Mizrahi Tefahot (MZTF) — Defensive Interval Ratio

Latest as of December 2022: 1 days

Mizrahi Tefahot (MZTF) has a Defensive Interval Ratio of 1 days as of December 2022. Defensive assets of ILA704.00 Million (cash ILA-, short-term investments ILA-, receivables ILA704.00 Million) cover 1 days of daily cash needs of ILA993.42 Million/day.

Defensive Interval Ratio

1 days
Days of operational coverage

Defensive Assets

ILA704.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

ILA993.42 Million
Current Liabilities ÷ 365

Current Liabilities

ILA362.60 Billion
ILA

Mizrahi Tefahot Defensive Interval Ratio (2013–2022)

This chart shows how Mizrahi Tefahot's Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2022. As of December 2022, the ratio stands at 1 days, meaning defensive assets of ILA704.00 Million can fund 1 days of operations without new revenue. For the complete balance sheet picture, see Mizrahi Tefahot assets under control.

Annual Defensive Interval Ratio for Mizrahi Tefahot (2013–2022)

The table below presents the year-by-year Defensive Interval Ratio for Mizrahi Tefahot from 2013 to 2022, covering 10 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 MZTF working capital efficiency 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)
2022 1 days ILA704.00 Million ILA993.42 Million/day ILA- ILA- ▲ +0 days
2021 1 days ILA547.00 Million ILA890.01 Million/day ILA- ILA- ▼ 0 days
2020 1 days ILA640.00 Million ILA824.29 Million/day ILA- ILA- ▼ -4 days
2019 5 days ILA2.75 Billion ILA603.65 Million/day ILA- ILA2.34 Billion ▲ +3 days
2018 2 days ILA894.00 Million ILA571.79 Million/day ILA- ILA607.00 Million ▼ 0 days
2017 2 days ILA1.06 Billion ILA528.10 Million/day ILA- ILA709.00 Million ▲ +1 days
2016 1 days ILA545.00 Million ILA514.85 Million/day ILA- ILA239.00 Million ▼ -1 days
2015 2 days ILA1.10 Billion ILA469.42 Million/day ILA- ILA251.00 Million ▼ -1 days
2014 4 days ILA1.66 Billion ILA450.69 Million/day ILA- ILA716.00 Million ▼ -4 days
2013 8 days ILA3.38 Billion ILA414.10 Million/day ILA- ILA2.25 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)