Israel China Biotechnology (ICB) Ltd (ICB) — Defensive Interval Ratio

Latest as of June 2021: 13 days

Israel China Biotechnology (ICB) Ltd (ICB) has a Defensive Interval Ratio of 13 days as of June 2021. Defensive assets of ILA116.00K (cash ILA-, short-term investments ILA-, receivables ILA116.00K) cover 13 days of daily cash needs of ILA8.80K/day. Check Israel China Biotechnology (ICB) Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

13 days
Days of operational coverage

Defensive Assets

ILA116.00K
Cash + ST Investments + Receivables

Daily Cash Need

ILA8.80K
Current Liabilities ÷ 365

Current Liabilities

ILA3.21 Million
ILA

Israel China Biotechnology (ICB) Ltd Defensive Interval Ratio (2015–2020)

This chart shows how Israel China Biotechnology (ICB) Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2015 to 2020. As of June 2021, the ratio stands at 13 days, meaning defensive assets of ILA116.00K can fund 13 days of operations without new revenue. Also explore net asset momentum of Israel China Biotechnology (ICB) Ltd to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Israel China Biotechnology (ICB) Ltd (2015–2020)

The table below presents the year-by-year Defensive Interval Ratio for Israel China Biotechnology (ICB) Ltd from 2015 to 2020, covering 6 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 ICB company net worth.

Year DIR (days) Defensive Assets (ILA) Daily Cash Need Cash ST Investments Change (days)
2020 3 days ILA47.00K ILA18.06K/day ILA- ILA- ▲ +1 days
2019 2 days ILA39.00K ILA20.16K/day ILA- ILA- ▲ +0 days
2018 2 days ILA6.00K ILA3.30K/day ILA- ILA- ▼ -7 days
2017 9 days ILA26.00K ILA2.87K/day ILA- ILA- ▼ -109 days
2016 118 days ILA111.00K ILA942.47/day ILA- ILA- ▲ +84 days
2015 33 days ILA50.00K ILA1.50K/day ILA- ILA-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)