Kordellos Ch. Bros S.A (KORDE) — Defensive Interval Ratio

Latest as of June 2023: 593 days

Kordellos Ch. Bros S.A (KORDE) has a Defensive Interval Ratio of 593 days as of June 2023. Defensive assets of €23.45 Million (cash €-, short-term investments €-, receivables €23.45 Million) cover 593 days of daily cash needs of €39.56K/day.

Defensive Interval Ratio

593 days
Days of operational coverage

Defensive Assets

€23.45 Million
Cash + ST Investments + Receivables

Daily Cash Need

€39.56K
Current Liabilities ÷ 365

Current Liabilities

€14.44 Million
EUR

Kordellos Ch. Bros S.A Defensive Interval Ratio (2014–2022)

This chart shows how Kordellos Ch. Bros S.A's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at 593 days, meaning defensive assets of €23.45 Million can fund 593 days of operations without new revenue. For the complete balance sheet picture, see Kordellos Ch. Bros S.A balance sheet assets.

Annual Defensive Interval Ratio for Kordellos Ch. Bros S.A (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for Kordellos Ch. Bros 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 Kordellos Ch. Bros S.A working capital to net assets 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 724 days €24.49 Million €33.84K/day €2.28 Million €6.39K ▼ -327 days
2021 1051 days €23.66 Million €22.51K/day €2.03 Million €10.55K ▼ -242 days
2020 1293 days €21.23 Million €16.42K/day €2.06 Million €5.89K ▲ +118 days
2019 1175 days €18.31 Million €15.59K/day €- €- ▲ +984 days
2018 190 days €16.38 Million €86.08K/day €- €- ▼ -33 days
2017 223 days €20.68 Million €92.73K/day €- €- ▼ -50 days
2016 273 days €20.00 Million €73.20K/day €- €- ▲ +82 days
2015 192 days €15.82 Million €82.54K/day €- €- ▼ -87 days
2014 279 days €20.08 Million €72.09K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)