Summit Defensive Interval Ratio
Summit defensive interval ratio. Summit (SMT) has a Defensive Interval Ratio of 163 days as of September 2025. Defensive assets of ILA581.88 Million (cash ILA-, short-term investments ILA419.18 Million, receivables ILA162.70 Million) cover 163 days of daily cash needs of ILA3.58 Million/day. Explore Summit (SMT) investment intensity to see how much of total assets are deployed in long-term investments.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Summit (2005–2024)
Defensive interval ratio of Summit from 2005 to 2024. This chart shows how Summit's Defensive Interval Ratio has evolved across 15 annual periods from 2005 to 2024. As of September 2025, the ratio stands at 163 days, meaning defensive assets of ILA581.88 Million can fund 163 days of operations without new revenue. Read Summit balance sheet liabilities for a breakdown of total debt and financial obligations.
Summit Defensive Interval Ratio by Year (2005–2024)
Summit defensive interval ratio by year from 2005 to 2024. The table below presents the year-by-year Defensive Interval Ratio for Summit from 2005 to 2024, covering 15 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 the complete balance sheet picture, see SMT total assets.
| Year | DIR (days) | Defensive Assets (ILA) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 22 days | ILA103.53 Million | ILA4.71 Million/day | ILA- | ILA- | ▼ -17 days |
| 2023 | 39 days | ILA85.89 Million | ILA2.22 Million/day | ILA- | ILA- | ▲ +110 days |
| 2022 | -71 days | ILA-193.59 Million | ILA2.72 Million/day | ILA- | ILA- | ▼ -172 days |
| 2021 | 101 days | ILA85.60 Million | ILA850.07K/day | ILA- | ILA36.93 Million | ▲ +67 days |
| 2020 | 34 days | ILA92.52 Million | ILA2.75 Million/day | ILA- | ILA49.04 Million | ▲ +167 days |
| 2019 | -134 days | ILA-161.52 Million | ILA1.21 Million/day | ILA- | ILA69.74 Million | ▼ -40 days |
| 2018 | -94 days | ILA-185.89 Million | ILA1.97 Million/day | ILA- | ILA- | ▼ -281 days |
| 2017 | 187 days | ILA251.82 Million | ILA1.35 Million/day | ILA- | ILA- | ▲ +315 days |
| 2016 | -128 days | ILA-71.76 Million | ILA559.62K/day | ILA- | ILA134.25 Million | ▼ -41 days |
| 2015 | -87 days | ILA-50.65 Million | ILA582.83K/day | ILA- | ILA- | ▼ -41 days |
| 2014 | -46 days | ILA-33.75 Million | ILA733.71K/day | ILA- | ILA- | ▼ -95 days |
| 2013 | 49 days | ILA31.52 Million | ILA646.07K/day | ILA- | ILA6.78 Million | ▼ -68 days |
| 2008 | 117 days | ILA36.99 Million | ILA316.88K/day | ILA- | ILA36.99 Million | ▼ -436 days |
| 2007 | 553 days | ILA146.81 Million | ILA265.67K/day | ILA- | ILA146.81 Million | ▲ +552 days |
| 2005 | 0 days | ILA22.00K | ILA166.49K/day | ILA- | ILA22.00K | — |