Medivie Therapeutic Ltd (MDVI) — Defensive Interval Ratio

Latest as of June 2021: 23 days

Medivie Therapeutic Ltd (MDVI) has a Defensive Interval Ratio of 23 days as of June 2021. Defensive assets of ILA562.00K (cash ILA-, short-term investments ILA-, receivables ILA562.00K) cover 23 days of daily cash needs of ILA24.27K/day.

Defensive Interval Ratio

23 days
Days of operational coverage

Defensive Assets

ILA562.00K
Cash + ST Investments + Receivables

Daily Cash Need

ILA24.27K
Current Liabilities ÷ 365

Current Liabilities

ILA8.86 Million
ILA

Medivie Therapeutic Ltd Defensive Interval Ratio (2010–2020)

This chart shows how Medivie Therapeutic Ltd's Defensive Interval Ratio has evolved across 11 annual periods from 2010 to 2020. As of June 2021, the ratio stands at 23 days, meaning defensive assets of ILA562.00K can fund 23 days of operations without new revenue. For the complete balance sheet picture, see how large is Medivie Therapeutic Ltd's balance sheet.

Annual Defensive Interval Ratio for Medivie Therapeutic Ltd (2010–2020)

The table below presents the year-by-year Defensive Interval Ratio for Medivie Therapeutic Ltd from 2010 to 2020, covering 11 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 working capital to net assets of Medivie Therapeutic Ltd 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)
2020 35 days ILA759.00K ILA21.44K/day ILA- ILA- ▼ -2 days
2019 37 days ILA665.00K ILA17.89K/day ILA- ILA- ▼ -32 days
2018 69 days ILA813.00K ILA11.83K/day ILA- ILA- ▲ +44 days
2017 25 days ILA232.00K ILA9.45K/day ILA- ILA- ▲ +0 days
2016 24 days ILA119.00K ILA4.94K/day ILA- ILA- ▼ -62 days
2015 86 days ILA261.00K ILA3.03K/day ILA- ILA- ▲ +39 days
2014 47 days ILA209.00K ILA4.45K/day ILA- ILA- ▼ -24 days
2013 71 days ILA400.00K ILA5.62K/day ILA- ILA4.00K ▼ -115 days
2012 186 days ILA692.00K ILA3.72K/day ILA- ILA109.00K ▼ -10 days
2011 196 days ILA1.33 Million ILA6.80K/day ILA- ILA119.00K ▲ +107 days
2010 89 days ILA836.00K ILA9.38K/day ILA- ILA- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)