Purple Biotech Ltd (KTOV) — Defensive Interval Ratio

Latest as of June 2020: 13 days

Purple Biotech Ltd (KTOV) has a Defensive Interval Ratio of 13 days as of June 2020. Defensive assets of ILA1.01 Million (cash ILA-, short-term investments ILA10.00K, receivables ILA1.00 Million) cover 13 days of daily cash needs of ILA80.50K/day.

Defensive Interval Ratio

13 days
Days of operational coverage

Defensive Assets

ILA1.01 Million
Cash + ST Investments + Receivables

Daily Cash Need

ILA80.50K
Current Liabilities ÷ 365

Current Liabilities

ILA29.38 Million
ILA

Purple Biotech Ltd Defensive Interval Ratio (2009–2019)

This chart shows how Purple Biotech Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2009 to 2019. As of June 2020, the ratio stands at 13 days, meaning defensive assets of ILA1.01 Million can fund 13 days of operations without new revenue. For the complete balance sheet picture, see KTOV total assets.

Annual Defensive Interval Ratio for Purple Biotech Ltd (2009–2019)

The table below presents the year-by-year Defensive Interval Ratio for Purple Biotech Ltd from 2009 to 2019, 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. See how liquid is Purple Biotech Ltd's working capital 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)
2019 566 days ILA5.50 Million ILA9.72K/day ILA- ILA2.01 Million ▲ +317 days
2018 249 days ILA2.26 Million ILA9.08K/day ILA- ILA1.52 Million ▼ -71 days
2017 320 days ILA3.49 Million ILA10.88K/day ILA- ILA3.49 Million ▼ -1944 days
2016 2265 days ILA7.90 Million ILA3.49K/day ILA- ILA7.90 Million ▲ +2227 days
2015 38 days ILA124.00K ILA3.28K/day ILA- ILA- ▼ -131 days
2014 169 days ILA420.00K ILA2.49K/day ILA- ILA- ▲ +158 days
2013 11 days ILA38.00K ILA3.44K/day ILA- ILA- ▼ -11 days
2011 22 days ILA192.00K ILA8.76K/day ILA- ILA- ▼ -26 days
2010 48 days ILA287.00K ILA5.98K/day ILA- ILA- ▼ -93 days
2009 141 days ILA526.00K ILA3.72K/day ILA- ILA- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)