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

Latest as of June 2023: 64 days

Millennium Food-Tech LP (MIFT) has a Defensive Interval Ratio of 64 days as of June 2023. Defensive assets of ILA140.00K (cash ILA-, short-term investments ILA-, receivables ILA140.00K) cover 64 days of daily cash needs of ILA2.20K/day.

Defensive Interval Ratio

64 days
Days of operational coverage

Defensive Assets

ILA140.00K
Cash + ST Investments + Receivables

Daily Cash Need

ILA2.20K
Current Liabilities ÷ 365

Current Liabilities

ILA803.00K
ILA

Millennium Food-Tech LP Defensive Interval Ratio (2020–2022)

This chart shows how Millennium Food-Tech LP's Defensive Interval Ratio has evolved across 3 annual periods from 2020 to 2022. As of June 2023, the ratio stands at 64 days, meaning defensive assets of ILA140.00K can fund 64 days of operations without new revenue.

Annual Defensive Interval Ratio for Millennium Food-Tech LP (2020–2022)

The table below presents the year-by-year Defensive Interval Ratio for Millennium Food-Tech LP from 2020 to 2022, covering 3 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 MIFT market cap overview.

Year DIR (days) Defensive Assets (ILA) Daily Cash Need Cash ST Investments Change (days)
2022 43 days ILA80.00K ILA1.87K/day ILA- ILA- ▲ +30 days
2021 13 days ILA83.00K ILA6.56K/day ILA- ILA- ▼ -170 days
2020 183 days ILA235.00K ILA1.28K/day ILA- ILA-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)