Eurobank Ergasias Services and Holdings S.A. (EUROB) — Defensive Interval Ratio

Latest as of June 2023: 11 days

Eurobank Ergasias Services and Holdings S.A. (EUROB) has a Defensive Interval Ratio of 11 days as of June 2023. Defensive assets of €1.85 Billion (cash €-, short-term investments €-, receivables €1.85 Billion) cover 11 days of daily cash needs of €162.92 Million/day.

Defensive Interval Ratio

11 days
Days of operational coverage

Defensive Assets

€1.85 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€162.92 Million
Current Liabilities ÷ 365

Current Liabilities

€59.47 Billion
EUR

Eurobank Ergasias Services and Holdings S.A. Defensive Interval Ratio (2014–2022)

This chart shows how Eurobank Ergasias Services and Holdings S.A.'s Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at 11 days, meaning defensive assets of €1.85 Billion can fund 11 days of operations without new revenue. For the complete balance sheet picture, see Eurobank Ergasias Services and Holdings assets under control.

Annual Defensive Interval Ratio for Eurobank Ergasias Services and Holdings S.A. (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for Eurobank Ergasias Services and Holdings 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. See Eurobank Ergasias Services and Holdings (EUROB) working capital 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)
2022 8 days €1.33 Billion €161.37 Million/day €- €- ▼ -5 days
2021 13 days €2.04 Billion €153.00 Million/day €- €- ▼ -6 days
2020 20 days €2.69 Billion €138.03 Million/day €- €- ▼ 0 days
2019 20 days €2.60 Billion €130.64 Million/day €- €- ▲ +4 days
2018 16 days €1.84 Billion €112.55 Million/day €- €- ▲ +0 days
2017 16 days €1.67 Billion €103.52 Million/day €- €- ▼ -6 days
2016 23 days €2.26 Billion €100.13 Million/day €- €- ▲ +0 days
2015 22 days €2.17 Billion €97.89 Million/day €- €- ▲ +1 days
2014 21 days €2.48 Billion €119.21 Million/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)