Avax S.A (AVAX) — Defensive Interval Ratio
Avax S.A (AVAX) has a Defensive Interval Ratio of 43 days as of December 2025. Defensive assets of €105.42 Million (cash €-, short-term investments €-, receivables €105.42 Million) cover 43 days of daily cash needs of €2.44 Million/day. See how liquid is Avax S.A's working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Avax S.A Defensive Interval Ratio (2014–2025)
This chart shows how Avax S.A's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of December 2025, the ratio stands at 43 days, meaning defensive assets of €105.42 Million can fund 43 days of operations without new revenue. See AVAX net asset quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Avax S.A (2014–2025)
The table below presents the year-by-year Defensive Interval Ratio for Avax S.A from 2014 to 2025, covering 12 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 Avax S.A market capitalisation.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 43 days | €105.42 Million | €2.44 Million/day | €- | €- | ▼ -16 days |
| 2024 | 60 days | €119.61 Million | €2.01 Million/day | €- | €- | ▼ -12 days |
| 2023 | 71 days | €139.13 Million | €1.96 Million/day | €- | €- | ▼ -24 days |
| 2022 | 95 days | €150.26 Million | €1.58 Million/day | €- | €- | ▲ +11 days |
| 2021 | 84 days | €149.01 Million | €1.77 Million/day | €- | €- | ▼ -24 days |
| 2020 | 109 days | €161.94 Million | €1.49 Million/day | €- | €- | ▼ -85 days |
| 2019 | 194 days | €468.76 Million | €2.42 Million/day | €70.80 Million | €0.00 | ▼ -177 days |
| 2018 | 371 days | €492.84 Million | €1.33 Million/day | €65.47 Million | €6.13 Million | ▲ +101 days |
| 2017 | 270 days | €431.77 Million | €1.60 Million/day | €73.29 Million | €6.65 Million | ▲ +16 days |
| 2016 | 254 days | €472.55 Million | €1.86 Million/day | €- | €3.57 Million | ▼ -75 days |
| 2015 | 329 days | €566.43 Million | €1.72 Million/day | €- | €12.10 Million | ▼ -31 days |
| 2014 | 360 days | €645.84 Million | €1.79 Million/day | €- | €1.89 Million | — |