Tomer Energy Royalties (2012) Ltd (DLRL) — Defensive Interval Ratio

Latest as of December 2020: 53 days

Tomer Energy Royalties (2012) Ltd (DLRL) has a Defensive Interval Ratio of 53 days as of December 2020. Defensive assets of ILA2.02 Million (cash ILA-, short-term investments ILA-, receivables ILA2.02 Million) cover 53 days of daily cash needs of ILA37.98K/day. See Tomer Energy Royalties (2012) Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

53 days
Days of operational coverage

Defensive Assets

ILA2.02 Million
Cash + ST Investments + Receivables

Daily Cash Need

ILA37.98K
Current Liabilities ÷ 365

Current Liabilities

ILA13.86 Million
ILA

Tomer Energy Royalties (2012) Ltd Defensive Interval Ratio (2018–2020)

This chart shows how Tomer Energy Royalties (2012) Ltd's Defensive Interval Ratio has evolved across 3 annual periods from 2018 to 2020. As of December 2020, the ratio stands at 53 days, meaning defensive assets of ILA2.02 Million can fund 53 days of operations without new revenue. See DLRL equity to assets ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Tomer Energy Royalties (2012) Ltd (2018–2020)

The table below presents the year-by-year Defensive Interval Ratio for Tomer Energy Royalties (2012) Ltd from 2018 to 2020, covering 3 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 Tomer Energy Royalties (2012) Ltd market cap and net worth.

Year DIR (days) Defensive Assets (ILA) Daily Cash Need Cash ST Investments Change (days)
2020 53 days ILA2.02 Million ILA37.98K/day ILA- ILA- ▲ +1 days
2019 52 days ILA2.47 Million ILA47.70K/day ILA- ILA- ▼ -105 days
2018 157 days ILA7.19 Million ILA45.83K/day ILA- ILA4.23 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)