MERSEN UNSP.ADR 1/5 EO 2 (CBE0) — Defensive Interval Ratio

Latest as of June 2025: 139 days

MERSEN UNSP.ADR 1/5 EO 2 (CBE0) has a Defensive Interval Ratio of 139 days as of June 2025. Defensive assets of €182.30 Million (cash €-, short-term investments €9.10 Million, receivables €173.20 Million) cover 139 days of daily cash needs of €1.31 Million/day.

Defensive Interval Ratio

139 days
Days of operational coverage

Defensive Assets

€182.30 Million
Cash + ST Investments + Receivables

Daily Cash Need

€1.31 Million
Current Liabilities ÷ 365

Current Liabilities

€478.00 Million
EUR

MERSEN UNSP.ADR 1/5 EO 2 Defensive Interval Ratio (2021–2024)

This chart shows how MERSEN UNSP.ADR 1/5 EO 2's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2025, the ratio stands at 139 days, meaning defensive assets of €182.30 Million can fund 139 days of operations without new revenue. For the complete balance sheet picture, see MERSEN UNSP.ADR 1/5 EO 2 balance sheet assets.

Annual Defensive Interval Ratio for MERSEN UNSP.ADR 1/5 EO 2 (2021–2024)

The table below presents the year-by-year Defensive Interval Ratio for MERSEN UNSP.ADR 1/5 EO 2 from 2021 to 2024, covering 4 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 position of MERSEN UNSP.ADR 1/5 EO 2 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)
2024 168 days €196.40 Million €1.17 Million/day €- €19.80 Million ▼ -51 days
2023 218 days €195.90 Million €896.71K/day €- €27.10 Million ▲ +6 days
2022 212 days €205.90 Million €969.04K/day €- €38.50 Million ▼ -22 days
2021 234 days €177.60 Million €758.63K/day €- €34.00 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)