Marfin Investment Group Holdings S.A (MIG) — Defensive Interval Ratio

Latest as of June 2024: 579 days

Marfin Investment Group Holdings S.A (MIG) has a Defensive Interval Ratio of 579 days as of June 2024. Defensive assets of €9.83 Million (cash €-, short-term investments €8.35 Million, receivables €1.48 Million) cover 579 days of daily cash needs of €16.98K/day. See Marfin Investment Group Holdings S.A (MIG) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

579 days
Days of operational coverage

Defensive Assets

€9.83 Million
Cash + ST Investments + Receivables

Daily Cash Need

€16.98K
Current Liabilities ÷ 365

Current Liabilities

€6.20 Million
EUR

Marfin Investment Group Holdings S.A Defensive Interval Ratio (2014–2023)

This chart shows how Marfin Investment Group Holdings S.A's Defensive Interval Ratio has evolved across 10 annual periods from 2014 to 2023. As of June 2024, the ratio stands at 579 days, meaning defensive assets of €9.83 Million can fund 579 days of operations without new revenue. See Marfin Investment Group Holdings S.A net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Marfin Investment Group Holdings S.A (2014–2023)

The table below presents the year-by-year Defensive Interval Ratio for Marfin Investment Group Holdings S.A from 2014 to 2023, covering 10 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 MIG market cap overview.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 424 days €7.22 Million €17.02K/day €- €5.77 Million ▲ +337 days
2022 87 days €1.92 Million €21.94K/day €- €526.00K ▼ -16 days
2021 103 days €92.79 Million €897.19K/day €- €- ▲ +86 days
2020 18 days €76.50 Million €4.34 Million/day €- €- ▼ -96 days
2019 114 days €217.38 Million €1.91 Million/day €- €42.00K ▲ +27 days
2018 87 days €192.70 Million €2.22 Million/day €- €177.00K ▼ -9 days
2017 95 days €265.95 Million €2.79 Million/day €- €- ▲ +10 days
2016 86 days €273.60 Million €3.19 Million/day €- €- ▼ -1 days
2015 86 days €294.97 Million €3.41 Million/day €- €- ▼ -11 days
2014 98 days €347.42 Million €3.56 Million/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)