Petros Petropoulos AEBE (PETRO) — Defensive Interval Ratio

Latest as of June 2024: 161 days

Petros Petropoulos AEBE (PETRO) has a Defensive Interval Ratio of 161 days as of June 2024. Defensive assets of €27.66 Million (cash €-, short-term investments €-, receivables €27.66 Million) cover 161 days of daily cash needs of €171.53K/day. See Petros Petropoulos AEBE short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

161 days
Days of operational coverage

Defensive Assets

€27.66 Million
Cash + ST Investments + Receivables

Daily Cash Need

€171.53K
Current Liabilities ÷ 365

Current Liabilities

€62.61 Million
EUR

Petros Petropoulos AEBE Defensive Interval Ratio (2014–2023)

This chart shows how Petros Petropoulos AEBE's Defensive Interval Ratio has evolved across 10 annual periods from 2014 to 2023. As of June 2024, the ratio stands at 161 days, meaning defensive assets of €27.66 Million can fund 161 days of operations without new revenue. See how leveraged is Petros Petropoulos AEBE's balance sheet to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Petros Petropoulos AEBE (2014–2023)

The table below presents the year-by-year Defensive Interval Ratio for Petros Petropoulos AEBE 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 PETRO company net worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 169 days €29.40 Million €173.90K/day €- €- ▼ -130 days
2022 299 days €24.64 Million €82.48K/day €- €- ▼ -45 days
2021 344 days €23.03 Million €66.95K/day €- €0.00 ▼ -98 days
2020 442 days €27.79 Million €62.82K/day €- €1.00 Million ▲ +107 days
2019 335 days €18.80 Million €56.05K/day €- €- ▲ +32 days
2018 303 days €16.94 Million €55.87K/day €- €- ▲ +37 days
2017 266 days €16.74 Million €62.94K/day €- €- ▲ +78 days
2016 188 days €12.79 Million €68.11K/day €- €- ▲ +1 days
2015 187 days €15.18 Million €81.33K/day €- €- ▼ -31 days
2014 218 days €16.28 Million €74.76K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)