Erech Finance Cahalacha Ltd (EFNC) — Defensive Interval Ratio

Latest as of December 2023: 186 days

Erech Finance Cahalacha Ltd (EFNC) has a Defensive Interval Ratio of 186 days as of December 2023. Defensive assets of ILA7.55 Million (cash ILA-, short-term investments ILA1.32 Million, receivables ILA6.24 Million) cover 186 days of daily cash needs of ILA40.61K/day.

Defensive Interval Ratio

186 days
Days of operational coverage

Defensive Assets

ILA7.55 Million
Cash + ST Investments + Receivables

Daily Cash Need

ILA40.61K
Current Liabilities ÷ 365

Current Liabilities

ILA14.82 Million
ILA

Erech Finance Cahalacha Ltd Defensive Interval Ratio (2015–2023)

This chart shows how Erech Finance Cahalacha Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2015 to 2023. As of December 2023, the ratio stands at 186 days, meaning defensive assets of ILA7.55 Million can fund 186 days of operations without new revenue. For the complete balance sheet picture, see Erech Finance Cahalacha Ltd (EFNC) total assets.

Annual Defensive Interval Ratio for Erech Finance Cahalacha Ltd (2015–2023)

The table below presents the year-by-year Defensive Interval Ratio for Erech Finance Cahalacha Ltd from 2015 to 2023, covering 9 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 Erech Finance Cahalacha Ltd (EFNC) liquidity to equity 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 186 days ILA7.55 Million ILA40.61K/day ILA- ILA1.32 Million ▼ -16 days
2022 202 days ILA22.48 Million ILA111.05K/day ILA- ILA- ▼ -829 days
2021 1032 days ILA74.48 Million ILA72.20K/day ILA- ILA3.05 Million ▲ +613 days
2020 419 days ILA49.18 Million ILA117.51K/day ILA- ILA5.88 Million ▲ +76 days
2019 342 days ILA42.41 Million ILA123.85K/day ILA- ILA209.00K ▼ -118 days
2018 460 days ILA34.37 Million ILA74.71K/day ILA- ILA6.11 Million ▲ +456 days
2017 4 days ILA19.00K ILA4.31K/day ILA- ILA- ▲ +4 days
2016 1 days ILA22.00K ILA24.83K/day ILA- ILA- ▼ -16 days
2015 17 days ILA377.00K ILA22.82K/day ILA- ILA- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)