Canzon Israel Ltd (CNZN) — Defensive Interval Ratio

Latest as of June 2024: 13 days

Canzon Israel Ltd (CNZN) has a Defensive Interval Ratio of 13 days as of June 2024. Defensive assets of ILA33.00K (cash ILA-, short-term investments ILA33.00K, receivables ILA-) cover 13 days of daily cash needs of ILA2.62K/day.

Defensive Interval Ratio

13 days
Days of operational coverage

Defensive Assets

ILA33.00K
Cash + ST Investments + Receivables

Daily Cash Need

ILA2.62K
Current Liabilities ÷ 365

Current Liabilities

ILA956.00K
ILA

Canzon Israel Ltd Defensive Interval Ratio (2012–2023)

This chart shows how Canzon Israel Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2012 to 2023. As of June 2024, the ratio stands at 13 days, meaning defensive assets of ILA33.00K can fund 13 days of operations without new revenue. For the complete balance sheet picture, see Canzon Israel Ltd balance sheet assets.

Annual Defensive Interval Ratio for Canzon Israel Ltd (2012–2023)

The table below presents the year-by-year Defensive Interval Ratio for Canzon Israel Ltd from 2012 to 2023, covering 12 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Canzon Israel Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (ILA) Daily Cash Need Cash ST Investments Change (days)
2023 9 days ILA26.00K ILA2.81K/day ILA- ILA26.00K ▼ -81 days
2022 90 days ILA137.00K ILA1.52K/day ILA- ILA137.00K ▼ -553 days
2021 643 days ILA1.21 Million ILA1.88K/day ILA- ILA1.10 Million ▲ +642 days
2020 1 days ILA3.00K ILA2.84K/day ILA- ILA- ▼ -4 days
2019 5 days ILA18.00K ILA3.33K/day ILA- ILA- ▼ -9 days
2018 14 days ILA12.00K ILA843.84/day ILA- ILA- ▼ -55 days
2017 70 days ILA21.00K ILA301.37/day ILA- ILA- ▼ -665 days
2016 735 days ILA5.80 Million ILA7.89K/day ILA- ILA1.86 Million ▼ -77 days
2015 811 days ILA6.05 Million ILA7.46K/day ILA- ILA1.80 Million ▼ -99 days
2014 911 days ILA4.37 Million ILA4.80K/day ILA- ILA1.25 Million ▲ +201 days
2013 709 days ILA7.97 Million ILA11.24K/day ILA- ILA2.86 Million ▲ +187 days
2012 523 days ILA12.21 Million ILA23.37K/day ILA- ILA3.24 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)