Migdal Insurance (MGDL) — Defensive Interval Ratio

Latest as of June 2024: 470 days

Migdal Insurance (MGDL) has a Defensive Interval Ratio of 470 days as of June 2024. Defensive assets of ILA2.83 Billion (cash ILA-, short-term investments ILA-, receivables ILA2.83 Billion) cover 470 days of daily cash needs of ILA6.02 Million/day. Check Migdal Insurance tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

470 days
Days of operational coverage

Defensive Assets

ILA2.83 Billion
Cash + ST Investments + Receivables

Daily Cash Need

ILA6.02 Million
Current Liabilities ÷ 365

Current Liabilities

ILA2.20 Billion
ILA

Migdal Insurance Defensive Interval Ratio (2006–2022)

This chart shows how Migdal Insurance's Defensive Interval Ratio has evolved across 16 annual periods from 2006 to 2022. As of June 2024, the ratio stands at 470 days, meaning defensive assets of ILA2.83 Billion can fund 470 days of operations without new revenue. Also explore MGDL shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Migdal Insurance (2006–2022)

The table below presents the year-by-year Defensive Interval Ratio for Migdal Insurance from 2006 to 2022, covering 16 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 MGDL company net worth.

Year DIR (days) Defensive Assets (ILA) Daily Cash Need Cash ST Investments Change (days)
2022 321902 days ILA24.76 Billion ILA76.90K/day ILA- ILA20.05 Billion ▲ +319640 days
2021 2262 days ILA19.15 Billion ILA8.47 Million/day ILA- ILA17.32 Billion ▲ +26 days
2020 2235 days ILA18.46 Billion ILA8.26 Million/day ILA- ILA16.60 Billion ▼ -1986 days
2019 4221 days ILA15.87 Billion ILA3.76 Million/day ILA- ILA14.05 Billion ▲ +1871 days
2018 2351 days ILA17.24 Billion ILA7.33 Million/day ILA- ILA14.66 Billion ▼ -1481 days
2017 3832 days ILA15.62 Billion ILA4.08 Million/day ILA- ILA14.34 Billion ▲ +410 days
2016 3422 days ILA14.08 Billion ILA4.12 Million/day ILA- ILA12.35 Billion ▲ +57 days
2015 3365 days ILA12.38 Billion ILA3.68 Million/day ILA- ILA11.15 Billion ▲ +1290 days
2014 2075 days ILA11.12 Billion ILA5.36 Million/day ILA- ILA9.58 Billion ▼ -152 days
2013 2227 days ILA9.33 Billion ILA4.19 Million/day ILA- ILA8.65 Billion ▲ +2196 days
2011 31 days ILA6.86 Billion ILA223.45 Million/day ILA- ILA6.24 Billion ▼ -429301 days
2010 429332 days ILA71.98 Billion ILA167.67K/day ILA- ILA71.98 Billion ▲ +429002 days
2009 329 days ILA63.21 Billion ILA191.84 Million/day ILA- ILA63.21 Billion ▲ +11 days
2008 319 days ILA49.92 Billion ILA156.56 Million/day ILA- ILA49.92 Billion ▲ +310 days
2007 9 days ILA1.36 Billion ILA158.66 Million/day ILA- ILA- ▼ -183 days
2006 192 days ILA610.23 Million ILA3.18 Million/day ILA- ILA- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)