Pipe Works L. Girakian Profil S.A. (PROFK) — Defensive Interval Ratio

Latest as of June 2023: 312 days

Pipe Works L. Girakian Profil S.A. (PROFK) has a Defensive Interval Ratio of 312 days as of June 2023. Defensive assets of €14.97 Million (cash €-, short-term investments €-, receivables €14.97 Million) cover 312 days of daily cash needs of €48.01K/day.

Defensive Interval Ratio

312 days
Days of operational coverage

Defensive Assets

€14.97 Million
Cash + ST Investments + Receivables

Daily Cash Need

€48.01K
Current Liabilities ÷ 365

Current Liabilities

€17.52 Million
EUR

Pipe Works L. Girakian Profil S.A. Defensive Interval Ratio (2014–2021)

This chart shows how Pipe Works L. Girakian Profil S.A.'s Defensive Interval Ratio has evolved across 8 annual periods from 2014 to 2021. As of June 2023, the ratio stands at 312 days, meaning defensive assets of €14.97 Million can fund 312 days of operations without new revenue. For the complete balance sheet picture, see Pipe Works L. Girakian Profil S.A. asset portfolio.

Annual Defensive Interval Ratio for Pipe Works L. Girakian Profil S.A. (2014–2021)

The table below presents the year-by-year Defensive Interval Ratio for Pipe Works L. Girakian Profil S.A. from 2014 to 2021, covering 8 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 Pipe Works L. Girakian Profil S.A. short-term liquidity ratio 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)
2021 369 days €12.16 Million €32.97K/day €- €- ▲ +68 days
2020 301 days €9.14 Million €30.35K/day €- €- ▲ +127 days
2019 174 days €7.98 Million €45.82K/day €- €- ▼ -175 days
2018 349 days €8.22 Million €23.52K/day €- €- ▼ -149 days
2017 498 days €8.57 Million €17.21K/day €- €- ▲ +277 days
2016 222 days €8.42 Million €37.99K/day €- €- ▲ +83 days
2015 139 days €8.00 Million €57.54K/day €- €- ▲ +12 days
2014 127 days €6.77 Million €53.44K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)