E-L Financial Corp Ltd (ELF) — Defensive Interval Ratio

Latest as of September 2025: 275 days

E-L Financial Corp Ltd (ELF) has a Defensive Interval Ratio of 275 days as of September 2025. Defensive assets of CA$448.10 Million (cash CA$399.63 Million, short-term investments CA$14.01 Million, receivables CA$34.46 Million) cover 275 days of daily cash needs of CA$1.63 Million/day. See E-L Financial Corp Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

275 days
Days of operational coverage

Defensive Assets

CA$448.10 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$1.63 Million
Current Liabilities ÷ 365

Current Liabilities

CA$594.43 Million
CAD

E-L Financial Corp Ltd Defensive Interval Ratio (1993–2024)

This chart shows how E-L Financial Corp Ltd's Defensive Interval Ratio has evolved across 18 annual periods from 1993 to 2024. As of September 2025, the ratio stands at 275 days, meaning defensive assets of CA$448.10 Million can fund 275 days of operations without new revenue. See E-L Financial Corp Ltd balance sheet quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for E-L Financial Corp Ltd (1993–2024)

The table below presents the year-by-year Defensive Interval Ratio for E-L Financial Corp Ltd from 1993 to 2024, covering 18 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 E-L Financial Corp Ltd (ELF) market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 415 days CA$189.40 Million CA$456.12K/day CA$187.57 Million CA$840.00K ▼ -424 days
2023 839 days CA$284.93 Million CA$339.41K/day CA$279.22 Million CA$4.96 Million ▼ -1894 days
2022 2733 days CA$1.91 Billion CA$698.18K/day CA$97.21 Million CA$1.74 Billion ▼ -1437 days
2021 4170 days CA$2.16 Billion CA$518.13K/day CA$130.71 Million CA$1.96 Billion ▼ -27928 days
2020 32098 days CA$15.79 Billion CA$491.83K/day CA$154.16 Million CA$15.54 Billion ▲ +562 days
2019 31536 days CA$14.69 Billion CA$465.82K/day CA$211.58 Million CA$14.42 Billion ▲ +31401 days
2018 135 days CA$380.26 Million CA$2.81 Million/day CA$279.21 Million CA$27.96 Million ▼ -649 days
2017 784 days CA$487.43 Million CA$621.68K/day CA$292.22 Million CA$148.91 Million ▼ -158 days
2016 942 days CA$613.80 Million CA$651.82K/day CA$386.47 Million CA$168.43 Million ▲ +905 days
2015 36 days CA$69.56 Million CA$1.91 Million/day CA$- CA$18.23 Million ▼ -72071 days
2014 72108 days CA$10.26 Billion CA$142.30K/day CA$- CA$10.22 Billion ▲ +11068 days
2013 61039 days CA$9.23 Billion CA$151.17K/day CA$- CA$9.18 Billion ▲ +59696 days
2012 1343 days CA$487.58 Million CA$363.02K/day CA$- CA$54.95 Million ▼ -25219 days
2011 26563 days CA$7.88 Billion CA$296.70K/day CA$- CA$7.44 Billion ▲ +24719 days
1996 1843 days CA$110.60 Million CA$60.00K/day CA$- CA$- ▲ +468 days
1995 1375 days CA$105.10 Million CA$76.44K/day CA$- CA$- ▼ -2331 days
1994 3706 days CA$98.50 Million CA$26.58K/day CA$- CA$- ▲ +1785 days
1993 1921 days CA$97.90 Million CA$50.96K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)