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. See TECH INVEST GROUP ZY-02 short-term liquidity ratio to evaluate short-term liquidity relative to 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. See TECH INVEST GROUP ZY-02 (6N2) balance sheet quality index to measure how much of total assets are equity-financed.

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 TECH INVEST GROUP ZY-02 market capitalisation.

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)