Terna Energy Societe Anonyme Commercial Technical Company (TENERGY) — Defensive Interval Ratio

Latest as of December 2024: 48 days

Terna Energy Societe Anonyme Commercial Technical Company (TENERGY) has a Defensive Interval Ratio of 48 days as of December 2024. Defensive assets of €31.17 Million (cash €-, short-term investments €3.92 Million, receivables €27.25 Million) cover 48 days of daily cash needs of €649.11K/day.

Defensive Interval Ratio

48 days
Days of operational coverage

Defensive Assets

€31.17 Million
Cash + ST Investments + Receivables

Daily Cash Need

€649.11K
Current Liabilities ÷ 365

Current Liabilities

€236.93 Million
EUR

Terna Energy Societe Anonyme Commercial Technical Company Defensive Interval Ratio (2014–2024)

This chart shows how Terna Energy Societe Anonyme Commercial Technical Company's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of December 2024, the ratio stands at 48 days, meaning defensive assets of €31.17 Million can fund 48 days of operations without new revenue. For the complete balance sheet picture, see TENERGY total assets.

Annual Defensive Interval Ratio for Terna Energy Societe Anonyme Commercial Technical Company (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Terna Energy Societe Anonyme Commercial Technical Company from 2014 to 2024, covering 11 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 Terna Energy Societe Anonyme Commercial current assets vs equity 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)
2024 48 days €31.17 Million €649.11K/day €- €3.92 Million ▼ -88 days
2023 136 days €86.37 Million €634.27K/day €- €7.55 Million ▼ -49 days
2022 185 days €69.06 Million €373.15K/day €- €4.32 Million ▲ +91 days
2021 94 days €77.97 Million €827.04K/day €- €1.76 Million ▼ -51 days
2020 145 days €87.14 Million €601.78K/day €- €2.21 Million ▼ -9 days
2019 154 days €104.91 Million €683.13K/day €- €0.00 ▼ -1 days
2018 155 days €109.00 Million €704.61K/day €- €- ▼ -54 days
2017 209 days €133.62 Million €639.81K/day €- €- ▼ -4 days
2016 213 days €162.59 Million €764.16K/day €- €- ▼ -23 days
2015 236 days €113.33 Million €480.30K/day €- €- ▲ +0 days
2014 236 days €98.23 Million €416.59K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)