Tel Aviv Stock Exchange (TASE) — Defensive Interval Ratio

Latest as of December 2025: 1061 days

Tel Aviv Stock Exchange (TASE) has a Defensive Interval Ratio of 1061 days as of December 2025. Defensive assets of ILA152.28 Million (cash ILA-, short-term investments ILA123.23 Million, receivables ILA29.05 Million) cover 1061 days of daily cash needs of ILA143.53K/day. See working capital to net assets of Tel Aviv Stock Exchange to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

1061 days
Days of operational coverage

Defensive Assets

ILA152.28 Million
Cash + ST Investments + Receivables

Daily Cash Need

ILA143.53K
Current Liabilities ÷ 365

Current Liabilities

ILA52.39 Million
ILA

Tel Aviv Stock Exchange Defensive Interval Ratio (2015–2025)

This chart shows how Tel Aviv Stock Exchange's Defensive Interval Ratio has evolved across 11 annual periods from 2015 to 2025. As of December 2025, the ratio stands at 1061 days, meaning defensive assets of ILA152.28 Million can fund 1061 days of operations without new revenue. See TASE net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Tel Aviv Stock Exchange (2015–2025)

The table below presents the year-by-year Defensive Interval Ratio for Tel Aviv Stock Exchange from 2015 to 2025, covering 11 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 Tel Aviv Stock Exchange.

Year DIR (days) Defensive Assets (ILA) Daily Cash Need Cash ST Investments Change (days)
2025 1061 days ILA152.28 Million ILA143.53K/day ILA- ILA123.23 Million ▲ +1014 days
2024 47 days ILA122.57 Million ILA2.61 Million/day ILA- ILA93.12 Million ▲ +26 days
2023 21 days ILA118.23 Million ILA5.74 Million/day ILA- ILA90.18 Million ▼ -57 days
2022 78 days ILA219.80 Million ILA2.83 Million/day ILA- ILA196.21 Million ▼ -36 days
2021 113 days ILA235.03 Million ILA2.07 Million/day ILA- ILA210.29 Million ▼ -77 days
2020 191 days ILA223.86 Million ILA1.17 Million/day ILA- ILA204.56 Million ▲ +1 days
2019 189 days ILA225.11 Million ILA1.19 Million/day ILA- ILA204.96 Million ▲ +112 days
2018 77 days ILA202.94 Million ILA2.63 Million/day ILA- ILA183.82 Million ▲ +35 days
2017 42 days ILA205.21 Million ILA4.89 Million/day ILA- ILA187.50 Million ▲ +32 days
2016 10 days ILA34.08 Million ILA3.52 Million/day ILA- ILA17.23 Million ▲ +2 days
2015 8 days ILA30.17 Million ILA3.93 Million/day ILA- ILA12.09 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)