Michlol Finance Ltd (MCLL) — Defensive Interval Ratio

Latest as of December 2022: 149 days

Michlol Finance Ltd (MCLL) has a Defensive Interval Ratio of 149 days as of December 2022. Defensive assets of ILA315.15 Million (cash ILA-, short-term investments ILA-, receivables ILA315.15 Million) cover 149 days of daily cash needs of ILA2.12 Million/day. Check Michlol Finance Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

149 days
Days of operational coverage

Defensive Assets

ILA315.15 Million
Cash + ST Investments + Receivables

Daily Cash Need

ILA2.12 Million
Current Liabilities ÷ 365

Current Liabilities

ILA774.18 Million
ILA

Michlol Finance Ltd Defensive Interval Ratio (2019–2022)

This chart shows how Michlol Finance Ltd's Defensive Interval Ratio has evolved across 4 annual periods from 2019 to 2022. As of December 2022, the ratio stands at 149 days, meaning defensive assets of ILA315.15 Million can fund 149 days of operations without new revenue. Also explore MCLL year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Michlol Finance Ltd (2019–2022)

The table below presents the year-by-year Defensive Interval Ratio for Michlol Finance Ltd from 2019 to 2022, covering 4 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 MCLL company net worth.

Year DIR (days) Defensive Assets (ILA) Daily Cash Need Cash ST Investments Change (days)
2022 149 days ILA315.15 Million ILA2.12 Million/day ILA- ILA- ▼ -99 days
2021 247 days ILA338.38 Million ILA1.37 Million/day ILA- ILA- ▼ -59 days
2020 306 days ILA167.48 Million ILA546.85K/day ILA- ILA- ▼ -1261 days
2019 1567 days ILA29.53 Million ILA18.84K/day ILA- ILA-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)