Avax S.A (AVAX) — Defensive Interval Ratio

Latest as of December 2025: 43 days

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.

Defensive Interval Ratio

43 days
Days of operational coverage

Defensive Assets

€105.42 Million
Cash + ST Investments + Receivables

Daily Cash Need

€2.44 Million
Current Liabilities ÷ 365

Current Liabilities

€889.50 Million
EUR

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. For the complete balance sheet picture, see how large is Avax S.A's balance sheet.

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. See Avax S.A short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

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 —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)