Top Systems-L (TOPS) — Defensive Interval Ratio
Top Systems-L (TOPS) has a Defensive Interval Ratio of 260 days as of June 2025. Defensive assets of ILA122.03 Million (cash ILA-, short-term investments ILA421.00K, receivables ILA121.61 Million) cover 260 days of daily cash needs of ILA469.75K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Top Systems-L Defensive Interval Ratio (2008–2024)
This chart shows how Top Systems-L's Defensive Interval Ratio has evolved across 17 annual periods from 2008 to 2024. As of June 2025, the ratio stands at 260 days, meaning defensive assets of ILA122.03 Million can fund 260 days of operations without new revenue. For the complete balance sheet picture, see how large is Top Systems-L's balance sheet.
Annual Defensive Interval Ratio for Top Systems-L (2008–2024)
The table below presents the year-by-year Defensive Interval Ratio for Top Systems-L from 2008 to 2024, 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. See Top Systems-L current assets vs equity 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 | 272 days | ILA136.08 Million | ILA499.60K/day | ILA- | ILA371.00K | ▲ +35 days |
| 2023 | 237 days | ILA103.04 Million | ILA434.03K/day | ILA- | ILA435.00K | ▼ -43 days |
| 2022 | 281 days | ILA94.96 Million | ILA338.48K/day | ILA- | ILA496.00K | ▼ -11 days |
| 2021 | 292 days | ILA73.64 Million | ILA252.44K/day | ILA- | ILA924.00K | ▼ -28 days |
| 2020 | 320 days | ILA56.85 Million | ILA177.59K/day | ILA- | ILA996.00K | ▼ -11 days |
| 2019 | 331 days | ILA53.99 Million | ILA162.95K/day | ILA- | ILA203.00K | ▲ +5 days |
| 2018 | 326 days | ILA50.65 Million | ILA155.41K/day | ILA- | ILA- | ▲ +5 days |
| 2017 | 321 days | ILA42.89 Million | ILA133.58K/day | ILA- | ILA69.00K | ▼ -60 days |
| 2016 | 381 days | ILA30.05 Million | ILA78.89K/day | ILA- | ILA69.00K | ▼ -3 days |
| 2015 | 384 days | ILA27.12 Million | ILA70.67K/day | ILA- | ILA79.00K | ▲ +28 days |
| 2014 | 356 days | ILA25.18 Million | ILA70.81K/day | ILA- | ILA79.00K | ▲ +20 days |
| 2013 | 335 days | ILA20.64 Million | ILA61.56K/day | ILA- | ILA66.00K | ▼ -8 days |
| 2012 | 343 days | ILA17.81 Million | ILA51.95K/day | ILA- | ILA410.00K | ▼ -2 days |
| 2011 | 344 days | ILA18.33 Million | ILA53.21K/day | ILA- | ILA780.00K | ▼ -179 days |
| 2010 | 523 days | ILA17.70 Million | ILA33.82K/day | ILA- | ILA1.17 Million | ▲ +24 days |
| 2009 | 500 days | ILA14.57 Million | ILA29.15K/day | ILA- | ILA1.66 Million | ▲ +3 days |
| 2008 | 497 days | ILA11.44 Million | ILA23.01K/day | ILA- | ILA669.00K | — |