N. Varveris-Moda Bagno S.A (MODA) — Defensive Interval Ratio

Latest as of June 2024: 30 days

N. Varveris-Moda Bagno S.A (MODA) has a Defensive Interval Ratio of 30 days as of June 2024. Defensive assets of €1.69 Million (cash €-, short-term investments €-, receivables €1.69 Million) cover 30 days of daily cash needs of €56.10K/day. Check N. Varveris-Moda Bagno S.A tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

30 days
Days of operational coverage

Defensive Assets

€1.69 Million
Cash + ST Investments + Receivables

Daily Cash Need

€56.10K
Current Liabilities ÷ 365

Current Liabilities

€20.48 Million
EUR

N. Varveris-Moda Bagno S.A Defensive Interval Ratio (2015–2024)

This chart shows how N. Varveris-Moda Bagno S.A's Defensive Interval Ratio has evolved across 10 annual periods from 2015 to 2024. As of June 2024, the ratio stands at 30 days, meaning defensive assets of €1.69 Million can fund 30 days of operations without new revenue. Also explore N. Varveris-Moda Bagno S.A net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for N. Varveris-Moda Bagno S.A (2015–2024)

The table below presents the year-by-year Defensive Interval Ratio for N. Varveris-Moda Bagno S.A from 2015 to 2024, 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 market cap of N. Varveris-Moda Bagno S.A.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 43 days €1.87 Million €43.43K/day €- €- ▲ +5 days
2023 38 days €1.72 Million €44.69K/day €- €- ▼ -64 days
2022 102 days €4.07 Million €39.84K/day €2.58 Million €- ▼ -70 days
2021 172 days €5.98 Million €34.76K/day €3.07 Million €- ▲ +26 days
2020 146 days €4.51 Million €30.84K/day €1.83 Million €- ▲ +57 days
2019 90 days €2.49 Million €27.80K/day €- €- ▲ +16 days
2018 74 days €2.04 Million €27.53K/day €- €- ▲ +5 days
2017 69 days €1.59 Million €23.18K/day €- €- ▲ +31 days
2016 37 days €1.02 Million €27.32K/day €- €- ▼ -9 days
2015 47 days €2.11 Million €45.31K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)