Shemen Industries Ltd (SMNIN) — Defensive Interval Ratio

Latest as of March 2023: 1909 days

Shemen Industries Ltd (SMNIN) has a Defensive Interval Ratio of 1909 days as of March 2023. Defensive assets of ILA79.71 Million (cash ILA-, short-term investments ILA79.14 Million, receivables ILA577.00K) cover 1909 days of daily cash needs of ILA41.77K/day. Check tangible net worth ratio of Shemen Industries Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1909 days
Days of operational coverage

Defensive Assets

ILA79.71 Million
Cash + ST Investments + Receivables

Daily Cash Need

ILA41.77K
Current Liabilities ÷ 365

Current Liabilities

ILA15.24 Million
ILA

Shemen Industries Ltd Defensive Interval Ratio (2005–2022)

This chart shows how Shemen Industries Ltd's Defensive Interval Ratio has evolved across 17 annual periods from 2005 to 2022. As of March 2023, the ratio stands at 1909 days, meaning defensive assets of ILA79.71 Million can fund 1909 days of operations without new revenue. Also explore Shemen Industries Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Shemen Industries Ltd (2005–2022)

The table below presents the year-by-year Defensive Interval Ratio for Shemen Industries Ltd from 2005 to 2022, covering 17 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 market cap of Shemen Industries Ltd.

Year DIR (days) Defensive Assets (ILA) Daily Cash Need Cash ST Investments Change (days)
2022 1538 days ILA85.27 Million ILA55.44K/day ILA- ILA84.69 Million ▼ -788 days
2021 2326 days ILA103.76 Million ILA44.60K/day ILA- ILA95.49 Million ▲ +2016 days
2020 310 days ILA65.09 Million ILA209.82K/day ILA- ILA843.00K ▼ -35 days
2019 346 days ILA82.15 Million ILA237.70K/day ILA- ILA1.79 Million ▼ -62 days
2018 407 days ILA86.29 Million ILA211.89K/day ILA- ILA1.29 Million ▲ +2 days
2017 405 days ILA77.46 Million ILA191.02K/day ILA- ILA1.26 Million ▲ +278 days
2016 127 days ILA79.71 Million ILA627.11K/day ILA- ILA1.90 Million ▼ -369 days
2015 496 days ILA74.58 Million ILA150.41K/day ILA- ILA2.15 Million ▲ +114 days
2014 381 days ILA81.47 Million ILA213.61K/day ILA- ILA1.77 Million ▲ +230 days
2013 152 days ILA85.38 Million ILA563.42K/day ILA- ILA840.00K ▼ -6 days
2012 157 days ILA97.96 Million ILA622.74K/day ILA- ILA1.17 Million ▼ -6 days
2011 163 days ILA101.19 Million ILA620.66K/day ILA- ILA5.45 Million ▲ +32 days
2010 131 days ILA62.70 Million ILA477.79K/day ILA- ILA465.00K ▼ -55 days
2009 186 days ILA64.75 Million ILA347.80K/day ILA- ILA- ▲ +29 days
2008 157 days ILA85.93 Million ILA546.57K/day ILA- ILA- ▲ +77 days
2006 80 days ILA104.87 Million ILA1.31 Million/day ILA- ILA4.02 Million ▼ -13 days
2005 93 days ILA128.65 Million ILA1.38 Million/day ILA- ILA- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)