Tadir-Gan (Precision Products) 1993 Ltd (TDGN) — Defensive Interval Ratio

Latest as of June 2021: 90 days

Tadir-Gan (Precision Products) 1993 Ltd (TDGN) has a Defensive Interval Ratio of 90 days as of June 2021. Defensive assets of ILA4.79 Million (cash ILA-, short-term investments ILA-, receivables ILA4.79 Million) cover 90 days of daily cash needs of ILA53.06K/day. Check Tadir-Gan (Precision Products) 1993 Ltd (TDGN) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

90 days
Days of operational coverage

Defensive Assets

ILA4.79 Million
Cash + ST Investments + Receivables

Daily Cash Need

ILA53.06K
Current Liabilities ÷ 365

Current Liabilities

ILA19.37 Million
ILA

Tadir-Gan (Precision Products) 1993 Ltd Defensive Interval Ratio (2007–2020)

This chart shows how Tadir-Gan (Precision Products) 1993 Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2007 to 2020. As of June 2021, the ratio stands at 90 days, meaning defensive assets of ILA4.79 Million can fund 90 days of operations without new revenue. Also explore TDGN net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Tadir-Gan (Precision Products) 1993 Ltd (2007–2020)

The table below presents the year-by-year Defensive Interval Ratio for Tadir-Gan (Precision Products) 1993 Ltd from 2007 to 2020, covering 14 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 value of Tadir-Gan (Precision Products) 1993 Ltd.

Year DIR (days) Defensive Assets (ILA) Daily Cash Need Cash ST Investments Change (days)
2020 52 days ILA2.38 Million ILA45.55K/day ILA- ILA- ▼ -33 days
2019 85 days ILA2.82 Million ILA32.96K/day ILA- ILA6.00K ▼ -12 days
2018 97 days ILA4.79 Million ILA49.12K/day ILA- ILA- ▲ +48 days
2017 50 days ILA1.44 Million ILA28.94K/day ILA- ILA7.00K ▼ -31 days
2016 80 days ILA6.07 Million ILA75.53K/day ILA- ILA- ▼ -61 days
2015 142 days ILA9.66 Million ILA68.24K/day ILA- ILA- ▲ +29 days
2014 113 days ILA8.11 Million ILA72.06K/day ILA- ILA- ▼ -8 days
2013 121 days ILA8.73 Million ILA72.29K/day ILA- ILA37.00K ▼ -32 days
2012 152 days ILA8.43 Million ILA55.26K/day ILA- ILA501.00K ▼ -5 days
2011 157 days ILA9.83 Million ILA62.55K/day ILA- ILA- ▲ +116 days
2010 41 days ILA6.36 Million ILA155.71K/day ILA- ILA- ▼ -59 days
2009 99 days ILA11.19 Million ILA112.58K/day ILA- ILA- ▼ -22 days
2008 121 days ILA12.05 Million ILA99.37K/day ILA- ILA120.00K ▼ -113 days
2007 234 days ILA20.14 Million ILA86.08K/day ILA- ILA200.00K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)