CHEERWIN GRP. -0000002 (1RQ) — Defensive Interval Ratio

Latest as of June 2025: 1090 days

CHEERWIN GRP. -0000002 (1RQ) has a Defensive Interval Ratio of 1090 days as of June 2025. Defensive assets of €1.78 Billion (cash €-, short-term investments €1.70 Billion, receivables €74.80 Million) cover 1090 days of daily cash needs of €1.63 Million/day.

Defensive Interval Ratio

1090 days
Days of operational coverage

Defensive Assets

€1.78 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€1.63 Million
Current Liabilities ÷ 365

Current Liabilities

€595.14 Million
EUR

CHEERWIN GRP. -0000002 Defensive Interval Ratio (2021–2024)

This chart shows how CHEERWIN GRP. -0000002's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2025, the ratio stands at 1090 days, meaning defensive assets of €1.78 Billion can fund 1090 days of operations without new revenue. For the complete balance sheet picture, see how large is CHEERWIN GRP. -0000002's balance sheet.

Annual Defensive Interval Ratio for CHEERWIN GRP. -0000002 (2021–2024)

The table below presents the year-by-year Defensive Interval Ratio for CHEERWIN GRP. -0000002 from 2021 to 2024, covering 4 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 how liquid is CHEERWIN GRP. -0000002's working capital 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 933 days €2.00 Billion €2.14 Million/day €- €1.98 Billion ▲ +135 days
2023 798 days €1.90 Billion €2.38 Million/day €- €1.88 Billion ▼ -113 days
2022 911 days €1.84 Billion €2.01 Million/day €- €1.81 Billion ▲ +523 days
2021 388 days €721.45 Million €1.86 Million/day €- €715.33 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)