Elinoil Hellenic Petroleum Company S.A (ELIN) — Defensive Interval Ratio

Latest as of June 2023: 400 days

Elinoil Hellenic Petroleum Company S.A (ELIN) has a Defensive Interval Ratio of 400 days as of June 2023. Defensive assets of €128.82 Million (cash €-, short-term investments €-, receivables €128.82 Million) cover 400 days of daily cash needs of €322.38K/day. See Elinoil Hellenic Petroleum Company S.A current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

400 days
Days of operational coverage

Defensive Assets

€128.82 Million
Cash + ST Investments + Receivables

Daily Cash Need

€322.38K
Current Liabilities ÷ 365

Current Liabilities

€117.67 Million
EUR

Elinoil Hellenic Petroleum Company S.A Defensive Interval Ratio (2014–2022)

This chart shows how Elinoil Hellenic Petroleum Company S.A's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at 400 days, meaning defensive assets of €128.82 Million can fund 400 days of operations without new revenue. See net asset quality index of Elinoil Hellenic Petroleum Company S.A to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Elinoil Hellenic Petroleum Company S.A (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for Elinoil Hellenic Petroleum Company 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 Elinoil Hellenic Petroleum Company S.A.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 379 days €360.93 Million €951.34K/day €16.83 Million €- ▼ -8 days
2021 388 days €151.28 Million €390.16K/day €24.83 Million €- ▲ +23 days
2020 364 days €98.83 Million €271.27K/day €7.36 Million €- ▲ +41 days
2019 323 days €135.47 Million €418.92K/day €- €- ▲ +26 days
2018 297 days €125.34 Million €421.45K/day €- €- ▲ +34 days
2017 263 days €79.10 Million €300.43K/day €- €- ▼ -25 days
2016 288 days €81.01 Million €280.99K/day €- €- ▲ +55 days
2015 234 days €50.29 Million €215.22K/day €- €- ▼ -54 days
2014 288 days €61.39 Million €213.10K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)