TECH INVEST GROUP ZY-02 (6N2) — Defensive Interval Ratio

Latest as of September 2024: 156 days

TECH INVEST GROUP ZY-02 (6N2) has a Defensive Interval Ratio of 156 days as of September 2024. Defensive assets of €2.87 Million (cash €-, short-term investments €182.57K, receivables €2.69 Million) cover 156 days of daily cash needs of €18.39K/day. Check TECH INVEST GROUP ZY-02 (6N2) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

156 days
Days of operational coverage

Defensive Assets

€2.87 Million
Cash + ST Investments + Receivables

Daily Cash Need

€18.39K
Current Liabilities ÷ 365

Current Liabilities

€6.71 Million
EUR

TECH INVEST GROUP ZY-02 Defensive Interval Ratio (2021–2023)

This chart shows how TECH INVEST GROUP ZY-02's Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of September 2024, the ratio stands at 156 days, meaning defensive assets of €2.87 Million can fund 156 days of operations without new revenue. Also explore TECH INVEST GROUP ZY-02 (6N2) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for TECH INVEST GROUP ZY-02 (2021–2023)

The table below presents the year-by-year Defensive Interval Ratio for TECH INVEST GROUP ZY-02 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 6N2 market cap.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 209 days €4.99 Million €23.93K/day €- €1.70 Million ▲ +67 days
2022 141 days €5.11 Million €36.17K/day €- €15.73K ▲ +37 days
2021 105 days €4.18 Million €39.95K/day €- €29.80K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)