Ratio Energies LP (RATI-L) — Defensive Interval Ratio

Latest as of December 2022: 405 days

Ratio Energies LP (RATI-L) has a Defensive Interval Ratio of 405 days as of December 2022. Defensive assets of ILA120.65 Million (cash ILA-, short-term investments ILA55.32 Million, receivables ILA65.33 Million) cover 405 days of daily cash needs of ILA297.79K/day.

Defensive Interval Ratio

405 days
Days of operational coverage

Defensive Assets

ILA120.65 Million
Cash + ST Investments + Receivables

Daily Cash Need

ILA297.79K
Current Liabilities ÷ 365

Current Liabilities

ILA108.69 Million
ILA

Ratio Energies LP Defensive Interval Ratio (2013–2022)

This chart shows how Ratio Energies LP's Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2022. As of December 2022, the ratio stands at 405 days, meaning defensive assets of ILA120.65 Million can fund 405 days of operations without new revenue. For the complete balance sheet picture, see Ratio Energies LP balance sheet assets.

Annual Defensive Interval Ratio for Ratio Energies LP (2013–2022)

The table below presents the year-by-year Defensive Interval Ratio for Ratio Energies LP 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 RATI-L current assets to equity 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)
2022 405 days ILA120.65 Million ILA297.79K/day ILA- ILA55.32 Million ▲ +144 days
2021 261 days ILA123.09 Million ILA470.86K/day ILA- ILA75.15 Million ▲ +35 days
2020 226 days ILA102.20 Million ILA452.31K/day ILA- ILA52.10 Million ▲ +73 days
2019 153 days ILA27.20 Million ILA177.79K/day ILA- ILA7.71 Million ▼ -170 days
2018 323 days ILA44.35 Million ILA137.16K/day ILA- ILA17.45 Million ▼ -216 days
2017 540 days ILA43.05 Million ILA79.78K/day ILA- ILA33.67 Million ▼ -161 days
2016 700 days ILA10.59 Million ILA15.13K/day ILA- ILA5.66 Million ▲ +456 days
2015 244 days ILA2.90 Million ILA11.90K/day ILA- ILA- ▲ +140 days
2014 104 days ILA3.53 Million ILA33.95K/day ILA- ILA- ▲ +75 days
2013 29 days ILA766.00K ILA26.62K/day ILA- ILA- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)