VIA OPTRONICS AG SP.ADS/1 (5UU1) — Defensive Interval Ratio

Latest as of December 2022: 153 days

VIA OPTRONICS AG SP.ADS/1 (5UU1) has a Defensive Interval Ratio of 153 days as of December 2022. Defensive assets of €31.63 Million (cash €-, short-term investments €7.97 Million, receivables €23.66 Million) cover 153 days of daily cash needs of €206.46K/day.

Defensive Interval Ratio

153 days
Days of operational coverage

Defensive Assets

€31.63 Million
Cash + ST Investments + Receivables

Daily Cash Need

€206.46K
Current Liabilities ÷ 365

Current Liabilities

€75.36 Million
EUR

VIA OPTRONICS AG SP.ADS/1 Defensive Interval Ratio (2021–2022)

This chart shows how VIA OPTRONICS AG SP.ADS/1's Defensive Interval Ratio has evolved across 2 annual periods from 2021 to 2022. As of December 2022, the ratio stands at 153 days, meaning defensive assets of €31.63 Million can fund 153 days of operations without new revenue. For the complete balance sheet picture, see 5UU1 current and non-current assets.

Annual Defensive Interval Ratio for VIA OPTRONICS AG SP.ADS/1 (2021–2022)

The table below presents the year-by-year Defensive Interval Ratio for VIA OPTRONICS AG SP.ADS/1 from 2021 to 2022, covering 2 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 working capital to net assets of VIA OPTRONICS AG SP.ADS/1 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)
2022 153 days €31.63 Million €206.46K/day €- €7.97 Million ▲ +24 days
2021 129 days €31.13 Million €241.43K/day €- €0.00
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)