Frigoglass S.A.I.C. (FRIGO) — Defensive Interval Ratio

Latest as of June 2023: 292 days

Frigoglass S.A.I.C. (FRIGO) has a Defensive Interval Ratio of 292 days as of June 2023. Defensive assets of €301.00K (cash €-, short-term investments €-, receivables €301.00K) cover 292 days of daily cash needs of €1.03K/day. Check Frigoglass S.A.I.C. tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

292 days
Days of operational coverage

Defensive Assets

€301.00K
Cash + ST Investments + Receivables

Daily Cash Need

€1.03K
Current Liabilities ÷ 365

Current Liabilities

€376.00K
EUR

Frigoglass S.A.I.C. Defensive Interval Ratio (2014–2022)

This chart shows how Frigoglass S.A.I.C.'s Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at 292 days, meaning defensive assets of €301.00K can fund 292 days of operations without new revenue. Also explore FRIGO net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Frigoglass S.A.I.C. (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for Frigoglass S.A.I.C. 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 FRIGO market cap overview.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 0 days €0.00 €206.54K/day €- €- ▼ -120 days
2021 120 days €66.08 Million €551.22K/day €- €- ▼ -12 days
2020 132 days €55.12 Million €418.95K/day €- €- ▼ -126 days
2019 258 days €151.69 Million €588.18K/day €54.17 Million €- ▼ -47 days
2018 305 days €153.10 Million €502.53K/day €49.06 Million €- ▼ -15 days
2017 319 days €137.95 Million €432.17K/day €53.12 Million €- ▲ +262 days
2016 57 days €77.71 Million €1.37 Million/day €- €- ▼ -40 days
2015 97 days €129.28 Million €1.33 Million/day €- €- ▼ -159 days
2014 256 days €141.76 Million €552.98K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)