA5.08 Million/day ILA- ILA9.90 Million ▲ +21 days
2012 101 days ILA645.93 Million ILA6.37 Million/day ILA- ILA9.21 Million ▼ -7 days
2011 109 days ILA638.96 Million ILA5.89 Million/day ILA- ILA16.95 Million ▲ +6 days
2010 103 days ILA682.52 Million ILA6.66 Million/day ILA- ILA12.37 Million ▼ -11 days
2009 113 days ILA841.61 Million ILA7.43 Million/day ILA- ILA195.96 Million ▲ +20 days
2008 93 days ILA757.72 Million ILA8.12 Million/day ILA- ILA28.54 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)