Millennium Food-Tech LP (MIFT) — Defensive Interval Ratio

Latest as of June 2025: 3700 days

Millennium Food-Tech LP (MIFT) has a Defensive Interval Ratio of 3700 days as of June 2025. Defensive assets of ILA7.05 Million (cash ILA-, short-term investments ILA7.05 Million, receivables ILA-) cover 3700 days of daily cash needs of ILA1.90K/day.

Defensive Interval Ratio

3700 days
Days of operational coverage

Defensive Assets

ILA7.05 Million
Cash + ST Investments + Receivables

Daily Cash Need

ILA1.90K
Current Liabilities ÷ 365

Current Liabilities

ILA695.00K
ILA

Millennium Food-Tech LP Defensive Interval Ratio (2020–2024)

This chart shows how Millennium Food-Tech LP's Defensive Interval Ratio has evolved across 5 annual periods from 2020 to 2024. As of June 2025, the ratio stands at 3700 days, meaning defensive assets of ILA7.05 Million can fund 3700 days of operations without new revenue. For the complete balance sheet picture, see Millennium Food-Tech LP total assets.

Annual Defensive Interval Ratio for Millennium Food-Tech LP (2020–2024)

The table below presents the year-by-year Defensive Interval Ratio for Millennium Food-Tech LP from 2020 to 2024, covering 5 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 Millennium Food-Tech LP (MIFT) working capital ratio 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)
2024 1307 days ILA6.84 Million ILA5.23K/day ILA- ILA6.84 Million ▲ +401 days
2023 905 days ILA2.06 Million ILA2.27K/day ILA- ILA2.06 Million ▲ +854 days
2022 51 days ILA96.00K ILA1.87K/day ILA- ILA16.00K ▲ +36 days
2021 15 days ILA99.00K ILA6.56K/day ILA- ILA16.00K ▼ -2435 days
2020 2450 days ILA3.15 Million ILA1.28K/day ILA- ILA2.91 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)