Dromeas SA (DROME) — Defensive Interval Ratio

Latest as of June 2023: 296 days

Dromeas SA (DROME) has a Defensive Interval Ratio of 296 days as of June 2023. Defensive assets of €13.42 Million (cash €-, short-term investments €-, receivables €13.42 Million) cover 296 days of daily cash needs of €45.31K/day. See Dromeas SA working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

296 days
Days of operational coverage

Defensive Assets

€13.42 Million
Cash + ST Investments + Receivables

Daily Cash Need

€45.31K
Current Liabilities ÷ 365

Current Liabilities

€16.54 Million
EUR

Dromeas SA Defensive Interval Ratio (2014–2022)

This chart shows how Dromeas SA's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at 296 days, meaning defensive assets of €13.42 Million can fund 296 days of operations without new revenue. See how leveraged is Dromeas SA's balance sheet to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Dromeas SA (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for Dromeas SA 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 Dromeas SA stock valuation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 337 days €14.98 Million €44.41K/day €3.04 Million €95.07K ▼ -60 days
2021 397 days €15.42 Million €38.84K/day €2.96 Million €143.28K ▲ +21 days
2020 376 days €14.42 Million €38.34K/day €3.54 Million €259.21K ▲ +78 days
2019 298 days €9.58 Million €32.15K/day €- €- ▲ +22 days
2018 276 days €6.74 Million €24.40K/day €- €203.91K ▲ +30 days
2017 247 days €6.71 Million €27.22K/day €- €203.91K ▼ -93 days
2016 339 days €5.99 Million €17.65K/day €- €203.91K ▼ -20 days
2015 359 days €5.50 Million €15.31K/day €- €203.91K ▲ +70 days
2014 290 days €5.01 Million €17.30K/day €- €203.91K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)