Beta Systems Software AG (BSS) — Defensive Interval Ratio

Latest as of September 2023: 301 days

Beta Systems Software AG (BSS) has a Defensive Interval Ratio of 301 days as of September 2023. Defensive assets of €25.32 Million (cash €-, short-term investments €-, receivables €25.32 Million) cover 301 days of daily cash needs of €84.03K/day. Check BSS intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

301 days
Days of operational coverage

Defensive Assets

€25.32 Million
Cash + ST Investments + Receivables

Daily Cash Need

€84.03K
Current Liabilities ÷ 365

Current Liabilities

€30.67 Million
EUR

Beta Systems Software AG Defensive Interval Ratio (2017–2023)

This chart shows how Beta Systems Software AG's Defensive Interval Ratio has evolved across 7 annual periods from 2017 to 2023. As of September 2023, the ratio stands at 301 days, meaning defensive assets of €25.32 Million can fund 301 days of operations without new revenue. Also explore Beta Systems Software AG (BSS) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Beta Systems Software AG (2017–2023)

The table below presents the year-by-year Defensive Interval Ratio for Beta Systems Software AG from 2017 to 2023, covering 7 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 market cap of Beta Systems Software AG.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 301 days €25.32 Million €84.03K/day €- €- ▲ +7 days
2022 295 days €21.73 Million €73.73K/day €- €7.00K ▲ +80 days
2021 215 days €15.84 Million €73.66K/day €- €9.00K ▼ -25 days
2020 240 days €16.28 Million €67.93K/day €- €- ▼ -440 days
2019 679 days €42.03 Million €61.90K/day €- €- ▼ -223 days
2018 902 days €44.46 Million €49.27K/day €- €- ▼ -60 days
2017 962 days €40.76 Million €42.35K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)