Eldav-L (ELDAV) — Defensive Interval Ratio

Latest as of June 2023: 34011 days

Eldav-L (ELDAV) has a Defensive Interval Ratio of 34011 days as of June 2023. Defensive assets of ILA61.78 Million (cash ILA-, short-term investments ILA60.31 Million, receivables ILA1.47 Million) cover 34011 days of daily cash needs of ILA1.82K/day. Check ELDAV tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

34011 days
Days of operational coverage

Defensive Assets

ILA61.78 Million
Cash + ST Investments + Receivables

Daily Cash Need

ILA1.82K
Current Liabilities ÷ 365

Current Liabilities

ILA663.00K
ILA

Eldav-L Defensive Interval Ratio (2013–2022)

This chart shows how Eldav-L's Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2022. As of June 2023, the ratio stands at 34011 days, meaning defensive assets of ILA61.78 Million can fund 34011 days of operations without new revenue. Also explore ELDAV net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Eldav-L (2013–2022)

The table below presents the year-by-year Defensive Interval Ratio for Eldav-L from 2013 to 2022, covering 10 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 ELDAV market cap overview.

Year DIR (days) Defensive Assets (ILA) Daily Cash Need Cash ST Investments Change (days)
2022 8812 days ILA78.10 Million ILA8.86K/day ILA- ILA78.10 Million ▲ +3124 days
2021 5689 days ILA101.60 Million ILA17.86K/day ILA- ILA100.83 Million ▲ +5201 days
2020 487 days ILA126.60 Million ILA259.76K/day ILA- ILA76.08 Million ▲ +98 days
2019 389 days ILA94.23 Million ILA241.98K/day ILA- ILA33.33 Million ▼ -91 days
2018 480 days ILA102.49 Million ILA213.46K/day ILA- ILA43.44 Million ▼ -19 days
2017 499 days ILA123.69 Million ILA247.68K/day ILA- ILA55.78 Million ▲ +271 days
2016 228 days ILA61.75 Million ILA270.25K/day ILA- ILA- ▼ -21 days
2015 249 days ILA61.93 Million ILA248.55K/day ILA- ILA- ▼ -29 days
2014 278 days ILA53.38 Million ILA192.10K/day ILA- ILA- ▲ +205 days
2013 73 days ILA165.00K ILA2.27K/day ILA- ILA- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)