Sidma S.A. Steel Products (SIDMA) — Defensive Interval Ratio

Latest as of June 2023: 294 days

Sidma S.A. Steel Products (SIDMA) has a Defensive Interval Ratio of 294 days as of June 2023. Defensive assets of €63.92 Million (cash €-, short-term investments €-, receivables €63.92 Million) cover 294 days of daily cash needs of €217.69K/day. Check how tangible is Sidma S.A. Steel Products's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

294 days
Days of operational coverage

Defensive Assets

€63.92 Million
Cash + ST Investments + Receivables

Daily Cash Need

€217.69K
Current Liabilities ÷ 365

Current Liabilities

€79.46 Million
EUR

Sidma S.A. Steel Products Defensive Interval Ratio (2014–2022)

This chart shows how Sidma S.A. Steel Products's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at 294 days, meaning defensive assets of €63.92 Million can fund 294 days of operations without new revenue. Also explore net asset growth rate of Sidma S.A. Steel Products to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Sidma S.A. Steel Products (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for Sidma S.A. Steel Products 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. For live market cap and the full company financial profile, see SIDMA market cap.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 307 days €66.25 Million €216.12K/day €8.48 Million €1.43 Million ▼ -23 days
2021 330 days €69.22 Million €210.07K/day €12.72 Million €- ▲ +160 days
2020 170 days €66.56 Million €392.34K/day €16.74 Million €- ▲ +56 days
2019 114 days €43.46 Million €382.07K/day €- €- ▼ -6 days
2018 120 days €48.40 Million €404.20K/day €- €- ▼ -1 days
2017 121 days €46.37 Million €384.39K/day €- €- ▲ +15 days
2016 106 days €38.26 Million €362.08K/day €- €- ▲ +16 days
2015 90 days €31.91 Million €355.68K/day €- €- ▼ -96 days
2014 186 days €40.78 Million €219.42K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)