CIA EN.GER. ADR 1 (CIDS) — Defensive Interval Ratio

Latest as of December 2025: 208 days

CIA EN.GER. ADR 1 (CIDS) has a Defensive Interval Ratio of 208 days as of December 2025. Defensive assets of €8.23 Billion (cash €-, short-term investments €2.44 Billion, receivables €5.79 Billion) cover 208 days of daily cash needs of €39.62 Million/day.

Defensive Interval Ratio

208 days
Days of operational coverage

Defensive Assets

€8.23 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€39.62 Million
Current Liabilities ÷ 365

Current Liabilities

€14.46 Billion
EUR

CIA EN.GER. ADR 1 Defensive Interval Ratio (2021–2025)

This chart shows how CIA EN.GER. ADR 1's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 208 days, meaning defensive assets of €8.23 Billion can fund 208 days of operations without new revenue. For the complete balance sheet picture, see CIDS current and non-current assets.

Annual Defensive Interval Ratio for CIA EN.GER. ADR 1 (2021–2025)

The table below presents the year-by-year Defensive Interval Ratio for CIA EN.GER. ADR 1 from 2021 to 2025, covering 5 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 CIA EN.GER. ADR 1 (CIDS) working capital ratio 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)
2025 208 days €8.23 Billion €39.62 Million/day €- €2.43 Billion ▲ +23 days
2024 184 days €7.14 Billion €38.75 Million/day €- €1.55 Billion ▼ -11 days
2023 196 days €7.02 Billion €35.87 Million/day €- €1.59 Billion ▼ -51 days
2022 247 days €7.57 Billion €30.69 Million/day €- €2.80 Billion ▼ -15 days
2021 262 days €7.66 Billion €29.28 Million/day €- €3.23 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)