TEVANO SYSTEMS HLDGS INC. (7RBA) — Defensive Interval Ratio

Latest as of June 2023: 4 days

TEVANO SYSTEMS HLDGS INC. (7RBA) has a Defensive Interval Ratio of 4 days as of June 2023. Defensive assets of €13.47K (cash €-, short-term investments €-, receivables €13.47K) cover 4 days of daily cash needs of €3.72K/day. See TEVANO SYSTEMS HLDGS INC. (7RBA) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

4 days
Days of operational coverage

Defensive Assets

€13.47K
Cash + ST Investments + Receivables

Daily Cash Need

€3.72K
Current Liabilities ÷ 365

Current Liabilities

€1.36 Million
EUR

TEVANO SYSTEMS HLDGS INC. Defensive Interval Ratio (2021–2023)

This chart shows how TEVANO SYSTEMS HLDGS INC.'s Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of June 2023, the ratio stands at 4 days, meaning defensive assets of €13.47K can fund 4 days of operations without new revenue. Also explore net asset growth rate of TEVANO SYSTEMS HLDGS INC. to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for TEVANO SYSTEMS HLDGS INC. (2021–2023)

The table below presents the year-by-year Defensive Interval Ratio for TEVANO SYSTEMS HLDGS 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 TEVANO SYSTEMS HLDGS INC. market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 4 days €13.47K €3.72K/day €- €- ▼ -3 days
2022 7 days €19.61K €2.78K/day €- €- ▼ -5 days
2021 12 days €39.74K €3.32K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)