Akritas S.A (AKRIT) — Defensive Interval Ratio

Latest as of June 2023: 103 days

Akritas S.A (AKRIT) has a Defensive Interval Ratio of 103 days as of June 2023. Defensive assets of €5.49 Million (cash €-, short-term investments €-, receivables €5.49 Million) cover 103 days of daily cash needs of €53.48K/day. See Akritas S.A (AKRIT) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

103 days
Days of operational coverage

Defensive Assets

€5.49 Million
Cash + ST Investments + Receivables

Daily Cash Need

€53.48K
Current Liabilities ÷ 365

Current Liabilities

€19.52 Million
EUR

Akritas S.A Defensive Interval Ratio (2014–2022)

This chart shows how Akritas S.A's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at 103 days, meaning defensive assets of €5.49 Million can fund 103 days of operations without new revenue. See AKRIT equity financing ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Akritas S.A (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for Akritas S.A from 2014 to 2022, covering 9 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 Akritas S.A.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 54 days €7.47 Million €138.73K/day €1.38 Million €- ▼ -72 days
2021 126 days €6.52 Million €51.73K/day €676.45K €- ▼ -65 days
2020 191 days €10.41 Million €54.41K/day €270.57K €- ▼ -32 days
2019 224 days €9.36 Million €41.83K/day €- €- ▲ +21 days
2018 202 days €9.18 Million €45.37K/day €- €- ▲ +152 days
2017 51 days €9.09 Million €179.33K/day €- €- ▲ +3 days
2016 48 days €8.12 Million €170.20K/day €- €- ▼ -12 days
2015 60 days €9.21 Million €153.18K/day €- €- ▼ -81 days
2014 141 days €12.86 Million €91.11K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)