Elastron S.A. - Steel Service Centers (ELSTR) — Defensive Interval Ratio

Latest as of December 2024: 157 days

Elastron S.A. - Steel Service Centers (ELSTR) has a Defensive Interval Ratio of 157 days as of December 2024. Defensive assets of €34.52 Million (cash €-, short-term investments €820.51K, receivables €33.70 Million) cover 157 days of daily cash needs of €219.83K/day. Check tangible net worth ratio of Elastron S.A. - Steel Service Centers to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

157 days
Days of operational coverage

Defensive Assets

€34.52 Million
Cash + ST Investments + Receivables

Daily Cash Need

€219.83K
Current Liabilities ÷ 365

Current Liabilities

€80.24 Million
EUR

Elastron S.A. - Steel Service Centers Defensive Interval Ratio (2014–2024)

This chart shows how Elastron S.A. - Steel Service Centers's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of December 2024, the ratio stands at 157 days, meaning defensive assets of €34.52 Million can fund 157 days of operations without new revenue. Also explore Elastron S.A. - Steel Service Centers (ELSTR) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Elastron S.A. - Steel Service Centers (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Elastron S.A. - Steel Service Centers from 2014 to 2024, covering 11 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 Elastron S.A. - Steel Service Centers (ELSTR) market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 157 days €34.52 Million €219.83K/day €- €820.51K ▼ -88 days
2023 245 days €34.30 Million €139.84K/day €- €950.39K ▼ -2 days
2022 247 days €27.27 Million €110.53K/day €- €412.92K ▲ +90 days
2021 157 days €23.85 Million €152.38K/day €- €495.16K ▼ -112 days
2020 269 days €18.45 Million €68.71K/day €- €1.16 Million ▲ +27 days
2019 242 days €16.67 Million €68.85K/day €- €24.29K ▼ -112 days
2018 354 days €21.71 Million €61.31K/day €- €26.46K ▲ +45 days
2017 309 days €27.16 Million €87.88K/day €- €27.30K ▼ -40 days
2016 349 days €19.56 Million €56.07K/day €- €156.83K ▼ -153 days
2015 502 days €15.78 Million €31.46K/day €- €135.03K ▲ +246 days
2014 256 days €20.40 Million €79.83K/day €- €38.50K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)