VP Bank AG (3VFN) — Defensive Interval Ratio

Latest as of June 2023: 41 days

VP Bank AG (3VFN) has a Defensive Interval Ratio of 41 days as of June 2023. Defensive assets of €1.24 Billion (cash €-, short-term investments €-, receivables €1.24 Billion) cover 41 days of daily cash needs of €30.62 Million/day. Check 3VFN tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

41 days
Days of operational coverage

Defensive Assets

€1.24 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€30.62 Million
Current Liabilities ÷ 365

Current Liabilities

€11.18 Billion
EUR

VP Bank AG Defensive Interval Ratio (2016–2022)

This chart shows how VP Bank AG's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2022. As of June 2023, the ratio stands at 41 days, meaning defensive assets of €1.24 Billion can fund 41 days of operations without new revenue. Also explore 3VFN net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for VP Bank AG (2016–2022)

The table below presents the year-by-year Defensive Interval Ratio for VP Bank AG from 2016 to 2022, covering 7 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 how much is VP Bank AG worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 42 days €1.28 Billion €30.76 Million/day €- €- ▲ +0 days
2021 41 days €1.33 Billion €32.33 Million/day €- €- ▲ +3 days
2020 39 days €1.29 Billion €33.37 Million/day €- €- ▲ +32 days
2019 6 days €208.93 Million €32.65 Million/day €- €- ▲ +4 days
2018 3 days €85.99 Million €30.41 Million/day €- €- ▼ -2 days
2017 5 days €155.87 Million €31.21 Million/day €- €- ▼ -1 days
2016 6 days €158.99 Million €28.78 Million/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)