Tikun Olam Cannbit Pharmaceuticals Ltd (TKUN) — Defensive Interval Ratio

Latest as of June 2025: 54 days

Tikun Olam Cannbit Pharmaceuticals Ltd (TKUN) has a Defensive Interval Ratio of 54 days as of June 2025. Defensive assets of ILA3.02 Million (cash ILA-, short-term investments ILA-, receivables ILA3.02 Million) cover 54 days of daily cash needs of ILA55.88K/day.

Defensive Interval Ratio

54 days
Days of operational coverage

Defensive Assets

ILA3.02 Million
Cash + ST Investments + Receivables

Daily Cash Need

ILA55.88K
Current Liabilities ÷ 365

Current Liabilities

ILA20.40 Million
ILA

Tikun Olam Cannbit Pharmaceuticals Ltd Defensive Interval Ratio (2017–2024)

This chart shows how Tikun Olam Cannbit Pharmaceuticals Ltd's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of June 2025, the ratio stands at 54 days, meaning defensive assets of ILA3.02 Million can fund 54 days of operations without new revenue. For the complete balance sheet picture, see TKUN total asset value.

Annual Defensive Interval Ratio for Tikun Olam Cannbit Pharmaceuticals Ltd (2017–2024)

The table below presents the year-by-year Defensive Interval Ratio for Tikun Olam Cannbit Pharmaceuticals Ltd from 2017 to 2024, covering 8 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 TKUN working capital 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)
2024 72 days ILA3.92 Million ILA54.63K/day ILA- ILA- ▼ -2 days
2023 74 days ILA5.72 Million ILA77.62K/day ILA- ILA- ▼ -123 days
2022 196 days ILA14.64 Million ILA74.55K/day ILA- ILA- ▲ +42 days
2021 154 days ILA9.71 Million ILA62.94K/day ILA- ILA- ▲ +72 days
2020 82 days ILA5.96 Million ILA72.40K/day ILA- ILA- ▲ +30 days
2019 52 days ILA3.18 Million ILA60.93K/day ILA- ILA- ▼ -58 days
2018 110 days ILA517.00K ILA4.70K/day ILA- ILA- ▼ -30 days
2017 140 days ILA18.00K ILA128.77/day ILA- ILA- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)