CERTIVE SOLUTIONS INC. (5CE) — Defensive Interval Ratio

Latest as of May 2023: 4 days

CERTIVE SOLUTIONS INC. (5CE) has a Defensive Interval Ratio of 4 days as of May 2023. Defensive assets of €106.75K (cash €-, short-term investments €941.00, receivables €105.81K) cover 4 days of daily cash needs of €26.79K/day. See working capital to net assets of CERTIVE SOLUTIONS INC. to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

4 days
Days of operational coverage

Defensive Assets

€106.75K
Cash + ST Investments + Receivables

Daily Cash Need

€26.79K
Current Liabilities ÷ 365

Current Liabilities

€9.78 Million
EUR

CERTIVE SOLUTIONS INC. Defensive Interval Ratio (2021–2023)

This chart shows how CERTIVE SOLUTIONS INC.'s Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of May 2023, the ratio stands at 4 days, meaning defensive assets of €106.75K can fund 4 days of operations without new revenue. Also explore 5CE net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for CERTIVE SOLUTIONS INC. (2021–2023)

The table below presents the year-by-year Defensive Interval Ratio for CERTIVE SOLUTIONS INC. from 2021 to 2023, covering 3 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 CERTIVE SOLUTIONS INC. market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 4 days €106.75K €26.79K/day €- €941.00 ▼ -4 days
2022 8 days €153.14K €20.25K/day €- €3.04K ▲ +5 days
2021 3 days €60.15K €22.75K/day €- €36.78K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)